The defence ministry on Friday inked five military procurement deals worth Rs 39,125 crore.
Of the five contracts, one was with the Hindustan Aeronautics Ltd. for procurement of aero-engines for MiG-29 aircraft, according to the ministry.
Two contracts were firmed up with Larsen & Toubro Limited for the procurement of close-in weapon system and high-power radar. Two other deals were finalised with BrahMos Aerospace Private Limited for the procurement of BrahMos missiles.
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"These deals will further strengthen indigenous capabilities, save foreign exchange and reduce dependency on foreign-origin equipment manufacturers in future," the ministry said.
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