Big opportunity for defence industry! Indian Army to get 4,960 Anti-Tank Guided Missiles
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New Delhi, Mar 19: Strengthening the Indian Army 's power, the Defence Ministry on Friday signed a contract with Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) to supply 4,960 MILAN-2T Anti-Tank Guided Missiles to the Army at a cost of Rs 1,188 crores.
MILAN-2T is a man-portable (Infantry) second-generation ATGM, that can destroy battle tanks fitted with explosive reactive armour, moving and stationary targets.
The deal will further boost the ‘Make in India’ initiative of the Modi government. It is a ‘Repeat Order’ of contract, which was signed with Bharat Dynamics Limited on March 08, 2016.
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The Milan-2T is a Tandem Warhead ATGM with the range of 1,850 metres, produced by BDL under license from MBDA Missile Systems, France. These missiles can be fired from ground as well as vehicle-based launchers and can be deployed in Anti-Tank Role for both offensive & defensive tasks.
The induction of these missiles will further enhance the operational preparedness of the Armed Forces and is planned to be completed in three years.
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"This project is a big opportunity for the defence industry to showcase its capability and will be a step in the direction of achieving the goal of ‘Atmanirbhar Bharat’ in the defence sector," the defence ministry said in a statement.