Team News Riveting
New Delhi, August 27
Ministry of Defence (MoD) has concluded a contract with Mahindra Defence Systems Limited for procurement of 14 Integrated Anti-Submarine Warfare (ASW) Defence Suites (IADS).
The procurement would be at a cost of Rs 1,349.95 crore. The agreement was signed in New Delhi on Friday. The contract with an Indian firm under the ‘Buy and Make (Indian)’ category of defence procurement is an important boost to India’s ‘Atmanirbhar Bharat’ mission and provides a major fillip to indigenous defence industry in technology development and production. The system will enhance anti-submarine warfare capability of Indian Navy.
The IADS comes with an integrated capability for detecting enemy submarines and torpedoes at extended ranges as well as diverting incoming torpedoes fired by enemy submarines.
The MoD has continued to demonstrate its resolve to augment the ‘Make in India’ initiative of the Government and the resolve of the country to become ‘Atmanirbhar’ in advance technologies with induction of multiple equipment through home-grown defence industry.
