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The defence ministry on Tuesday said it has cleared proposals to buy Barak missiles from Israel and precision-guided bombs from Russia for a total of Rs1,714 crore. The proposals were cleared by defence minister Nirmala Sitharaman.
131 Barak missiles and associated equipment will be bought from Rafael Advanced Defence Systems Ltd for Rs460 crore, a defence ministry statement said. These are surface-to-air missiles designed to be used as a ship-borne anti-missile defence system.
The second proposal cleared was for procurement of 240 bombs, at a cost of Rs1,254 crore from JSC Rosonboron Exports, Russia.
These bombs, which fall under the category of Precision Guided Munitions, are used by Indian Air Force (IAF).
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