Govt okays Rs 7,000-cr defence projects

The Defence Acquisition Council okayed defence requirements worth approximately Rs 7,000 crore. These include purchasing six modern surveillance aircraft for the Indian Coast Guard. The DAC also gave its go-ahead to purchase one more C-17 Globemaster Mk-III aircraft from the US

This would help its manufacturer Boeing to shut down the C-17 assembly line. As Boeing decided to close its C-17 line, it was left with five aircraft, four of which were sold to Qatar. India has now decided to buy the last one at an undisclosed price. This will add to the existing inventory of 10 aircraft that New Delhi purchased at a price of $4.1 billion.
Source: Times of India


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