Indian Navy and Coast Guard to get 463 remote-controlled guns in Rs 1,752 crore deal
This contract will also open up a large avenue in defence manufacturing for over 125 Indian Vendors and DPSUs for over 5 years.
New Delhi: The Ministry of Defence signed a contract on February 14, 2024, with Advanced Weapon Equipment India Ltd. (AWEIL), Kanpur for the manufacturing & supply of a total of 463 indigenously manufactured 12.7 mm Stabilised Remote Control Guns (SRCG) for the Indian Navy & Indian Coast Guard at a total cost of Rs. 1752.13 crores, with Indigenous Content (IC) of more than 85%.
The SRCG will enhance the capability of the Indian Navy and Indian Coast Guard to accurately engage small targets that post a threat to ships in an asymmetric environment, both by day and night.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYThis acquisition will provide a further boost to the vision of "Aatmanirbharta in Defence". This contract will also open up a large avenue in defence manufacturing for over 125 Indian Vendors and DPSUs for over 5 years.
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