Defence ministry signs ₹858 cr deal for missile systems and jets
after close1 source ↓written by the desknot a recommendation
- deal for Tunguska
- ₹445 cr
- contract for P8I
- ₹413 cr
- totaling
- ₹858 cr
The defence ministry signed a ₹445 cr deal for Tunguska missile systems with Russia and a ₹413 cr contract for P8I aircraft maintenance with Boeing India. These agreements, totaling ₹858 cr, aim to bolster India's air defence capabilities and strengthen Indo-Russian defence ties. 📈
• Tunguska systems enhance protection against aerial threats
• Contracts signify commitment to indigenous defence procurement
• Potential positive sentiment for defence sector stocks
Not investment advice. For informational purposes only.