Defence ministry signs ₹858 cr deal for missile systems
pre-market1 source ↓written by the desknot a recommendation
- deal
- ₹445 cr
- contract
- ₹413 cr
The defence ministry signed a ₹445 cr deal for Tunguska missile systems with Russia and a ₹413 cr contract for the maintenance of P8I aircraft with Boeing India. These agreements enhance India's air defence capabilities and strengthen the Indo-Russian strategic defence partnership. Immediate market implications may favor defence sector stocks as procurement activities increase.
Not investment advice. For informational purposes only.