India and US sign military contract worth ₹7,995 crore
after close1 source ↓written by the desknot a recommendation
- for sustainment support
- ₹7,995 crore
India and the US have signed a military contract valued at ₹7,995 crore for sustainment support of the Indian Navy’s MH-60R helicopters. This marks the first major agreement since recent trade tensions. The deal follows US approvals for two sales totaling ₹816 crore for artillery ammunition and anti-tank missiles.
This contract may enhance defense collaboration and boost sentiment in the defense sector. 💼
Not investment advice. For informational purposes only.