India News | Defence Ministry Inks Rs 6,900 Crore Contracts for 155mm/52 Calibre Advanced Towed Artillery Gun Systems
Get latest articles and stories on India at LatestLY. The Ministry of Defence (MoD) has signed contracts with Bharat Forge Limited and Tata Advanced System Limited for the procurement of 155mm/52 Calibre Advanced Towed Artillery Gun Systems (ATAGS) and High Mobility Vehicle 6x6 Gun Towing Vehicles respectively at a total cost of about Rs 6,900 crore, Ministry of Defence said in a press release.
New Delhi [India], March 26 (ANI): The Ministry of Defence (MoD) has signed contracts with Bharat Forge Limited and Tata Advanced System Limited for the procurement of 155mm/52 Calibre Advanced Towed Artillery Gun Systems (ATAGS) and High Mobility Vehicle 6x6 Gun Towing Vehicles respectively at a total cost of about Rs 6,900 crore, Ministry of Defence said in a press release.
The contracts were signed in the presence of Defence Secretary Rajesh Kumar Singh at South Block in New Delhi on March 26, 2025.
With the signing, total contracts worth Rs 1.40 lakh crore have been signed by MoD for capital procurement till date in the current Financial Year 2024-25. During the contract signing, the Project Director of ATAGS from DRDO's Armament Research and Development Establishment, Pune, who played a pivotal role in the realisation of the project,t was felicitated by the Defence Secretary as an honour for his immense contribution.
The 155 mm/52 Calibre ATAGS will replace the vintage and smaller calibre guns and enhance the artillery capabilities of the Indian Army. The procurement of this gun system marks a significant milestone in the modernisation of the Artillery Regiments, enhancing operational readiness. ATAGS, renowned for its exceptional lethality, will play a crucial role in bolstering the Army's firepower by enabling precise and long-range strikes.
Being the first major procurement of towed guns from the private sector by the Indian Army, the project will provide a boost to the Indian gun manufacturing industry in particular and the indigenous defence manufacturing eco-system as a whole. This project is a proud flag-bearers of Aatmnanirbhar Bharat by significantly contributing to employment generation and economic growth in consonance with the Make-in-India initiative. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)