India News | Defence Ministry Signs Contract with Advanced Weapon Equipment India Ltd to Manufacture Remote Control Guns
Get latest articles and stories on India at LatestLY. The Ministry of Defence has signed a contract on February 14, 2024 with Advanced Weapon Equipment India Ltd. (AWEIL), Kanpur for manufacturing and supply of a total of 463 indigenously manufactured 12.7 mm Stabilised Remote Control Guns (SRCG) for the Indian Navy and Indian Coast Guard at a total cost of Rs. 1752.13 crores, with Indigenous Content (IC) of more than 85 percent, the Ministry of Defence said.
New Delhi [India], February 14 (ANI): The Ministry of Defence signed a contract on February 14, 2024 with Advanced Weapon Equipment India Ltd. (AWEIL), Kanpur for manufacturing and supply of a total of 463 indigenously manufactured 12.7 mm Stabilised Remote Control Guns (SRCG) for the Indian Navy and Indian Coast Guard at a total cost of Rs. 1752.13 crores, with Indigenous Content (IC) of more than 85 percent, the Ministry of Defence said.
The SRCG will enhance the capability of 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.
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This acquisition will provide 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 a period of 5 years. (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)