Govt approves purchase of Russian Missile Systems @ Rs 39,000 crore

Govt approves purchase of Russian Missile Systems @ Rs 39,000 crore

Date:

The Modi Government has approved the acquisition of five advanced Russian S-400 Triumf defence missile systems at a cost of Rs 39,000 crore. The missile systems are capable of destroying incoming hostile aircrafts, stealth fighters, missiles and drones at ranges of up to 400 km.

The decision was taken by the Manohar Parrikar-led defence acquisitions council (DAC). The move came just ahead of PM Narendra Modi’s summit with Russian President Vladimir Putin in Moscow on December 24.

Share post:

Popular

More like this
Related

Cryptocurrency Update – May 19, 2022

The global crypto market cap continued to shrink further in the last 24 hours amid a prevailing sentiment of “extreme fear”

Cryptocurrency Update – May 18, 2022

Bitcoin price has again crashed to below $30,000 level. The global cryptocurrency market volume over the last 24 hours decreased by 11.39% to $77.44 billion.

Cryptocurrency Update- May 17,2022

The global crypto market cap increased by over 3.5 percent to $1.31 trillion over the last  day, according to Coinmarketcap data on Tuesday (3.28 pm).

Cryptocurrency Update- May 16,2022

The global crypto market cap is $1.27T, a 2.69% decrease over the last day.