HomeNewsBusinessDefence ministry signs Rs 1752-crore deal with Kanpur firm for stabilised remote control guns

Defence ministry signs Rs 1752-crore deal with Kanpur firm for stabilised remote control guns

This acquisition will provide further boost to the vision of "Aatmanirbharta in Defence", the ministry of defence said in a statement.

February 14, 2024 / 19:00 IST
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"This contract will also open up a large avenue in defence manufacturing for over 125 Indian vendors and Defence PSUs for over a period of five years," Ministry of Defence said.
"This contract will also open up a large avenue in defence manufacturing for over 125 Indian vendors and Defence PSUs for over a period of five years," Ministry of Defence said.

The Ministry of Defence on Wednesday signed a Rs 1,752.13-crore contract with a Kanpur-based firm for manufacturing and supply of 463 indigenously built 12.7 mm stabilised remote control guns for the Indian Navy and the Indian Coast Guard, officials said.

This acquisition will provide further boost to the vision of "Aatmanirbharta in Defence", the ministry of defence said in a statement.

Story continues below Advertisement

"This contract will also open up a large avenue in defence manufacturing for over 125 Indian vendors and Defence PSUs for over a period of five years," it added.

The ministry signed the contract with Advanced Weapon Equipment India Limited (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 the Indian Coast Guard at a total cost of Rs 1,752.13 crore, with indigenous content (IC) of more than 85 per cent," it said.