India set for a defence bonanza INDIATIMES NEWS NETWORK[ WEDNESDAY, MARCH 30, 2005 09:34:46 AM ]
NEW DELHI: India announced a number of defence acquisitions and upgradations worth Rs 3,820 crore and decided to hold negotiations for the purchase of 12 French-made Mirage 2005 fighters from Qatar. The decision comes close on the heels of the US offering to sell F-16 or F-18 warplanes to India. The Cabinet Committee on Security, chaired by Prime Minister Manmohan Singh, also cleared the induction of nine offshore patrol vessels for the navy and the purchase of one C-303 submarine-fired torpedo decoy system from Italy. It also okayed the proposal to upgrade 14 aircraft carrier-based British-made Sea Harriers. Read full text at : http://timesofindia.indiatimes.com/articleshow/msid-1065091,curpg-1.cms The government also cleared nine off-shore patrol vessels for the Indian navy to be made at Goa shipyards. The total cost of the first three will be Rs 1084 crore. The orders for the other six will be given later. Forwarded By Eddie Verdes
