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India signs contract on purchase of Russia guided missiles

November 06, 2012, 13:33 UTC+3
“It will purchase 10 thousand Russian Konkurs-M and 10 thousand Invar missiles,” the source stressed declining to specify the transaction’s sum
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NEW DEHLI, November 6 (Itar-Tass) — India will purchase from Russia the Konrurs-M guided antitank missiles and the Invar guided antitank missiles. The parties have already signed the corresponding contracts, a source close to the Indian Ministry of Defence told Itar-Tass.

“It will purchase 10 thousand Russian Konkurs-M and 10 thousand Invar missiles,” the source stressed declining to specify the transaction’s sum.

The purchase had been earlier approved by the Security Committee of the Indian cabinet of ministers. According to the local press reports, the antitank missiles with the total cost of about 12 billion rupees (240 million US dollars) are intended for motorised troops and infantry.

As for the Invar guided antitank missiles Invar for the T-90 tank, 10 thousand of them will be delivered from Russia, and then another 15 thousand will be made in India by Bharat Dynamics Limited under license.

The first 1.5 thousand Invar missiles are to be adopted for service by the Indian armed forces in the next few years.

 

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