DAC okays purchase of Russian air defence missile systems

December 17, 2015 18:54

Ahead of Prime Minister Narendra Modi's visit to Russia, Defence Ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence missile systems, besides giving the go-ahead to other projects worth over Rs 25,000 crore.

The Defence Acquisition Council, chaired by Defence Minister Manohar Parrikar, has decided to buy 5 units of the S-400 Triumf air defence missile systems that are capable of destroying incoming hostile aircraft, missiles and even drones within a range of up to 400 km.

Defence ministry sources said that the step has been taken to enhance the national air defence capacity.

"The price discovery will happen hereafter," a source said, when asked how much the system would cost.

Industry estimates have suggested that the missile system will cost about Rs 40,000 crore. India will be the second buyer of the missile system after China if the deal goes through.

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