The Defence Ministry has given its final approvals for the procurement of 131 Barak missiles for Indian Navy and 240 precision-guided munitions (PGM) for Indian Air Force (IAF) together estimated at Rs.1,714 crore. The proposals were cleared by Defence Minister Nirmala Sitharaman. It is a regular procurement through the revenue expenditure.
Precision-guided munitions (PGM)
The 240 KAB-1500 PGMs will be procured from Rosoboronexport of Russia at a cost of Rs.1,254 crore. PGM is variant of the KAB PGMs. It has been in service of IAF and has been employed by Su-30 fighter jets. Due to the value of the contract, the approval of Defence Ministry was required,” a defence official said. This procurement will address the deficiency of Precision Guided Munitions in IAF arsenal and also enhance offensive capabilities of the IAF.
Barak surface-to-air missiles (SAM)
131 Barak surface-to-air missiles (SAM) and associated equipment will be bought from Israel’s Rafael Advanced Defence Systems Ltd for Rs.460 crore. They will be installed on all frontline warships of the Indian Navy. These are SAM designed to be used as a ship-borne anti-missile defence system.