India’s 40 million USD defence deal with Armenia beats Russia and Poland
On March 1, 2020, India bagged a deal to supply 4 indigenously built radars (capable of locating weapons) to Armenia. The deal was worth 40 million USD.
India and Armenia signed deals on DRDO built “Swati” weapon locating radars. Armenia has decided to go with Indian built radars after testing Russian and Poland made systems. Armenia also claims that Indian made systems were more reliable as compared to the other two.
The Radar is capable of handling multiple weapons at different locations. Currently, Indian army is also using the same radar along the line of control to trace source of attack of the Pakistan army.
The Deal will help India achieve its Rs 35,000 crores of defence exports very soon. It will also help India find new markets to sell its indigenous defence systems. The Defence Ministry is also negotiating with middle east countries, latin American and south-east Asian countries to export its defence products.
Category: Defence Current Affairs
|View All E-Books: Recent Release|