NEW DELHI: The navy has today sealed a Rs 200-crore deal with Tata-backed Nova Integrated System Ltd for procurement of over two dozen surveillance radars, said to be first such contract by an armed force under the ‘Buy and Make’ category.
The procurement of surface surveillance radars (SSR) is part of the navy’s plan for modernisation of its fleet and these systems will also be installed on board ships under construction.
“A contract between Nova Integrated Systems Ltd and Indian Navy for procurement of surface surveillance radars (SSR) has been concluded today,” a navy statement said.
It said the deal is in line with the Government’s ‘Make in India’ initiative.
Nova Integrated Systems Ltd is a fully owned subsidiary of Tata Advanced System Ltd and it will indigenously manufacture these radars in collaboration with Terma of Denmark. (AGENCIES)