NEW DELHI: India has signed 182 contracts over the last three years and the current year with domestic and foreign vendors for the procurement of defence equipment for the three armed services.
In a written reply in Lok Sabha, Minister of State for Defence Rao Inderjit Singh said while 62 contracts were signed for the navy, 79 and 41 contracts were signed for the army and IAF respectively.
The defence equipment included ships, missiles, rockets, simulators, tanks, guns, aircraft, helicopters and radars.
Explaining the process, he said that the capital procurement proposals flow from the planning process.
The Long Term Integrated Perspective Plan (LTIPP) covers a period of 15 years and currently LTIPP 2012-27 is in vogue wherein the requirements specific to army, navy and air force include guns, rockets, missile systems, non-lethal weapons, flight control system, UAVs, amphibious aircraft, air-launched weapons and submarines, he said.
Replying to another question, Singh said 169 of procurement proposals have been approved during the last three financial years and the current financial year with total Acceptance of Necessity (AoN) cost of Rs 2,49,755 crore.(AGENCIES)
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