India signs contract with US firm for 72,400 assault rifles

NEW DELHI: India has signed a contract with a US firm for 72,400 assault rifles at a cost of around Rs 700 crore, Defence Ministry officials said Tuesday.

The rifles, being used by US forces as well as several other European countries, are being bought under the fast-track procurement procedure.

India has signed the contract for Sig Sauer Assault Rifles with the US under fast track procurement (FTP) and as part of the agreement, India will get around 72,400 7.62mm rifles from US firm SiG Sauer in one year from this day, the officials said.

These new assault rifles will come at a cost of around Rs 700 crore, they said.

The Indian Armed Forces are currently equipped with 5.56×45 mm INSAS Rifle. There is an urgent requirement of replacing the in-service 5.56X45 mm INSAS Rifle with a 7.62X51mm Assault Rifle which is compact, robust, modern in technology and simple to maintain in field conditions, the officials said.
(AGENCIES)

LEAVE A REPLY

Please enter your comment!
Please enter your name here