The Cabinet Committee on Security chaired by Prime Minister Narendra Modi approved the largest indigenous defence procurement deal worth about Rs 48,000 crores to buy 83 LCA Tejas Mark1A fighter jets.
The deal to be signed in the next few days with HAL would strengthen the Indian Air Force's fleet of homegrown fighter jet 'LCA-Tejas' and overall combat capability.
" This deal will be a game-changer for self-reliance in the Indian defence manufacturing," Defence Minister Rajnath Singh tweeted to announce the final approval given to the mega deal.
Singh said that the indigenous content of the LCA-Tejas was 50 per cent in the MK1A variant and it would be enhanced to 60 per cent by the end of the programme.
The deal would be a major boost for the IAF and help it to arrest the fall in the number of its fighter aircraft squadrons.
Light Combat Aircraft Mk-1A variant is an indigenously designed, developed and manufactured state-of-the-art modern 4+ generation fighter aircraft. This aircraft, which is equipped with critical operational capabilities of Active Electronically Scanned Array (AESA) Radar, Beyond Visual Range (BVR) Missile, Electronic Warfare (EW) Suite and Air to Air Refuelling (AAR), would be a potent platform to meet the operational requirements of Indian Air Force.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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