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| India to seal $3 Billion predator drone deal with US by current fiscal: Report | | | Agencies
NewDelhi, Nov 16: India is set to finalise a long-conceived proposal to procure 30 multi-mission armed Predator drones from the US for the three services at an estimated cost of over USD 3 billion (around ₹ 22,000 crore).
The proposal to acquire the MQ-9B long-endurance drones, armed with air-to-ground missiles, is likely to be cleared by the Defence Acquisition Council (DAC) in the next few weeks following which it will be placed before the PM-led Cabinet Committee on Security, sources close to PTI said.
The sources said various key aspects of the procurement including the cost component and weapons package have already been finalised and the mega-deal is set to be sealed with the US by the current fiscal. Vice Chief of India Navy Vice Admiral said the proposal will be placed before the DAC in a “short while”. “The whole effort of the procurement process is that we take a very balanced decision and therefore inputs of all stakeholders are taken. |
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