India inked the “letter of agreement and acceptance“ with the US on Wednesday for the $737 million (almost Rs.5,000 crore) acquisition of 145 M-777 ultra-light howitzers in a government-to-government deal. The howitzer contract will also further consolidate the position of the US as one of the largest arms suppliers to India, which having bagged deals worth over $15 billion since 2007.
Of the 145 M-777 howitzers to be delivered from mid-2017 onwards, 120 will be “assembled, integrated and tested“ in India with artillery-manufacturer BAE Systems selecting Mahindra as its business partner here.
Of the 145 M-777 howitzers to be delivered from mid-2017 onwards, 120 will be “assembled, integrated and tested“ in India with artillery-manufacturer BAE Systems selecting Mahindra as its business partner here.
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