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Purchase of 240 precision bombs, 131 Barak missiles approved

New Delhi: The government on Tuesday approved the purchase of 240 precision-guided bombs for the Indian Air Force and 131 Barak missiles for the Navy at a total cost of Rs 1,714 crore.
Defence Minister Nirmala Sitharaman cleared the two procurement proposals, the defence ministry said.
The bombs, which fall under the category of precision-guided munitions, are being procured at the cost of Rs 1,254 crore from M/s JSC Rosonboron Exports, Russia.
"The procurement of bombs will address the deficiency of Precision Guided Munitions in the IAF arsenal, besides enhancing the offensive capabilities of the IAF," the ministry said in a statement.
It said the 131 Barak missiles and associated equipment are being procured from Israel's Rafael Advance Defence Systems Ltd at the cost of Rs 460 crore.
"These missiles are surface to air missiles designed to be used as a ship-borne anti-missile defence system against anti-ship missiles," said the ministry.
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