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Precision Guided Munitions and Barak Missiles

Indian government has approved the procurement of 240 Precision Guided Munitions(Bombs), at a cost of Rs. 1254 Crores from M/s JSC Rosonboron Exports for Indian Air Force (IAF). The second proposal pertained to procurement of 131 Barak Missiles and associated equipment, under option clause from M/s Rafeal Advance Defence Systems Ltd., Israel, at a cost of Rs. 460 Crores.

http://pib.nic.in/newsite/PrintRelease.aspx?relid=175099

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