India clears procurement of S-400 missiles, 60 transport planes in ₹2.38 lakh cr defence modernisation push| India News
In a major defence acquisition push, India on Friday cleared procurement of a fresh batch of five S-400 missile systems from Russia and 60 medium transport aircraft as well as a few other military platforms at a total cost of ₹2.38 lakh crore to boost combat prowess of the defence forces. Authoritative sources said the approval covers five S-400 units and 60 transport aircraft. (REUTERS File/ Representational) The procurement proposals were approved by the Defence Acquisition Council (DAC), the defence ministry’s highest decision-making body on military procurement. It was chaired by Defence Minister Rajnath Singh. While the defence ministry confirmed that the DAC cleared the procurement of S-400 missile systems and military transport aircraft, it did not specify the exact quantities. However, authoritative sources said the approval covers five S-400 units and 60 transport aircraft. The IAF is procuring the military transport aircraft to replace its aging fleet of Soviet-era AN-32 and IL-76 planes. The top contenders for the multi-billion deal are Lockheed Martin’s C-130 J Super Hercules, Embraer’s KC-390 aircraft, and Airbus Defence and …






