India OKs Potential $555M Procurement of NAG Missile System, Naval Guns

India’s defense acquisition council has approved capital acquisition proposals worth approximately $554.6 million.

The Indian government said Friday the proposals include the procurement of the NAG missile system valued at approximately $78.8 million and 13 BAE Systems-built 127-mm-caliber guns for the country’s naval force worth $451.3 million.

The NAG missile platform consists of a missile carrier vehicle – NAMICA – and a third-generation anti-tank guided missile designed to target adversary tanks.

The guns will be installed aboard naval ships to offer fire support against ground-based targets.

The Indian government added that the council also evaluated the Defence Research and Development Organisation’s program to build an airborne warning and control system.

You may also be interested in...

ArchIntel

ArchIntel Offering Competitive Intelligence Roundtable Membership to Enhance CI Collaboration

ArchIntel, the market leading provider of open source daily intelligence, competitive intelligence reports and competitive intelligence events, is now offering a Competitive Intelligence Roundtable Membership for CI professionals at the executive level to privately discuss the challenges and best practices for the competitive and market intelligence sectors. 

SOSi CEO Julian Setian Receives Wash100 Award

SOSi CEO Julian Setian Receives Second Consecutive Wash100 Award for Driving Growth, Emerging Tech Capabilities

For the second consecutive year, SOS International CEO Julian Setian has received a Wash100 Award for his leadership and vision to drive company growth and innovation for its technical capabilities in cloud, cybersecurity, data analytics and software development. Under his leadership, Setian has continued to drive company growth and expansion of its vital capabilities.