The Ministry of Defence has signed a contract worth ₹661.5 crore with BrahMos Aerospace Pvt Ltd (BAPL) in New Delhi for the procurement of BrahMos Fire Control Systems (FCS) and Launchers for the Indian Navy vessels.
The acquisition is made under the “Buy (Indian-IDDM)” (Indigenously Designed, Developed and Manufactured) category. It is to be noted that the equipment to be supplied must have a minimum indigenous content of 68%.