Ministry of Defence signs contract worth ₹ 423 Cr with US for procurement of Arms for Indian Navy

The Ministry of Defence has signed a contract on 21 October 2021 with the US Government under Foreign Military Sale (FMS) for procurement of MK 54 Torpedo and Expendable (Chaff and Flares) for the Indian Navy at a cost of ₹ 423 Crores.

These weapons are the outfit of P-8I Aircraft which is used for Long range Maritime Surveillance, Anti-Submarine Warfare and Anti-Surface Warfare (ASW).