India to Purchase 145 M777 Howitzers for US$ 750 Million
Posted on:21 Apr 2016 17:38:25
21 April 2016 Current Affairs GK: India is expected to buy 145 M777 Howitzers for $750 million to prepare its Mountain Strike Corps. The decision to buy ultra-light Howitzers produced by UK based BAE Systems under the Make In India.The Decision was taken at a meeting between Indian Defense Minister ManoharParrikar and his US counterpart Ashton Carter. The price notified by the US in 2012 was $694 million. But the Gun maker seeking price revision of 10% hike from the earlier price.Under Make in India iniative BAE Systems had tied up Mahindra as its business partner for its proposed in-country assembly, integration and test (AIT) facility for the M777 Howitzer.The proposed gun comes with laser inertial artillery pointing systems (LINAPS), maintenance, personnel training and training equipment, technical assistance, engineering and logistics support services.The Army aims to use the howitzers to modernize its forces and develop Operational Conditions.
M777 Howitzers : The M777 is manufactured by BAE Systems' Global Combat Systems division. Prime contract management is based in Barrow-in-Furness in the UK as well as manufacture and assembly of the titanium structures and associated recoil components.
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