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2024

Defence Ministry inks Rs 39,000 crore deals; L&T bags record contract

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The defence ministry signed acquisition contracts worth Rs 39,125 crore including the largest military deal for an Indian private sector company, L&T. The contracts included upgraded fighter jet engines, supersonic cruise missiles, close-in weapon systems, high-power radars, and ship-borne Brahmos systems. Deliveries to start in the next two to three years, generating employment and involving micro, small & medium enterprises.



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