(NSI News Source Info) March 31, 2009: The Tata Group's defence arm, Tata Advanced Systems, has bagged an order for supplying 16 indigenous Akash surface to air missile (SAM) launchers for the Indian Air Force (IAF).
The Strategic Electronics Division received the Rs 182 crore order for the launchers on Monday, even as the group celebrated the launch of its Nano small car.
The order for the missile launchers is bigger than the Rs 172 crore order for Pinaka multi-barrel rockets manufactured by the group for the Indian army in 2007.
The total contract for two regiments of Akash SAMs worth an estimated Rs 1,200 crore was placed by the IAF on public sector undertaking Bharat Electronics Limited (BEL) earlier this year and deliveries are to be completed in three years.
While public sector undertaking BDL is manufacturing the missiles, BEL is producing the Rajendra phased array radar.
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