By VIVEK RAGHUVANSHI
NEW DELHI — The Indian Army will replace its aging Swedish-built 40mm L/70 air defense guns with weapons from domestic companies, a Defence Ministry source said, after the cancellation of a global tender floated last year that failed to elicit any response from overseas defense companies.
The MoD decided this month to float a $400 million domestic-only tender, the source said, to purchase 430 gun systems to replace the four-decade-old L/70 guns.
The 2013 tender was submitted to Israel Aerospace Industries, Thales, Bumar, Rosoboronexport and BAE Systems. While no executive from the overseas defense companies would respond, an MoD source said the companies did not respond to the tender because they found the program uneconomical.
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