01 December 2016

News Story: India Signs $737M Ultralight Howitzer Contract

By: Vivek Raghuvanshi

NEW DELHI — India has signed a much awaited $737 million contract for the procurement of 145 M777A2 LW155 ultralight howitzers. 

The deal was inked Wednesday with the original equipment manufacturer, the US subsidiary of BAE Systems. 

A formal Foreign Military Sales (FMS) agreement will be signed with the US government on Thursday, according a top Ministry of Defence (MoD) official.

BAE Systems executives here were unavailable for comment.

Read the full story at DefenseNews