By VIVEK RAGHUVANSHI
NEW DELHI — India’s Ministry of Defence has floated a competition for gun/missile systems for the Army. And in a first for the MoD, it is asking domestic companies to participate along with overseas firms.
The domestic defense companies that have been invited to participate in the US $1.6 billion tender have not produced the full gun/missile system, and only by teaming with overseas defense majors would these companies be able to fulfill the demand, private-sector executives here said.
An MoD official said the private companies that have been given the tender already have demonstrated their ability to integrate heavy weapon systems, including Akash missile systems and Pinaka multibarrel rocket launchers.
Defense analysts said the step will lead to more tie-ups between overseas firms and Indian companies.
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