MoD inks ₹1,200cr contract with PSU for 5,000 anti-tank missiles | India News – Times of India

NEW DELHI: The defence ministry on Friday inked a Rs 1,188 crore contract with defence PSU Bharat Dynamics Limited (BDL) for the supply of 4,960 Milan-2T anti-tank guided missiles (ATGMs) to the Army.
The contract for these old secondgeneration ATGMs, with a range of 1.8-km, comes in the backdrop of the over 13-lakh Army facing an acute shortage of advanced missiles to thwart enemy tanks. The Army had last year gone in for the emergency induction of a limited number of the third-generation Israeli Spike ATGMs to meet immediate operational requirements amidst the military confrontation with China in eastern Ladakh, as was then reported by TOI.
With the indigenous third-generation Nag ATGMs yet to be inducted, the Army is currently largely equipped with the Milan-2T and Konkurs (4-km) ATGMs, which have been produced by BDL under licence from French and Russian companies for years.