New Delhi, Feb. 6 -- The Defence Ministry is set to sign the Rs 10,200 crore contract for ammunition for the Pinaka multi-barrel rocket launcher weapon system on Thursday with Solar Industries, Nagpur and public sector firm Munitions India Limited (MIL).

The Cabinet Committee on Security had last week cleared the Indian Army proposal to buy the ammunition including the Area Denial Munitions, said Defence officials.

The project would be divided between the rocket manufacturer Solar Industries of Nagpur and the former Ordnance Factory Board company Munitions India Limited (MIL), they said.

Army Chief Gen Upendra Dwivedi in his annual press conference on January 13 had stated that the contract for Pinaka weapon systems munitions including...