New Delhi, Feb. 7 -- The defence ministry on Thursday said it has signed two contracts worth Rs.10,147 crore to procure ammunition for the army's indigenous Pinaka multi-launcher rocket system, giving a boost to self-reliance in defence manufacturing.
The contracts were signed with Nagpur-based private firm Economic Explosives Limited and Pune-based Munitions India Limited for area denial munition and enhanced range rockets after the Cabinet Committee on Security (CCS) cleared the procurement last week.
"The area denial munition has a specialised warhead to deliver a quantum of sub-munitions over a larger area targeting mechanised forces, vehicles and personnel, thereby denying specific areas to the enemy. The rockets have enhanced range ...