09:21 GMT +324 July 2019
Listen Live
    Igla hand-held antiaircraft missile systems

    India Negotiating Purchase of Russian Igla-S Missile System - Indian Def Min

    © Sputnik / Ivan Rudnev
    Asia & Pacific
    Get short URL
    1112

    India’s Minister of State for Defense Subhash Bhamre said in the parliament that the case of purchase of the missile system is at contract negotiation stage with Rosoboronexport of Russia, the L1 vendor, which has offered Igla-S missile system.

    New Delhi (Sputnik): Indian defense ministry has stated that Russia's Igla-S is the winner of multi-billion tender for very short range air defense missiles (VSHORADS) on Wednesday. 

    The defense ministry has also added that it is aware of US financial sanctions for arms purchases from Russia under Countering America's Adversaries through Sanctions Act (CAATSA) which may impact procurement.

    READ MORE: India Test-Fires its Longest Range Nuclear Capable Ballistic Missile Agni-V

    "Defense procurement is carried out based on threat perception, operational and technological aspects to keep the Armed Forced in a state of readiness to meet the entire spectrum of security challenges," Subhash Bhamre replied to question of a lawmaker who asked whether the Government is aware that this deal is under the shadow of CAATSA.

    The ministry also clarified that the Russian firm will provide major support to country's Make in India program through the transfer of technology (ToT) to state-owned Bharat Dynamic Limited (BDL) and Ordnance Factory Board (OFB).

    READ MORE: US, India to 'Sort Out' Sanctions Waiver for S-400 Purchase — Mattis

    Russia's Rosoboronexport was declared the winner of the tender which was floated in 2010 for the procurement of 5185 missiles and associated equipment under the Indian Army's VSHORAD program. Indian defense ministry had announced the winner after the bid amount submitted by Rosoboronexport for supplying Igla-S was found well below the "benchmark price" of $2 billion while Saab had bid $2.6 billion and the French firm, MBDA, quoted $3.7 billion.

    Related:

    Russian Army to Get 1st Tor-M2DT Air Defense Missile Systems Next Week
    Russian FM: Moscow Provides US Info on Missile Tests That Allegedly Violated INF
    What You Need to Know About Russian S-400 Air Defense Missile System
    WATCH Footage of Russian S-300 Missile Systems Being Delivered to Syria
    Tags:
    missile defence, negotiations, Rosoboronexport, India, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik