Government to buy bombs, missiles worth â¹1,714 crore
Defence Minister Nirmala Sitharaman on Tuesday approved the purchase of 240 precision-guided bombs worth â¹1,254 crore for the Air Force and 131 Barak missiles worth â¹460 crore for the Navy. While the missiles are designed to be used as in ship-borne anti-missile defence systems against ships, the bombs are aimed at addressing the deficiency of precision-guided munitions in IAF's arsenal.