India’s K9 SPH buy edges closer
The procurement of 100 K9 self-propelled howitzers (SPH) for the Indian Army has moved one step closer after price negotiations between the MoD and the local agent were successfully concluded.
The tracked K9 is an established product from Hanwha Techwin in South Korea, which is partnering with local company Larsen & Toubro (L&T) to offer India the K9 Vajra (which means Thunderbolt). The approved price is around the $750 million mark.
Before the ‘Buy Global’ deal under the Defence Procurement Procedure (DPP) comes into effect, it will move to the Cabinet Committee on Security, which is headed by Prime Minister
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