Seeking to cut down the import bill, the army has kicked started a process to order new anti-tank guided missiles (ATGM) from the Indian industry, preferring the domestic route for over 2,000 missiles, a number that could grow exponentially given its requirements.
The third generation ATGM project, which will replace thousands of Milan and Konours missiles that are currently in service, is being looked at keenly by the private sector, with some companies in advanced stages of prototype development.Read More…