New Delhi: The defence ministry on Tuesday sealed a Rs 2,956 crore deal with state-run Bharat Heavy Electricals Ltd to procure 16 upgraded super rapid gun mount (SRGM) and accessories for Indian Navy.
The SRGM is a medium caliber anti-missile and anti-aircraft defence weapon system that provides a sustained rate of fire and high accuracy.
The ministry said the upgraded SRGMs will be installed onboard Indian Navy's in-service and newly built ships.
'The Ministry of Defence has signed a contract with M/s Bharat Heavy Electricals Limited (BHEL), Haridwar on November 28 for procurement of 16 Upgraded Super Rapid Gun Mount (SRGM) along with associated equipment/accessories for Indian Navy under Buy (Indian) category at a total cost of Rs 2956.89 crore,' it said in a statement.
It said the upgraded SRGM will be manufactured by BHEL at its Haridwar Plant.
'The weapon system is capable of multiple engagements in multi-threat scenarios and has a proven record of very good performance against missiles and highly maneuverable fast attack crafts,' the ministry said.
It said the upgraded SRGMs will be installed onboard Indian Navy's in-service ships as well as newly built platforms.
'The project will generate an employment of two and half lakh mandays over a period of five years and encourage active participation of various Indian industries including MSME, thus significantly contributing to the government's efforts to achieve 'Atmanirbharta' in defence,' it said.