India has recently approved the purchase of 73,000 SIG716-G2 rifles from the US in a deal valued at $97 million (INR 700 Crore) to replace the aging INSAS rifles.
The deliveries of the rifles are likely to take place within a year, according to Press Trust of India.
The rifles are being bought under the fast track procurement procedure.
"The contract is expected to be finalized within a week. The US firm will have to deliver the rifles within one year from the date of finalising the deal," said a senior official involved in negotiation of the deal.
The new rifles will use 7.62 mm ammunition and may be more effective than the indigenous INSAS rifles that use 5.56 mm ammunition. Nearly 7 lakh 7.62x51 mm assault guns are required to replace the army's INSAS rifles.
In October 2017, the Army proposed to acquire around 7 lakh rifles, 44,000 light machine guns (LMGs) and nearly 44,600 carbines. However, only rifles have been cleared while the deal for carbines and LMGs remain pending.
In January, Tiruchi Assault Rifles (TAR) developed by Ordnance Factory was handed over to the Indian Border Security Force. The rifle is touted to be an improved version of INSAS rifle and it is similar to the AK-47 series.
India also procured 5,719 Italian Beretta .338 Lapua Magnum Scorpio TGT and US' Barrett .50-calibre M95 sniper rifles in January to replace the aging Russian-made Dragunov sniper rifles used by troops stationed at the LOC with Pakistan.
Tiruchi Assault Rifle (TAR), developed by the India's Ordnance Factory Tiruchirapalli (OFT) has been handed over to the Border Security Force for the first time on Sunday. The 7
The Indian Army has procured 5,719 Beretta .338 Lapua Magnum Scorpio TGT and Barrett
India has begun inducting Beretta .338 Lapua Magnum Scorpio TGT and Barrett
Lockheed Martin is waiting for US State Department Clearance for India's request to purchase 24 multi-role MH-60R Romeo anti-submarine helicopters. "The US Navy is preparing its response, which is expected to be delivered shortly," Vivek Lall, Vice President, Aeronautics Strategy and Business Development at Lockheed Martin told PTI
India has inducted its first Boeing CH-47 Chinook Helicopter to its air force fleet on Friday. The helicopter was handed over to the country during the ‘India-Chinook Transfer Ceremony held in Philadelphia, WION reported
Lockheed, Diehl, Saab Unveil Falcon Air Defense Weapon System at IDEX-2019
MBDA Unveils Self-Protection Module For Surface Ships
MBDA Debuts Anti-tank Unmanned Ground Vehicle At IDEX 2019
Iranian Navy Inducts New Cruise missile-equipped Submarine ‘Fateh’
China Offering J-10 Fighters to Laos, Bangladesh as Rival to Russian Yak-130...
Germany Drops F-35 Jet To Choose Between Boeing F/A-18, Airbus' Eurofighter
Ukrainian EW Radar Helped Israel Destroy Iranian Pantsir Air Defence in Syria
LCA Tejas Likely To Be Equipped With ASRAAM
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...
The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...