Don’t miss the latest developments in business and finance.

IAF to upgrade fleet of combat planes

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:24 AM IST

In a written reply to a question in Lok Sabha today, Defence Minister A K Antony said, "IAF has undertaken upgrades of MiG-21 and MiG-29 aircraft. Contracts have also been signed to upgrade MiG-29, Mirage-2000 and Jaguar aircraft."

Contract for upgrade of MiG-29 was signed with RAC MiG at a cost of USD 964 million and it is scheduled to be completed by 2016, he told the House.

For upgradation of Mirage-2000 aircraft, a contract has been signed with French firms Thales and Dassault Aviation at a cost of 1470 million Euros. Hindustan Aeronautics Limited (HAL) will also participate in the programme and a contract worth Rs 2020 crore has been signed with it also.

"All the aircraft (Mirage-2000) are scheduled to be upgraded by mid-2021," Antony said.

On upgradation of Jaguar aircraft, he said, "The contract has been signed with HAL at a cost of Rs 3113.02 crore and the aircraft are planned to be upgraded by December 2017."

The Defence Minister also said that IAF has prepared a Long Term Perspective Plan (LTPP) for procurement of aircraft and equipment in next 15 years (2012-2027).

"This plan lays down the roadmap for capability-building and enhancement of combat potential of the IAF," he said.

  

Also Read

First Published: Apr 30 2012 | 3:06 PM IST

Next Story