Armed forces sealed Rs 23.5k cr deals in last 1yr amid LAC row

The Indian armed forces have signed contracts worth approximately Rs 23,500 crore for emergency capital procurements in the past year to address operational gaps amid the ongoing military confrontation with China in Ladakh. The procurements include missiles, weapons, munitions, drones, communication systems, surveillance equipment, and vehicles. The Army alone has secured over 70 capital acquisition deals, while the Air Force and Navy have signed 65 and 35 contracts respectively.