Rs. 48,000 crore contract for 83 LCA Mk.1As handed over to HAL
At inaugural of Aero India 2021, in the presence of Raksha Mantri Mr. Rajnath Singh, a milestone contract for 83 Light Combat Aircraft was handed over to Hindustan Aeronautics Limited (HAL). Earlier on 13th January 2021, the Cabinet Committee on Security under the Chairmanship of Prime Minister Mr. Narendra Modi had approved procurement of 73 Development and Infrastructure sanctions worth Rs. 1,202 Cr. The contract is valued at close to Rs. 48,000 crore. 3rd year and 16 aircraft per year for the subsequent 5 years.”