M777 deal a major step forward, says US envoy

Image
IANS New Delhi
Last Updated : Dec 01 2016 | 4:23 PM IST

United States Ambassador to India Richard Verma on Thursday called the M777 artillery deal as a major step forward in the US-India defence relationship.

"As major defence partners, the United States and India remain committed to enhancing military modernisation efforts and building a security partnership based on trust, transparency and shared interests," Ambassador Verma said in a statement on the M777 agreement.

"Indian industry will partner with the US defence subsidiary of BAE Systems to locally assemble, integrate and test the howitzers, supporting Prime Minister Modi's Make-in-India campaign," he said.

Out of 145 guns, BAE will deliver 25 guns and the rest 120 will be assembled in India by Mahindra.

India on Wednesday signed Letter of Agreement and Acceptance (LOA) with the US to purchase 145 M777 ultra-light artillery guns through the foreign military sale (FMS) route.

The 155mm/39 calibre gun, with maximum range of 30 km, is manufactured by the BAE Systems and can be transported through helicopter or aircraft.

The ultra light howitzer is being purchased primarily to deploy on mountains in eastern China border. This will provide the much-needed fire power to the Indian Army in the mountains.

"This deal marks a major step forward in the US-India defence relationship and supports jobs in both our countries," Verma was quoted as saying in the statement.

--IANS

rs/nir

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2016 | 4:08 PM IST

Next Story