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Precision-guided missiles matter more than ever
The Long Range Anti-Ship Hypersonic Missile is specifically designed to strike enemy ships, combining high speed with precision to engage targets far from India's coastline
Zelenskyy further emphasised Ukraine's top priority is to equip its defence forces with long-range capabilities to prevent Russia's terror attacks
The Harpoon missile system acquisition is expected to cost around USD 80 million to the Indian Navy under a foreign military sales route
Margins for state-owned firm that specialises in missiles would be range bound given higher raw material costs
The joint venture, with a 50.5% Indian and 49.5% Russian partnership, fits into PM Modi's flagship make-in-India programme
To be lethal against warships and shore targets at 400 km; deal value Rs 1,700 crore
With the hurdle of cost negotiations crossed, only the Cabinet's concurrence remains for the deal to be ready for signing
