NEW DELHI: India is now set to ink another two arms deals with the US for Excalibur precision strike artillery munitions and man-portable Javelin anti-tank missiles worth $93 million (Rs 826 crore), even as the two countries try to work out a trade deal that would address the hefty 50% tariffs imposed by the Trump administration on Indian goods. The two new deals come soon after India earlier this month signed the over $1 billion (Rs 8,900 crore) contract with US major General Electric for another 113 GE-F404 engines to power the indigenous Tejas Mark-1A fighters. However, another major deal for India to acquire six more advanced P-8I long-range maritime patrol and submarine-hunting aircraft – Navy already has 12 such planes bought for over $3.2 billion – is still stuck in negoti
US approves sale of Javelin anti-tank missiles & Excalibur munitions to India
The Times of India1 hrs ago
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