India to buy supersonic missiles in Rs 3000 crore arms spending

New Delhi: India will buy locally-manufactured BrahMos supersonic missiles as a part of its Rs 3,000 crore ($431 million) defence-spending plan. A panel chaired by defence minister Nirmala Sitharaman also approved buying armoured recovery vehicles, or ARVs, for its battle tanks, according to a statement from the ministry. BrahMos will be procured for two navy ships that will be built in Russia, while local firm BEML Ltd. will produce the ARVs, the ministry said. Source: Livemint