Government of India has signed contract with M/s Boeing USA and Letter of Agreement (LOA) with US Government on 28th September, 2015 for purchase of Apache Attack Helicopters. A contract with M/s Boeing, USA has also been signed on 28th September, 2015 for purchase of Chinook heavy lift helicopters.
Defence equipment are imported as per the operational requirements of the Armed Forces. However, actual cash outgo depends on delivery of equipment / reaching of laid down milestones before release of funds. India procures defence equipment under capital acquisition from various countries, the major sources being Russia, USA, Israel and France. During the last three years i.e. 2012-13 to 2014-15 contracts and Letter of Agreement (LOA) worth Rs. 7285.72 crores have been signed with vendors from USA and the US Government.
This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Kirti Vardhan Singh in Lok Sabha
Defence equipment are imported as per the operational requirements of the Armed Forces. However, actual cash outgo depends on delivery of equipment / reaching of laid down milestones before release of funds. India procures defence equipment under capital acquisition from various countries, the major sources being Russia, USA, Israel and France. During the last three years i.e. 2012-13 to 2014-15 contracts and Letter of Agreement (LOA) worth Rs. 7285.72 crores have been signed with vendors from USA and the US Government.
This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Kirti Vardhan Singh in Lok Sabha