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flag India awards $1.2B contract for indigenous missile systems to boost defense by 2028.

flag A new defense contract has been awarded in India for the development of advanced missile systems, with the project expected to enhance the country’s strategic defense capabilities. flag The initiative, backed by the Indian Ministry of Defence, involves collaboration between public and private aerospace firms. flag The contract, valued at over $1.2 billion, focuses on indigenous production of next-generation interceptors and includes technology transfer to strengthen domestic manufacturing. flag The project is set to begin immediately, with key milestones targeted for completion by 2028.

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