09
Thu, Oct

UK to supply India with missiles under $468m agreement

UK to supply India with missiles under $468m agreement

World Maritime
UK to supply India with missiles under $468m agreement

Starmer has over the last 12 months thrown his weight behind Britain’s defence sector to try to drive higher economic growth, pledging to up spending in line with NATO targets, as well as focusing on winning exports, such as a recent £10.2 billion  ($13.5 billion) frigate contract with Norway.

Britain also said on Thursday it reached a new milestone with India on a tie-up for electric-powered engines for naval ships as both countries signed the next phase of a deal, worth an initial £187 million  ($250 million).

(Reporting by Muvija M and Alistair Smout; Writing by Sarah Young; Editing by Michael Holden)

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