India places $1.02 billion order for 118 locally developed Arjun tanks
Indian Army Arjun Mk-1A Main Battle Tank: In a big boost to Indian Army’s firepower, the ministry of defence Thursday placed a formal order with the government owned Ordnance Factory for procurement of 118 Arjun Mk-1A battle tanks, which have superior firepower, all-terrain mobility and night-fighting capabilities, among other features. The order is worth over $1.02 billion dollar (INR 75 billion).