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November 18, 2010

DRDO to invest Rs 1,000 crore in three key projects

Hyderabad, Nov 17 (PTI) Defence Research and Development Organisation (DRDO) will be investing around Rs 1,000 crore over the next five years in three key programmes at its facility here.

Investment will be made in three sanctioned programmes of the premier defence research agency, Director General of DRDO, V K Saraswat said.

"Around Rs 600 to Rs 650 crore will be spent on missile manufacturing augmentation, Rs 300-Rs 350 crore will be spent on hypersonic wind tunnel programme for testing scramjet engine, which will be six times faster than sound velocity, and the remaining will be invested on RF (radio frequency) testing centre," he said.

Saraswat was speaking to the media on the sidelines of announcement of 'Aviation Conclave' to be held from tomorrow.

The missile augmentation programme had been taken up in collaboration with another defence establishment, Bharat Dynamics Ltd, he said.

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