$380 Million Investment In India's ICVs

$380 Million Investment In India's ICVs 11 July, 2017

India resolved on upgrading of 693 BMP-2/2K Sarath infantry combat vehicles (ICVs) to BMP-2M standard. India’s Ministry of Defence (MoD) has awarded a $371 million contract on 8 July to Bharat Electronics Limited (BEL) and the Ordnance Factory Board (OFB) for the upgrade work on the Indian Army's licence-built ICVs.

Under the contract, the vehicles will be equipped with thermal imaging sights for night-fighting capabilities as well as with modern integrated fire control systems.

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