Hyderabad: Defence research agency DRDO
will be investing around Rs 1,000 crore on missile
manufacturing augmentation and other two key programmes at its
facility here over the next five years.
Investment will be made in three sanctioned programmes
of Defence Research and Development Organisation (DRDO), its
Director General 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 radio
frequency testing centre," he told reporters yesterday.
The missile augmentation programme had been taken up
in collaboration with another defence establishment, Bharat
Dynamics Ltd, he said.
To a question on the Regional Transport Aircraft
(RTA-70) programme --the country's first-ever effort to develop
a 70-110 seat aircraft for the civil aviation market, he said
the project report will be completed by 2011.
"This will a public-private-partnership and
international aviation giants like Bombardier and GE Aviation
have also evinced interest in the project."
The RTA-70 is aimed at building planes for carrying
passengers on short-haul flights.
PTI
First Published: Thursday, November 18, 2010, 11:03