C-295 MW aircraft                                                

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Context: The Defence Ministry inked a nearly ₹20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft.

• This is the first project of its kind in which a military aircraft will be manufactured in India by a private company.

More about news:

• It will replace the Avro-748 planes of the Indian Air Force.
• Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space within 48 months of signing the contract.
• The remaining 40 planes will be manufactured in India by a consortium of the Airbus Defence and Space and Tata Advanced Systems Limited (TASL) within 10 years of signing the contract.

About C-295 MW aircraft

• It is a transport plane of 5-10 tonne
• All 56 aircraft will be installed with indigenous electronic warfare suite.

https://www.thehindu.com/news/national/government-seals-mega-deal-with-airbus-for-purchase-of-56-c-295-military-transport-aircraft/article36644148.ece