What is the purpose of the Rs 470 crore contract signed between the Ministry of Defence and Ultra Dimensions Pvt Ltd?

A) To manufacture new naval aircraft for the Indian Navy

B) To modernize Naval Aircraft Yards at Goa and Kochi

C) To establish new Naval Aircraft Yards in Vishakhapatnam

Solution

The Ministry of Defence has signed a contract worth approximately Rs 470 crore with Ultra Dimensions Pvt. Ltd. (UDPL), Vishakhapatnam for the modernisation of Naval Aircraft Yards (NAYs) at Goa & Kochi. The NAYs undertake servicing/repairs of Naval Aircraft, Aero Engines, Rotables and Test Equipment at Goa and Kochi. The modernisation includes repair facilities with state-of-the-art automated machineries and Composite repair bays. This project will generate employment of more than 1.8 lakh man-days over a period of three years. The modernisation will augment operational readiness of Naval Aviation Platforms and reduce dependence on external agencies and foreign Original Equipment Manufacturers (OEMs) for repairs. In addition, the Ministry of Defence has also signed a contract with Mecon Ltd, Ranchi as Project Monitoring Consultant, at a cost of Rs 24 crore.