angeldemon_007
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This is something that has been debated by the IAF and the MoD, which have considered all options before making a decision to upgrade 51 Indian Mirage 2000 fighter jets to the -V standard. Since there is still a lack of clarity about the value of the upgrade contract, let me put down what best I know at this stage (the figure in the infographic below is a consolidated figure that includes the cost of weapons and infrastructure). The cost of upgrade contract is understood to be $2.7-billion. The cost of the weapons component is $700-million, and the cost of infrastructure between $500 too 600 million.
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