Status
Each missile is expected to have starting costs below US$ 500,000, i.e. under 20 million, which is less than half the cost of similar Western missiles which usually cost between US$ 1.2-1.5 million ( 50-60 million) each. It is expected that this cost will further decrease due to the economies of scale achieved as production ramps up. The Indian military (IAF & IA) have a combined order worth 23,300 crore ($5.18 billion). On 24 May 2012, India successfully test fired Akash missile to revalidate technology and operational efficacy. On 1 June 2012, the Air Force version of the missile with a strike range of 25 km was successfully test fired from the Integrated Test Range at Chandipur.
Read more about this topic: Akash (missile)
Famous quotes containing the word status:
“At all events, as she, Ulster, cannot have the status quo, nothing remains for her but complete union or the most extreme form of Home Rule; that is, separation from both England and Ireland.”
—George Bernard Shaw (1856–1950)
“His Majesty’s Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.”
—A.J. (Arthur James)
“As a work of art it has the same status as a long conversation between two not very bright drunks.”
—Clive James (b. 1939)