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:
“screenwriter
Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.”
—David Mamet (b. 1947)
“A genuine Left doesnt consider anyones suffering irrelevant or titillating; nor does it function as a microcosm of capitalist economy, with men competing for power and status at the top, and women doing all the work at the bottom.... Goodbye to all that.”
—Robin Morgan (b. 1941)
“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 (18561950)