India set to seal $3 billion Predator drone deal with US by current fiscal

India is set to seal a long-conceived proposal to procure 30 multi-mission armed Predator drones from the US for the three services at an estimated cost of over USD 3 billion (around Rs 22,000 crore), official sources said on Tuesday.
The proposal to acquire the MQ-9B long-endurance drones, armed with air-to-ground missiles, is likely to be cleared by the Defence Acquisition Council (DAC) in the next few weeks following which it will be placed before the PM-led Cabinet Committee on Security, they said.