New Delhi: India today gave its approval for procurement of $1.8-billion worth of weapons and military equipment for its armed forces, focusing on buying domestic products worth $1.55 billion among them. The Defence Acquisition Council (DAC), chaired by Minister of Defence Rajnath Singh, accorded Acceptance of Necessity (AoN) […]
New Delhi: India today said it has put in place simplified procedures for guarantees of foreign banks submitted by defence contractors during tenders, to speed up military acquisitions. “The Acquisition Wing of (the) Ministry of Defence (MoD) has promulgated a Standard Operating Procedure (SOP) to facilitate clarity in […]
New Delhi: India today took a few key decisions that will speed up the way its defence acquisitions are done, including reducing the timelines by half. India’s Defence Secretary Dr Ajay Kumar tweeted the decisions, saying the acquisition wing of the Ministry of Defence (MoD) and the Indian […]
New Delhi: India‘s defence public sector Bharat Dynamics Limited today signed a $164-million (Rupees 1,188 crore) deal with the Ministry of Defence to supply 4,960 French-origin MILAN-2T Anti-Tank Guided Missiles to the Indian Army. The Acquisition Wing signed the contract for the repeat order of the missile, based […]
New Delhi: Dispelling all speculations and rumours in the corridors of the Ministry of Defence, India today appointed V. L. Kantha Rao, an Indian administrative service officer, as the next Director General (Acquisition) in the defence ministry. Rao was working as an Additional Secretary in the Department of […]
New Delhi: In a first for India, a domestic company today bagged a $56 million order to supply indigenously made hand grenades to the army, a major bid to go self-reliant and self-sufficient in this area of arms production. The Ministry of Defence‘s Acquisition Wing signed the Rs […]
By N. C. Bipindra New Delhi: In a major boost to the private sector, India‘s defence ministry today said it has signed a Rs 2,580-crore (slightly over $350 million) contract with Larsen and Toubro and Tata Power Company Limited, apart from a public sector enterprise, for the supply […]
(Editor’s Note: Updated on Aug. 10 at 4.15 pm with a government clarification at paragraph 16.) New Delhi: India, among the world’s largest arms importers, has taken the first step towards reducing its defence import footprint. In a first, India’s Ministry of Defence today came out with a […]
(Editor’s Note: Updated on July 21 at 3:00 pm with BEML statement on more details of the contract at paragraph eight.) New Delhi: India today (July 20) said it has signed a Rs 557-crore ($75-million) deal with a state-run enterprise for 1,512 mine ploughs for the army’s Russian-origin […]
By N. C. Bipindra New Delhi: In a strong message to rival China amidst a face-off along Ladakh border, India today decided to buy a 1,000-km range land attack cruise missile, a more potent technology than the locally-made ‘Nirbhay‘ cruise missile, to arm the Indian armed forces. The […]
(Editor’s Note: Updated with a copy of order at the end.) New Delhi: India today extended the time for deliveries from domestic defence contractors by four months in view of the extraordinary nationwide lock down due to the COVID-19 pandemic. Foreign vendors may approach the Indian Ministry of […]
New Delhi: India today placed an indent for supply of 156 upgraded BMP Infantry Combat Vehicles (ICVs) for Rs 1,094 crore ($145 million) on state-run ordnance factories, in what is seen as a boost to Prime Minister Narendra Modi‘s call for going ‘vocal for local‘ made-in-India military products. […]
New Delhi: India today signed a contract with Israel Weapon Industries for buying 16,479 of its ‘Negev‘ light machine guns, meeting a long-standing need to modernise standard issue weapons for its armed forces. “The Acquisition Wing of Ministry of Defence has signed the capital acquisition contract with Israel […]
New Delhi: India will soon buy 83 Tejas Mk1A Light Combat Aircraft (LCA) for its air force that will boost the sagging combat fleet numbers of its fighter jets and energise the depleting order book of the state-run aircraft maker Hindustan Aeronautics Limited (HAL). The proposal to buy […]
