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2 mins read
DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report
The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals wo…
ANI
2 mins read
BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief
India to begin the export of ground systems for the BrahMos supersonic cruise missile in the next 1…
ANI
2 mins read
India approves defence acquisition projects worth Rs 2.23 lakh cr
The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be …
PTI
1 min read
Air-to-surface Missile and 12 Su-30 MKI fighter jets at a cost of around Rs 45,000 crore approved by DAC
"All these procurements will be made from Indian vendors under Buy (Indian-Indigenously Designed…
PTI
1 min read
Procurement of 26 Rafale jets for Navy approved
The DAC, which is the defence ministry's highest decision making body on procurement, also cleared …
PTI
4 mins read
Rajnath Singh releases India's new Defence Acquisition Procedure amid India-China border dispute
As tensions between India and China continue to simmer along the Line of Actual Control (LAC) in La…
1 min read
India to buy 26 Rafales, 3 Scorpene submarines from France, deals likely to be announced during PM Modi's visit
The proposals have been placed before the Defence Ministry by the defence forces and are likely to …
ANI
2 mins read
India is expecting to save ₹3000 crore in foreign exchange by stopping import of defence equipment components
The defence ministry on Wednesday notified a positive indigenisation list of sub-systems, assemb…
3 mins read
India's new defence policy proposes a cell to re-engineer armoured vehicles, submarines, fighter aircraft, helicopters and more
A Project Management Unit (PMU), with representation from the Services, would be set up t…
2 mins read
India amends FDI policy to prevent ‘opportunistic acquisitions’ of Indian companies by the Chinese
The revised policy states that the countries that share land borders with India can only invest …
2 mins read
Purchase of M777 ULHs and Naval Vessels to be discussed in the DAC Meeting on June 25
The June 25 meeting comes after a gap of several weeks. Asked why the delays in the meetings of DAC…
3 mins read
HAL's share price jumps 4% after India approves defence projects worth $1.2 billion
Hindustan Aeronautics Limited HAL share price jumps by over 4% after India approves another $1.2 bi…
3 mins read
Cyient subsidiary files draft papers with SEBI for IPO worth ₹740 crore
Electronic manufacturing services and solutions provider Cyient DLM filed its draft red herring pro…
1 min read
Defence Ministry introduces changes in policy to attract more foreign players!!!
As per the new policy, which covers all defence contracts with offset obligations, the ministry sug…
1 min read
UKIBC launches Aerospace and Defence Industry Group
New Delhi, Nov 29 () The UK India Business Council (UKIBC) on Friday announced the establishment of…
PTI
3 mins read
India’s ready to spend on defence — just not on modernisation
India’s is modest when it comes to spending on defence. This year’s budget allocation of ₹4.3 lakh …
3 mins read
The budget is unlikely to give more money for equipment, but the Armed Forces still want expensive imports over domestic products
At the end of the day, they are left with no option but to import weapons and equipment. T…
1 min read
Govt extends delivery period of all capital acquisition contracts in view of COVID-19
In case of foreign vendors, the official said they can approach the Defence Ministry, which may con…
PTI
1 min read
Rs 1600 crore deal tops the agenda of defence acquisition council meeting
The meeting is underway in South Block and a final approval to making successor guns for the L70/…
2 mins read
India rushes to buy fighters amid border standoff with China
Amid the tense situation at the border with China, Defence Minister Rajnath Singh on Thursday appro…