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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   


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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   


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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   


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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…

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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   


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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   


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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…

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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…

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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…

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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   


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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 …

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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…

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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/…

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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