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AMMUNITION SUPPLY CONTRACT
CBI arrests Munitions India Limited official, SMPP CEO in defence leaks-for-money caseThe CBI has arrested Anil Kumar, Munitions India Limited executive director, and SMPP CEO Ashish Kansal. They are charged with accepting br...- Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons whyMotilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects ...
- Solar's $1.3 bn bet is a turn for India's defence-industrial complexThe piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defen...
- Adani emerges key Russia defence partner in India; HAL, Bharat Dynamics on boardAdani Defence is partnering with Russian manufacturers for advanced air defence systems. This collaboration focuses on co-production of wea...
- Adani Defence signs ammunition supply pact for India-made AK-203 assault riflesAdani Defence & Aerospace has signed a five-year agreement with Indo-Russian Rifles Pvt Ltd to supply India-made 7.62x39 mm ammunition for ...
- Adani Defence signs 5-year deal to power India-Russia AK-203 rifle programme with indigenous ammunitionAdani Defence and Indo-Russian Rifles signed a five-year agreement. This pact will supply indigenously produced ammunition for AK-203 rifle...
- An Indian firm caught in arms scandal that toppled Estonian defence ministerAn Indian company faces a European arms supply scandal involving Estonia. Datasel SRL, owned by Nagpur-based Neco Group, is accused of cont...
- Indian Army begins Arjun tank overhaul after 6-year delay, 26 upgrades in focusIndia’s armoured warfare upgrade is moving on two tracks, with the Army testing 26 Mk-1A-derived improvements on its older Arjun tanks whil...
- Chemical sector: Although long, there is a way around China trouble; combine 20 stocks to get your portfolio’s chemistry rightFor the chemicals sector, it all depends on a transformation that is still unfolding and will take years to play out. Backward-integration ...
- Sigma Advanced Systems bags Rs 1,013 crore export order for 155mm artillery shell bodiesSigma Advanced Systems secured a significant export order valued at over one thousand crore rupees. This contract involves manufacturing an...
- NATO signs 1.1 billion euro contract for 155mm artillery ammunitionNATO signed a 1.1 billion euro ($1.2 billion) contract for 155mm artillery rounds, addressing ammunition shortages in Ukraine. The war in U...
- Defence ministry inks over Rs 5,300 cr deal with Bharat Electronics LtdThe Indian Defence Ministry has signed a contract worth over Rs 5,300 crore with state-run Bharat Electronics Ltd (BEL) for the procurement...
- Cash-strapped Pakistan sold weapons worth USD 364 million to Ukraine: ReportIn a recent development, Pakistan has reportedly earned USD 364 million in an arms deal with two private US companies, "Global Military" an...
- Arming Armenia: India to export missiles, rockets and ammunitionWhile the value of the contracts has not been revealed, it is estimated that weapons worth over Rs 2,000 crore will be supplied to the coun...
- Defence Ministry asks CPWD to expedite the construction of four crucial defence manufacturing hubsUsually the projects are undertaken through the Military Engineering Service (MES) but AFK had decided to carry the revamp work through CPW...
- In a first for private sector, Defence Ministry places order for 10 lakh hand grenadesThese new grenades will be supplied to the army and air force to replace Grenade No 36 – a World War II vintage design – that is currently ...
- Army stocking up munitions for 40-day warDefence ministry sources say all the different types of ammunition for the Army will be built up to “10(I) levels”, which mean adequate sto...
- Armed forces fully equipped to deal with contingencies: Arun JaitleyLast week, the CAG had slammed the Ordnance Factory Board (OFB) for critical deficiency in availability of ammunition to the Army.
- Government clears local manufacturing of 8 types of AmmunitionThe ministry said the aim of the decision is to facilitate development of indigenous capacity, reduce import dependence and develop a robus...
- Defence Ministry eyes Russia to overcome tank ammunition shortageFacing a critical shortage of ammunition for Army's fleet of T-90 and T-72 tanks, the Defence Ministry is now looking to procure these shel...
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