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DEFENSE ACQUISITION PROCEDURE
Ahead of Modi's visit, India and Israel sign another MoU deepening defence tiesIndia-Israel defence ties: The International Defence Cooperation Directorate (SIBAT) within Israel's Ministry of Defense (IMOD) have facili...- India's expanding defense market signals strong growth potential: Goldman SachsIndia's aerospace and defense market is poised for significant expansion, with recent government approvals reinforcing a larger Total Addre...
- Govt likely to recognise foreign defence companies’ local arms as 'Indian'The government may allow wholly owned local subsidiaries of foreign defence manufacturers to qualify as “Indian vendors” in defence procure...
- India-US to conclude USD 1 bn deal by October: HAL Chairman on 113 GE-404 engine dealIndia is set to finalize a major deal with General Electric for fighter jet engines. The agreement is expected by October. Hindustan Aerona...
- India to sign four major defence deals worth over ₹1.5 lakh croreIndia plans to finalize four significant defense agreements worth over ₹1.5 lakh crore before March 31st. These include the purchase of Raf...
- Rajnath Singh readies plan to streamline procurement, promote partnershipsThe defence ministry of India is planning reforms for 2025. The goals include streamlined procurement, better service integration, and incr...
- Mazagon Dock, GRSE shares fall up to 4% on $6 billion setback. Details hereShares of Mazagon Dock Shipbuilders and Garden Reach Shipbuilders & Engineers (GRSE) declined by up to 4.3% on Friday following a setback i...
- India’s ambitious $6 billion submarine building plan stalls after sea testsIndia's ambitious $6 billion submarine project faces a year-long delay due to contractor complaints about sea trials. The project, crucial ...
- EEPC India’s MSME defense week kicks offThe four-day event organised by EEPC India will witness the participation of over 25 speakers across 8 dedicated sessions.
- High-tech warships, next-gen tanks: Indian Army and Navy to get Rs 1.2 lakh crore firepower to combat ChinaThe government is preparing to approve significant defence projects worth Rs 1.2 lakh crore, including the construction of seven advanced w...
- R-Day 2024: From first twin seater Tejas to record increase in defence capital budget: India's 'Atmanirbharta in Defence'Numerous projects for modernisation and increasing the lethality of the Armed Forces to include procurements of 26 Rafale marine Aircrafts,...
- As interest grows in BrahMos missile systems, here's why it is the future of defence capabilitiesArgentina's interest in acquiring cruise missiles, specifically the BrahMos system, reflects its commitment to modernizing its defense infr...
- India, Philippines to upgrade defence partnership; boost maritime securityThe decisions were taken during the fifth meeting of the joint commission on bilateral cooperation co-chaired by external affairs minister ...
- Government approves military modernization projects worth Rs 76,000 croreDefence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, gave the capital acquisition proposals of the armed forces ...
- Government's military purchases remain a pipe dream for Lockheed, SaabIndia’s inability to speed up the modernization of its weaponry to guard the border with arch rivals Pakistan and China shows the Modi govt...
- Tech Mahindra and Israel Aerospace Industries subsidiary ELTA Systems announce partnershipTech Mahindra and ELTA Systems, a subsidiary of IAI have partnered to provide cyber solutions and services to government and enterprise cus...
- Mindset of suspicion in Defence Ministry needs to be removed: Manohar Parrikar"The assumption that doing something correct will compromise the transparency is not correct," Manohar Parrikar said.
- Mindset of suspicion in Defence Ministry needs to be removed: Manohar ParrikarHe also said this kind of mindset has probably damaged Indian defense and the country's strategic industry very much and added that in the ...
- Unsustainable tax demand would only earn bad name: FM Arun JaitleyJaitley's comments come in the wake of Bombay High Court order earlier this week wherein Income-Tax Department lost its Rs 18,000-crore tra...
- Defence funds remain unspent under shadow of past scamsModernisation of the armed forces suffered as Rs 21,000 crore remained unspent in the past five years with procurement deals slowed down by...
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