Mazagon Dock Shipbuilders Limited (MDL) plans to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC for US$52.96 million, marking India’s first major international acquisition in maritime. This strategic move enhances India’s presence in the Indian Ocean, addresses financial challenges at Colombo Dockyard, and counters China’s influence in the region.
By A Correspondent New Delhi: India‘s Ministry of Defence (MoD) has signed contracts with state-run Armoured Vehicle Nigam Limited for the procurement of Nag Missile System (NAMIS) tracked version of anti-tank weapon platforms and Force Motors Limited and Mahindra & Mahindra Limited for around 5,000 light vehicles for […]
By N. C. Bipindra New Delhi: In pursuance of Prime Minister Narendra Modi-led government’s vision of ‘Viksit Bharat @ 2047’’ (Developed India by 2047) with technologically advanced and ‘Aatmanirbhar’ (Self-Reliant) armed forces, India’s budget for 2025-26 fiscal has provisioned Rs. 6,81,210.27 crore (~US$79 billion) to the Ministry of […]
Lohia Aerospace Systems Chief Executive Officer Anurag Lohia, in this written interview with Defence.Capital editor N. C. Bipindra, says that the company is focused on organic scaling up of composites manufacturing, and has no further acquisition plans anytime soon. Ques. What prompted the Lohia Group to venture into […]
New Delhi: India today said it has signed a $56-million contract with the United States to buy torpedo and missile counter-measures for its navy’s P-8I long range maritime surveillance aircraft from the Boeing Co. stable. The Rs 423-crore procurement of the MK 54 Torpedo from American defence firm […]
New Delhi: Acquisition of new technologies and promotion of indigenisation will be the key result areas of Air Chief Marshal Vivek Ram Chaudhari, a fighter pilot, who took over as the Indian Air Force (IAF) chief today from Air Chief Marshal Rakesh Kumar Bhadauria, who retired from service. […]
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) […]
By N. C. Bipindra New Delhi: In a game-changer decision for the defence sector, India today signed a contract, worth $3 billion, for 56 Airbus C295MW aircraft with troops and military equipment carrying capability, to replace an ageing fleet of HS748 Avro planes for the air force. The Ministry of Defence‘s […]
New Delhi: In a key impact of Defence.Capital‘s efforts, India’s defence ministry today announced that it has adopted a policy framework for synergised use of simulators by the four armed forces for their training solutions. “The Ministry of Defence (MoD) has promulgated the framework for enhanced and synergised […]
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: The Indo-American joint venture, Tata Lockheed Martin Aerostructures Limited (TLMAL), has recently delivered the 150th C-130J Super Hercules empennage from its manufacturing facility located at Adibatla in Hyderabad, marking a key milestone in the partnership that has contributed significantly to the Indian aerospace industry. The delivery […]
New Delhi: India has cleared a $1.5-billion proposal to build airborne warning and control systems for the air force taking over six Airbus A321 passenger aircraft off the national carrier Air India, to act as the ‘eyes in the sky’ to keep a watch on military movement in […]
(Editor’s Note: Updated with India’s Minister of Defence Rajnath Singh’s remarks on likely value of contract in paragraph two at 12.30 pm on Sep. 9, and with Airbus statement in paragraph eight and a backgrounder from paragraph 20 at 10 pm on Sep. 8.) By N. C. Bipindra […]
New Delhi: Nearly nine months after it demonstrated the swarm drones concept during the Army Day parade here on Jan. 15, a Bengaluru-based startup has bagged a $15-million order to supply 100 units of the system earlier this week. This is the first such purchase for swarm drone […]
New Delhi: India‘s air force has placed a $21.2-million order on a domestic Small and Medium Enterprise for a counter-drone system that uses means other than a ‘hard kill’ to destroy hostile unmanned objects. The contract, worth Rs 155 crore, was signed earlier this week between Indian Air […]
