New Delhi: Facing a challenge in Ladakh from China since May last, India will arm its defence forces be spending an additional $3 billion (Rs 21,000 crore) this fiscal ending Mar. 2021 to boost capabilities and plug gaps in weapons and military equipment. For the same reason, and […]
By N. C. Bipindra New Delhi: In a significant business opportunity for local companies in the beginning of a new year, India today approved the $6.5-billion locally-made combat jets procurement for the air force, boosting the aerospace and defence industry that has been fighting hard against COVID-induced negative […]
New Delhi: State-run Bharat Electronics Limited (BEL) today signed a contract with the Indian Navy for initially supplying 20 Light Amplification by Stimulated Emission of Radiation Dazzlers (Laser Dazzlers). The BEL had earlier this month won the contract beating global Original Equipment Manufacturers (OEMs) in ‘Buy Global‘ category. […]
New Delhi: The Indian Army has selected city-based OshoCorp Global Private Limited, among several other companies, for developing and likely supply of 85,000 125mm specialised ammunition for its main battle tanks under an industry-funded project. This deal, when awarded to one of the competing companies, will be worth […]
New Delhi/Hazira: India’s Larsen & Toubro today delivered the 81st K-9 VAJRA-T howitzer to the Indian Army, in a clear indication that the 2017 order will be completed well within the 42-month schedule, providing for the delays permitted under the Force Majeure clause due to COVID-19 pandemic. The […]
(Editor’s Note: The first two paragraphs have been amended to reflect that it is not a final award, but initial sanction for an industry-funded project, and that several other companies too have got the sanction apart from OshoCorp Global.) New Delhi: India has sanctioned a $180-million project to […]
New Delhi: Dispelling all speculations and rumours in the corridors of the Ministry of Defence, India today appointed V. L. Kantha Rao, an Indian administrative service officer, as the next Director General (Acquisition) in the defence ministry. Rao was working as an Additional Secretary in the Department of […]
By Ayaskant Das New Delhi: The Narendra Modi government’s decision to offload up to 15 per cent of its share in Hindustan Aeronautics Limited (HAL) has met with opposition from employees of India’s lone, state-run aircraft manufacturer. But industry veterans feel a gradual disinvestment of the nation’s aerospace […]
New Delhi: India and the United States today said they will sign a geospatial cooperation agreement tomomrrow that enables sharing of critical satellite communications and data to improve their military interoperability. A statement released by India’s Ministry of Defence after a delegation meeting between Minister of Defence Rajnath […]
New Delhi: India is ready to sign a key geospatial cooperation agreement with the United States later this month that will firmly set their strategic relationship in the Indo-Pacific region, where both are threatened by a common rival in China. India is likely to put a seal of […]
(Editor’s Note: Updated at 9 am today with expert opinions on the defence export trend all over the article.) New Delhi: India could achieve just about 25 per cent of its $2-billion defence export target in the first six months of this fiscal that began Apr. 2020, hit […]
New Delhi: India today notified its Directorate General of Shipping as the national authority for recycling of ships under a year-old law that governs this key environment polluting activity. The National Authority of Ship Recycling will be set up in Gandhinagar, Gujarat. The notification was issued in this […]
New Delhi: After dithering for nearly three years on the fate of a Rs. 20,000 crore ($2.65 billion) programme for building four amphibious warships for the navy, India has retracted the tender issued in 2013, deciding to rewrite the project requirements to meet the modern threat perceptions and […]
New Delhi: India‘s lone submarine builder had a dream-like debut on the stock market today, finishing the opening trading day at Rs 173, a cool 19 per cent above its Initial Public Offering (IPO) price of Rs 145, strongly aided by its above par financial performance over the […]
India Aerospace & Defence Daynote: Oct. 3, 2020 WHAT TO WATCH India Prime Minister Narendra Modi to open Atal Tunnel in Himachal Pradesh, to provide all-weather connectivity to army and civilians in the region.Oct. 3, 2020. 10 AM India Time. India Defence Minister Rajnath Singh in Manali, visiting […]