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Category Archives: News

India inks 162 defence contracts worth Rs 133093.29 Cr in last three years

In the last three years, India has signed 162 contracts worth Rs. 133093.29 Crores with Indian and foreign vendors for procurement of various defence equipment, including Ships, Missiles, Rockets, Simulators, Tanks, Guns, Aircrafts, Helicopters and Radars.  The 162 contracts include 95 contracts signed with Indian vendors and 67 with vendors from foreign countries...

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INS Arihant passes deep sea tests

Indigenously-built first nuclear powered submarine, INS Arihant, has passed several deep sea diving drills as well as weapons launch tests successfully and is now ready for full fledged operations. It is the first of five nuclear missile submarines or SSBNs planned for induction. The submarine is to be equipped with K 15 (or...

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DAC meeting 23 Feb 2016

In the latest Defence Acquisition Council (DAC) meeting, defence ministry on 23 Feb 16 has asked defence services to review their capital acquisition proposals and budgetary requirement for the next 10 years and also to project their requirements as per relevance. DAC has approved:
  • The issue of Letter of Intent for Mine Countermeasure Vessels for the...
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Kalyani Group & SAAB tied up for air defence program

Kalyani Group has tied up with Swedish defence major SAAB to form a joint venture firm for the Short Range Surface to Air Missile (SR-SAM) and Man-Portable Very Short-Range Air Defense (VSHORAD) programmes. If they win the contract, the production in India will comprise of subsystems and systems for SRSAM and VSHORAD with...

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BAE Systems to partner with Mahindra for M777 howitzers program

US firm BAE Systems has selected Mahindra as its business partner for the proposed in-country assembly, integration & test facility for the 145 M777A2 LW155 ultra lightweight howitzers under a Foreign Military Sale for the Indian Army. A domestic Assembly, Integration and Test facility will enable the Indian Army to access maintenance, spares...

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