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Monthly Archives: May 2015

Army likely to get indigenous MLRS

The Indian Army is all set to place an order to raise six new regiments of the indigenous Pinaka Multi-Launcher Rocket System (MLRS) — with a total of 108 launchers, however, the proposal is yet to be approved by the defence ministry. The worth of the deal is expected to be around Rs...

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Dhanush successfully clears field trials

India has achieved another milestone, as 155 mm, 45-calibre artillery gun called Dhanush has cleared its field trials successfully. After meeting all the parameters, this gun is ready for manufacture in numbers. The India’s Ordnance Factory Board (OFB) has built Dhanush from manufacturing blueprints that Swedish company Bofors supplied to India as part...

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Under utilization of defence budget

In the fiscal year 2014-15, the Defence Ministry has just utilised 87.21 percent of budget from the revised allocation of Rs 2,22,370 crore made in December. The Finance Ministry originally allocated Rs 2, 29,000 crore in his budget last July. In the year 2014-15, only Rs 5,402 crore out of the capital budget...

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Indian Navy’s 100 naval choppers contract

Indian is all set to scout for the supplier for 100 new-generation naval utility helicopters (NUH) to replace the obsolete Chetak helicopters in the Navy, under 'Make in India' project with foreign collaboration. The worth of the contract is expected to be over $2 billion. Eleven Indian private sector companies, including Tata Advanced...

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