Monthly Archives: May 2017

Ease in Defence Export

The list of Military Stores requiring No Objection Certificate (‘NoC’) from the Ministry of Defence (‘MoD’) for import/export has been rescinded. The Munitions List has been further refined and elaborated to remove the existingambiguities and grey areas.Department of Defence Production (‘DDP’) would continue to be the licensing authority for Category 6 items, subject...

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Defence Acquisition Organization (DAO)

MoD plans to setup Defence Acquisition Organization (DAO) to provide a single point responsibility for acquisition of defence combat platforms, systems and equipment as per plans within the allocation of funds to make the military procurements more efficient and time bound.

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Industrial License for Defence Project

A new notification issued by  Home Ministry has empowered Department of Industrial Policy and Promotion (DIPP) to grant Industrial licences for military Arms, aircraft, warships, ammunition and armoured vehicles under "supervision and control" of MoD and MHA.http://economictimes.indiatimes.com/government-resolves-one-year-logjam-over-defence-manufacturing-by-private-companies/articleshowsp/58796952.cms?intenttarget=no&utm_source=newsletter&utm_medium=email&utm_campaign=IACC&type=iaccnewsletter

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HAL and BEL are Scouting for Defence Startups

HAL and BEL incubated Defence Innovation Fund (DIF), with Kitty of Rs 100 Crores is scouting for low-cost military grade innovations in technologies domains such as artificial intelligence, robotics, drones, advanced cyber security tools etc, from the SME segment. The initiative is to boost the start ups in the defence sector to minimize....

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IAI to Supply LRSAM

Israel Aerospace Industries (IAI) has got additional contract worth $630 million from the Indian Navy to supply of Barak 8 long-range surface-to-air missile system. The ‘Make-in-India’ project for which Bharat Electronics is the main contractor.

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Procurement of Underwater Vehicles

The Indian Navy has started the process to procure five remote-controlled portable underwater vessels worth $ 95 million to conduct explosive ordnance disposal operations in harbors and sea water up to 75 meters depth. The Navy prefers three variants of the underwater vessel (UWV) for the detection/inspection, combat and training role.  The UWV should be...

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