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Monthly Archives: October 2019

IAI to provide missile systems to IN

Israel Aerospace Industries (IAI) has signed a USD 50 Million follow-up deal with Indian Navy to provide complementary Naval Medium Range Surface-To-Air Missile (MRSAM) air defence missile systems to the Navy and MDL Shipyard. The agreement involves a range of maintenance and other services for sub-systems MRSAM air defence system.

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Naval Utility Helicopters (NUH)

Rs 21000 Crores project for 111 Naval Utility Helicopters under the Strategic Partnership had invited Indian Private Sector companies for participation. However, HAL has put in two bids for the project – one through the parent PSU and another through its joint venture company with Russian Helicopters, despite the clear guidelines only private...

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Indo-Russian defence co-operation & procurements in pipeline

The Prime Minister Narendra Modi during his two days visit to Russia stressed on a slew of “Make in India” contracts to ensure with technology from Russia coupled with Indian low production cost to build weaponry and spare parts for Russian origin military equipment cost competitively in  partnership for own requirement and export.

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Progress on Main Capital Acquisitions

Mr Apurva Chandra, Director General (DG) Acquisition in the Defence Ministry during a seminar highlighted the progress in main procurement cases as under:-

  • Procurement of additional Akash surface-to-air missiles (SAM) worth Rs. 5500 crore, had also been cleared by the Union Cabinet and it would be signed soon with Bharat Electronics.
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France to offer Nuclear Subs, F21 Torpedoes to India

France is keen to offer partnership in designing and building six nuclear-powered attack submarines (SSN) at an approximate cost of over Rs 100000 Crores in India. France’s Naval Group is currently building the Barracuda class SSNs for the French Navy. So far, the only two SSNs operated by India were acquired on lease...

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India to buy additional P8Is Aircrafts

India is set to go ahead with procurement of 10 Boeing P8I maritime patrol aircraft worth USD 3.10 Billion from US through Foreign Military Sales (FMS) route with 30% offsets. 12 P8I aircraft that have already been ordered - eight aircraft were ordered under a USD 2.10 Billion deal in 2009 and a...

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IN likely to buy Sea Guardian Drones

Indian Navy (IN) is likely to go for limited purchase option of 10 Sea Guardian Surveillance Drones that are interoperable with other US assets in the region. The activation of the Communications Compatibility and Security Agreement (COMCASA) will help the navy exploit the platforms for joint surveillance and intelligence sharing. The surveillance drones...

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Transport aircraft for IAF

Airbus is very close to finalizing order for 56 C295 transport aircraft worth approx USD 1.7 Billion for the Indian Air Force (IAF). Out of these, 16 aircrafts will be produced by Airbus in about one year and the balance will be assembled by a TATA Airbus joint venture. The platform will replace...

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Bids for SP in Project-75I

The bids from Indian shipyards for the P 75I project for the Indian Navy worth Rs 45000 Crores have been received from Larsen and Toubro (L&T), Mazagon Dock Shipbuilders Ltd (MDL), Reliance Naval, Hindustan Shipyard (HSL) besides Adani Group. The Adani Group does not currently own an shipyard, there is speculation that the...

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Modernisation of Armed Forces

The Government will spend USD 130 billion in the next 5-7 years for modernisation of the Army, Navy and the Air Force, under which a range of critical weapons, missiles, fighter jets, submarines and warships. Indian Army main requirement includes Infantry modernisation, 2,600 Infantry Combat Vehicles and 1,700 Future Ready Combat Vehicles. Navy...

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