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Monthly Archives: May 2020

COVID-19 and Impact on Indian Defence Industry

The Covid-19 pandemic will push the Government to balance between economic stability, health care and geopolitical risk, and in the given environment, conservative spending in Defence is expected. The MoD needs to focus on realignment of needs...

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Changes in Defence Offsets and Their Implications

The DPP 2020 draft released by the Defence Ministry in March 2020 has recommended some newfangled offset guidelines. However, successful implementation of these proposed changes would require incorporating them along with the existing guidelines in a...

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Covid-19 and its Impact on Defence Expenditure

The outbreak of the Coronavirus presents an alarming human health crisis and has a significant commercial impact, thus, posing challenges necessitating focus on sectors like health and infrastructure and monetary measures to revive economy. As a fallout Defence...

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Draft DPP 2020- Changes in Procurement Provisions

The draft Defence Procurement Procedure (DPP)- 2020 has been released by the Defence Ministry that aims at further increasing indigenous manufacturing and reducing timelines for procurement of military hardware/equipment strengthening the defence preparedness of the country. The Article...

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HAL Production FY 2019-20

The Hindustan Aeronautics Limited recorded a turnover of over Rs 21,100 Crores for the financial year ended on March 31, 2020 recording a growth of around seven percent during 2019-20. During 2019-20, 31 new aircraft/helicopters and 117 new engines were produced and overhaul of 199 aircraft/helicopters and 490 engines were undertaken. HAL has...

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Defence Export

India’s export of military equipment increased from Rs 1521.86 Crores in FY 2016-17 to Rs 8,620.59 Crores in the last fiscal 2019-20. The increase is more than 5-and-half times while the target for FY 2020-21 is Rs 15,000 Crores, according to the data updated by DDP on April 14, 2020. Private sector companies...

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Defence Military Spending 2019-20

As per the report  on ‘Trends in World Military Expenditure, 2019’ by the SIPRI, the global military expenditure rose to $1917 Billion in 2019, almost 2.2% of the global Gross Domestic Product (GDP) representing an increase of 3.6% in annual growth as compared to 2018. The top five largest spenders — US -...

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FDI in Defence Industry Sector

FDI in Defence and Aerospace sector has not been up to the expectations. So far (i.e. till December, 2019), 79 Foreign companies, have invested over Rs. 3155 Crores.

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Misc Development News

  • Airbus Defence and Space has entered an agreement with the French Space Agency, Centre National d’EtudesSpatiales (CNES), to develop a thermal instrument for the TRISHNA satellite which will monitor climate change. 
  • Saab has completed the first air trials with its new fighter X-band AESA radar, which will be offered as a new addition to...
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HAL, Elbit Systems signs MoU

HAL signed a MoU with Elbit Systems for promoting and marketing the Digital Head up Displays (HUD) units. The MoU envisages extending cooperation for new HUD technologies and promote Digital HUD to the Indian Defence Services and other potential customers. The digital HUD would incorporate new features like Wide Instantaneous and Total Field...

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