Page 2 - Defence Procurement

DAC clears defence procurement worth Rs 13,700 cr for armed forces

The DAC also accorded three Acceptance of Necessities (AoNs) for an overall cost of Rs 13,700 crore, the Defence Ministry said in a statement

India offers $100 mn LoC to Mauritius to help procurement of defence assets

Mauritius is one of India's key maritime neighbours in the Indian Ocean Region and occupies a special place in the Prime Minister's vision of 'SAGAR'

Aero India 2021: Air Force looks to industry for indigenising spares

With this digitisation providing the IAF with a firm grip on its inventories, it has begun reducing reliance on foreign OEMs by launching a major programme of indigenising spares

Boeing gets US govt approval to offer F-15EX fighter jet to India

May join fray for IAF's acquisition of 114 medium fighters

US will have to keep in mind broad strategic ties with India: Navtej Sarna

Though Trump's policy on China is likely to continue, the sharp rhetoric will be missing, says Navtej Sarna, former ambassador to the US and high commissioner to the UK

Govt clears purchase of 83 indigenous Tejas light combat aircraft

India's largest indigenous defence procurement deal is worth Rs 45,696 cr

Israel's sales pitch to India: Our artillery gun to support 'Make in India'

Business Standard has reviewed the letter, which was signed last Tuesday by Brigadier General Yair Kulas, director of Sibat - the Israeli defence ministry agency in charge of defence exports

India's weapons procurement from the US jumps to $3.4 billion in 2020

India's weapons procurement from the United States jumped from meagre USD 6.2 million to a whopping USD 3.4-billion in the final year of the Donald Trump administration, according to official data. The jump in sale of American weapons to India comes at a time when sale of weapons from the US to other countries has dipped to USD 50.8 billion in 2020 from USD 55.7 billion 2019. In 2019, the sale of US weapons to foreign countries was USD 55.7 billion, according to data from the Defense Security Cooperation Agency (DSCA). In 2017, the sale of US weapons to other countries was USD 41.9 billion. According to the statistics released by the DSCA, major buyers of American weapons in 2020 were India (USD 3.4 billion up from USD 6.2 million in fiscal year 2019), Morocco (USD 4.5 billion up from USD 12.4 million), Poland (USD 4.7 billion up from USD 673 million), Singapore (USD 1.3 billion up from USD 137 million), Taiwan (USD 11.8 billion up from USD 876 million), and the United Arab Emirates

Amid face-off with China, Army ammo worth $190 mn languishes in Russia

Army has not carried out pre-despatch inspection (PDI) for the last seven months

Defence policy creates room for local players

The case for restricting imports and encouraging procurement from domestic sources is easy to make

Rajnath Singh launches 2 products indigenised by Bharat Dynamics Limited

The two indigenised products were virtually launched by the Defence Minister from Delhi in the presence of Chief of Defence Staff General Bipin Rawat

India will have strategic autonomy, says Mahindra Defence's S P Shukla

The move will give a boost to local manufacturing, be a huge employment generator and check currency imbalances, he said

DAC has given nod to procurement proposals totalling Rs 8,722 cr: MoD

Post-certification, 70 aircraft will be initially procured from HAL and another 36 after operationalisation of the HTT-40 fleet in the IAF

Import curbs on 101 defence items open big avenue for L&T, Bharat Forge

PSUs, such as BEL, are already seeing good order flows

Import ban on 101 defence items: Embargo formalises existing reality

The air force has for decades been building its fighter and trainer aircraft in India, with the recent exception of the Rafale

Atmanirbhar in defence

Dual goals can lead to compromise

Self-reliance in defence

Military must partner industry to create domestic solutions

MoD invites suggestions, comments on 'Defence Acquisition Procedure 2020'

The second draft of the Defence Procurement Procedure, titled as 'Defence Acquisition Procedure 2020', has been uploaded by the MoD inviting suggestions and comments from the various stakeholders

BEML to provide 1,512 mine ploughs for Indian Army's battle tank T-90

A mine plough is a device that helps tanks clear minefields.

Armed forces get special powers to buy weapons of up to Rs 300 crore

They said there was no cap on the number of procurement programmes and that each acquisition under the emergency requirement category should not cost more than Rs 300 crore.