A stock, also known as a share or equity
Israel's Defense Ministry has signed deals with the US to purchase a dozen Lockheed Martin-Sikorsky helicopters and two Boeing KC-46 refuelling planes, Israeli officials have said.
Instead, there might be off-the-shelf purchases of some of the Ka-226T military choppers as the Indian Air Force needs to make immediate replacements to its fleet of over 320 aging helicopters
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force. The long-pending procurement was cleared by the Cabinet Committee on Security two weeks back. "Contract signed between #MinistryOfDefence and @AirbusDefence &Space, Spain for procurement of 56 C-295 transport aircraft for the #IAF," Defence Ministry Spokesperson A Bharat Bhushan Babu tweeted. Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space within 48 months of signing the contract. The remaining 40 planes will be manufactured in India by a consortium of the Airbus Defence and Space and Tata Advanced Systems Limited (TASL) within 10 years of signing the contract, officials said. The C-295 MW aircraft is a transport plane of 5-10 tonne capacity. This is the first project of its kind in which a military aircraft will b
India's largest indigenous defence procurement deal is worth Rs 45,696 cr
Official sources said the boats are being procured for surveillance of Pangong lake as well as other water bodies in mountainous areas
Modi endorsed the new import embargoes from his own Twitter account
To be manufactured by the BAE Systems Land and Armaments, the proposed sale will improve India's capability to meet current and future threats from enemy weapon systems
The selection of a Russian partner would conform to India's 30-year submarine plan