India | Written by Sudhi Ranjan Sen | Sunday October 26, 2014
The Defence Acquisition Council of India on Saturday cleared defence deals worth Rs 80,000 crore. The deal includes the acquisition of six conventional submarines to augment the aging and depleted submarine fleet and two midget submarines -- also kno...
India | Press Trust of India | Sunday July 20, 2014
Pressing ahead with its policy to promote the domestic production and research of military equipment, the government on Saturday cleared procurement proposals worth over Rs 21,000 crore. It also cleared a project for the production of transport aircr...
India | Written by Sudhi Ranjan Sen | Saturday July 19, 2014
In the first meeting of the Defence Acquisition Council after the BJP-led government came to power, Defence Minister Arun Jaitley today ended the monopoly of the public sector over aircraft production.
World | Agence France-Presse | Tuesday July 1, 2014
South Korea said Tuesday it is considering offers from plane giants Airbus and Boeing as well as Israel Aerospace Industries (IAI) to provide air refuelling tankers in a deal estimated to be worth $1.38 billion.
World | Press Trust of India | Tuesday May 20, 2014
Pakistan defence ministry has sought more allocation for its armed forces for acquisition and mobilisation of new weapon system, ahead of the next budget that will be announced in the first week of June.
India | Agence France-Presse | Wednesday October 30, 2013
Defence minister AK Antony played down on Wednesday the prospects of a speedy conclusion to contract negotiations with France's Dassault Aviation for the acquisition of 126 Rafale fighter jets.
Tuesday October 1, 2013
Since its acquisition, DTE has not only weathered the downturn of 2008-2009, it has also seen consistent and profitable growth since through a combination of operational efficiency, new customer capture, and focus on adjacent sectors such as construc...
World | Reuters | Wednesday June 4, 2014
Japan should strengthen the ability of its military to deter and counter missile attacks, including the possible acquisition of the ability to hit enemy bases, the Defence Ministry said, but officials denied this would be used for pre-emptive strikes...
India | Press Trust of India | Thursday July 25, 2013
The Defence Ministry on Wednesday cleared acquisition proposals worth around Rs 4,000 crore for armed forces, including procurement of French-origin Milan 2T anti-tank missiles for the Army to do away with shortage of such weapons in the force.
India | Agence France-Presse | Saturday June 1, 2013
India's military, one of the world's largest weapons buyers, unveiled a new arms acquisition policy on Saturday, aimed at weeding out corruption in the defence sector.
India | Press Trust of India | Sunday April 14, 2013
Seeking to avoid allegations of favouritism and scams in acquisitions, the Defence Ministry is planning to put an end to single-vendor tenders and is expected to issue directions to the Services headquarters soon in this regard.
India | Reported by Sudhi Ranjan Sen; edited by Mala Das (with inputs from Reuters) | Tuesday April 2, 2013
The government today deferred a decision on a deal to buy 197 light-utility helicopters pending completion of an investigation into kickback allegations, the latest setback to efforts to upgrade the country's ageing arsenal. The decision was taken at...
India | NDTV.com | Thursday February 14, 2013
The Defence Ministry will write to AgustaWestland to enquire if it paid bribes to Indian officials to land a Rs 4,000-crore deal for 12 VVIP helicopters in 2010.
Oineetom Ojah Sinha | Thursday July 5, 2012
Rural ministry has rejected the Standing Committee's suggestion that government should not acquire land for PPP projects.
India | Press Trust of India | Friday June 22, 2012
The Defence Ministry today cleared several acquisition projects of the armed forces worth over Rs 20,000 crore including regiments of Quick Reaction Surface to Air Missiles (QRSAMs) for the Army.
India | Indo-Asian News Service | Friday May 11, 2012
The Indian Army got a shot in the arm today with the defence ministry clearing its long-pending $660 million (Rs.3,000 crore) proposal to buy 145 ultra-light howitzer guns to add teeth to its ageing inventory.
India | Reported by Sunil Prabhu | Monday April 2, 2012
After two important meetings, both attended by Army chief General VK Singh, Defence Minister AK Antony has asked the Army to streamline its acquisition process and has favoured more financial powers to the three services if it can lead to speedier ac...