Monthly Archives: April 2019

Israel Aerospace Industries (IAI) has entered in follow-up agreements worth $93 million for services related to Naval Medium Range Surface-to-Air Missile (MRSAM) systems. IAI will provide complementary systems for the air defence system (ADS), and a range of maintenance and other services for various sub-systems. The contracts entered with the Indian Navy and Cochin Shipyard...

The Services HQ now can procure weapons and military hardware with enhanced financial powers of the three Vice Chiefs from Rs. 100 crore to Rs. 500 crore for specific procurement arms and ammunition, to enhance their operational preparedness.  Govt. has also relaxed certain rules to cut delays in military purchase like permitting purchase from a...

Negotiations for the procurement of C-295 transport aircraft from a sole bid by Airbus and Tata,   to replace the aging 56 Avro transport aircraft for Indian Air Force (IAF) has been completed. Under the deal, 16 will be built by a foreign Original Equipment Manufacturer (OEM) Airbus and the remaining 40 to be built in...

The Cabinet Committee on Security approved the purchase of 464 Tanks T-90MS for $1.92 billion. These will be produced in Heavy Vehicles Factory under license from the Russia Uralvagonzavod. The Army has so far inducted 1,100 T-90 tanks, of which 300 have been directly imported from Russia and balance T-90 tanks fully assembled in Heavy...

The Elbit-Bharat Forge bid ATHOS 2052, has won the Indian Army’s 155 mm, 52 calibers towed artillery gun competition. While the requirement is for 1,580 towed guns, reports have suggested the possibility of the order being pruned to 400 imported guns.  For the acquisition of the remaining 1,180 guns the Government may opt for the...

The third attempt by Indian Navy in the last 14 years to build 12 mine countermeasure vessels (MCMVs) at the Goa Shipyard through the project, worth around $5billion, is once again on the go. Russian and Italy’s Intermarine shipyards responded to the expression of interest (EoI) issued on 21 March 2018. The Indian Navy needs...

  India deployed an indigenously-made AEW&C system mounted on an Embraer aircraft in the aerial strike against the terror group and guided IAF’s 12 Mirage 2000 fighter jets used to bomb multiple camps. Now it has also been offered for C-295 tactical air-lifter to be manufactured by Airbus-Tata in India. Airbus C295 Netra on offer to...

The Indian Navy has issued Expression of Interest to foreign vendors to acquire six lethal submarines under Project-75 India likely to cost over Rs 50,000 crore. The submarines are to be equipped with at least 12 Land Attack Cruise Missiles (LACM) along with Anti-Ship cruise missiles (ASCM) besides being able to carry and launch 18...

Hindustan Aeronautics Limited (HAL), recorded turnover of over Rs 19,400 crores for the financial year ending 31^st March 2019, a six per cent revenue growth over the previous year's turnover of Rs 18,284 crores. During the year it manufactured 41 new aircraft, helicopters besides 98 new engines and carried out an overhaul of 213 aircraft,...

Cabinet Committee on Security (CCS) has approved the procurement of 464 Russian-made T-90MS main battle tanks (MBTs) for the Indian Army (IA) costing about INR13448Crores. The contract is likely to be signed between India and Rosoboronexport, in the next few months....