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Defence Ministry to take up big deals for armed drones, submarines in April

Defence Ministry to take up big deals for armed drones, submarines in April Updated: Updated: March 08, 2021 20:04 IST The three Services have since finalised the Qualitative Requirements and the all the processing has been completed. Share Article Representative Image: The six advanced submarines will be made under Project-75I. File Photo. The three Services have since finalised the Qualitative Requirements and the all the processing has been completed. Multi-billion deals for 30 armed drones from the U.S. and six advanced submarines under Project-75I are likely to be taken by the Defence Acquisition Council (DAC) in April for approval, a government official said.

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Indian Army troops to get Israeli LMGs! More Carbines, Light Machine Guns, and Rifles to be imported

Indian Army troops to get Israeli LMGs! More Carbines, Light Machine Guns, and Rifles to be imported Huma Siddiqui © Provided by The Financial Express The defence arm of the company focuses on manufacturing weapons and weapon systems; in particular small arms, ammunition, high-end optics and firearm accessories and tactical gear for military and law enforcement. (Image: SSS Defence) To modernize its infantry and Special Forces, the India Army which is the world s largest importer of small arms is expected to import Carbines, Light Machine Guns, and Rifles. It is expected to cost around Rs 3500 crore. Why Imports? The Ordnance Factory Board has not been able to deliver a weapon which is suitable for the use of the Indian Army. It has failed in helping the Indian Army replace its old weapons being used by the infantry which were introduced decades ago.

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Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190

Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190 © Provided by Zee Business Bharat Electronics (BEL) remains well placed to make the most of upcoming opportunities under the governments Aatmanirbhar Bharat programme and the budgeted defense capex (+19% increase yoy). In the recently announced defence budget for FY21-22, the capital expenditure has been increased to Rs 1.35 lakh crore (+19 yoy increase) wherein RS 7000 crore reserved for domestic procurement. Sharekhan retains Buy rating on Bharat Electronics Limited (BEL) with a revised price target of Rs 190. BEL having a major role to play in defence as it is present in all aspects of the defence sector remains a major beneficiary of the government defence capex. Seeking to ride on the governments thrust on self reliance, BEL remains confident that the ongoing financial year will be better than the previous year.

Aatmanirbhar bharatDefence acquisition councilIndian airBharat electronicsBharat electronics limitedIndian navyOptronic devicesSoftware defined radio tacticalAir forceSoftware defined radioDevices limitedIndian air forceபாதுகாப்பு கையகப்படுத்தல் சபைஇந்தியன் அேகபாரத் மின்னணுவியல்பாரத் மின்னணுவியல் வரையறுக்கப்பட்டவை

Balakot, two years on: What changed for Indian Air Force since the airstrike

Balakot, two years on: What changed for Indian Air Force since the airstrike © Megha Mishra Balakot, two years on: What changed for Indian Air Force since the airstrike Two years ago on February 26, the Indian Air Force (IAF) conducted an airstrike in Balakot, Pakistan in response to the death of over 40 CRPF personnel on February 14, 2019, in a suicide terror attack conducted by Pakistan-based terror organisation Jaish-e-Mohammad (JeM). Since then, a lot has changed for the IAF. The force has undertaken several reformative measures to bolster its operational capabilities. Since February 2019, India has acquired several fighter jets, assault weapons and missile systems.

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Bharat Forge wins Rs178-cr defence ministry order for Kalyani M4 vehicles

Defence > Defence production 26 February 2021 The Defence Acquisition Council of the defence ministry has placed an order worth Rs177.95 crore with Bharat Forge for the manufacture and supply of Kalyani M4 vehicles. Under the contract, which is part of a Rs13,700 crore emergency procurement by the ministry, entails production and supply of 200 Kalyani M4 vehicles.. Pune-based Bharat Forge has entered into a partnership with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. The agreement was signed a day before during the International Defence Expo held in Abu Dhabi. This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. The Kalyani M4 is a fantastic new generation vehicle, and we want to position it as the future of protection in all markets world-wide, Bharat Forge deputy managing director Amit Kalyani said.

Abu dhabiRajnath singhAmit kalyaniIndian airDefence acquisition councilInternational defence expoDefence researchIndian armyIndian navyDevelopment organisationIndian ministry of defenceBharat forgeParamount groupIndian ministryIndian air forceNew delhi

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