The defence ministry has issued a tender to state-run aerospace major Hindustan Aeronautics Limited for procurement of 97 light combat aircraft (LCA Mk-1A) Tejas for the Indian Air Force, officials said today.
The programme will help the IAF to replace its fleet of MiG-21s, MiG-23s and MiG-27s which have been either phased out or are set to be phased out in near future, government officials told ANI.
No shortage of funds due to consolidation of capital budget of three Services, says IAF thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Cochin Shipyard share price: Kotak's fair value for the stock suggests a 52 per cent downside for the stock at Tuesday's closing price of Rs 1,130.80. The stock is up 66 per cent in 2024 so gar and 365 per cent in the past one year.