Search For "defence acquisition"
PM to inaugurate Tata-Airbus C295 aircraft plant on Monday; facility set t
Updated : 1 year, 7 months ago IST
India had signed a contract with Airbus in 2021 to buy 56 C-295 transport aircraft of which 16 were to be directly sent from Spain while 40 had to be manufactured in India at Tata facility in Vadodara.
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India unleashes major defence orders in September'24; paving way for milit
Updated : 1 year, 7 months ago IST
One of the key highlights of September was the Defence Acquisition Council (DAC) approving 10 capital acquisition proposals worth Rs 145 billion.
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India developing hypersonic missiles; Army looking to induct long-range ro
Updated : 1 year, 8 months ago IST
India's DRDO was in the process of developing hypersonic missiles for the defence forces of the country, who are now looking to induct long range cruise and ballistic missiles like the 2,000 km range Nirbhay and 400 km range Pralay missiles.
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DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report
Updated : 1 year, 9 months ago IST
The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals worth Rs 1.4 trn will not only boost domestic defence manufacturing but will contribute to the growth of the PSU companies in the defence sector, highlighted a report by Antique Stock Broking.
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DAC approves 10 capital acquisition proposals worth Rs 1.45 lakh crore to
Updated : 1 year, 9 months ago IST
The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh on Tuesday accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore.
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US to provide consultancy to India to build advanced UAVs under USD 3 bill
Updated : 1 year, 10 months ago IST
As part of the USD 3.1 billion 31 MQ-9B Predator drone deal between India and the US, American side is proposing to provide consultancy to Indian entities for developing an indigenous advanced unmanned aerial vehicle.
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With Centre's thrust on defence manufacturing, Indian listed companies' sh
Updated : 1 year, 11 months ago IST
With the government's thrust on the Make in India initiative, defence production has surged to historic highs. This rise in defence manufacturing has also led to substantial returns for investors in major defence manufacturing PSUs over the past year.
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Private defence companies revenue will grow by 20 per cent in FY25: CRISIL
Updated : 1 year, 11 months ago IST
The revenue of private defence companies is set to grow by 20 per cent during the current financial year 2024-25, according to a report by CRISIL Ratings.
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Indo-US MQ-9B Predator drone deal expected to be signed in next few months
Updated : 2 years, 3 months ago IST
"We are the lead servers who are steering it. The letter of request has been cleared by the Defence Acquisition Council and the letter of request has gone to the US government. They have given us a draft letter of availability. Now the final one will come. It has to be placed before the (the
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'Aatmanirbhar Bharat': DAC clears capital acquisition proposals to boost c
Updated : 2 years, 3 months ago IST
The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded approval for 'Acceptance of Necessity' (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore.
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Defence Acquisition Council clears capital acquisition proposals worth Rs
Updated : 2 years, 3 months ago IST
The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crore, an official statement said.
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Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces,
Updated : 2 years, 4 months ago IST
Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC).
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