As per an official release from the Ministry of Defence, "The value of the contract is Rs 1070.47 crore. These multi-role FPVs will be indigenously designed, developed and manufactured by MDL under the Buy (Indian-IDDM) Category and will be delivered in a total of 63 months."
India is deeply concerned with the recent attacks on the vessels in the Red Sea as it serves as an important shipping lane for the world including India, the Ministry of External Affairs said on Thursday.
Amid the recent drone attacks by suspected Houthi rebels in the Red Sea and the deployment of Pakistan vessels along the Indian coastline, Chief of Naval Staff Admiral R Hari Kumar on Thursday said that the job of the Navy is to ensure that "we protect, promote, pursue the National intere
Speaking to ANI, Singh said that the Indian Navy has deployed a huge number of large combatants, which includes the Kolkata class destroyers, many frigates and other ships, to sustain forces there and carry out operations that are primarily focused on ensuring the safety of shipping as well
Taiwan detects six Chinese military aircraft and four naval vessels around the island country between 6 a.m. on Sunday (Jan. 14) and 6 a.m. on Monday (Jan. 15), Taiwan News reported citing the Ministry of National Defence.
Taiwan's Ministry of National Defence (MND) has tracked eight Chinese military aircraft and six naval vessels around Taiwan between 6 am on Friday and the same time on Saturday, the date for the presidential election, Taiwan News reported.
In retaliation to an escalation in attacks by Houthi rebels on commercial vessels recently, the United States has carried out fresh strikes against Houthi targets in Yemen, according to a US official, as reported by CNN.
Weighing in on attacks on merchant ships by Yemen-backed armed Houth rebels in the Red Sea, Raajesh Bhojwani, the Chief Executive Officer (CEO) of RBB Ship Chartering, on Friday said the shipping costs have gone up manifold in the wake of these incidents.
Amid concerns over the attacks by armed Houthi rebels on merchant vessels in Red Sea, the Office of Foreign Assets Control (OFAC) of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to th
After the United States, along with its allies, launched attacks in Yemen, President Joe Biden said on Thursday that the targeted strikes were a clear message that the escalation of attacks by the Houthi rebels against commercial vessels would not be tolerated.