Defence Procurement News - Latest Updates & Headlines
Global trade tensions expose flaws in 'Just-in-Time' supply chains: Rajnath Singh
New Delhi, April 17: Defence Minister Rajnath Singh on Thursday said that many trade restrictions and tariff wars, the dangers of overreliance on foreign components and logistics networks and the drawbacks of the 'Just in Time approach' have become visible.
Indian Army signs procurement deal with Ashok Leyland defence systems for heavy recovery vehicles
New Delhi, March 28: In a bid to enhance the combat force regeneration capability of the Indian Army, the Ministry of Defence has signed a contract worth Rs 168.09 Crore with M/s Ashok Leyland Defence Systems Ltd for 54 Heavy Recovery Vehicles (HRV), an official statement from the Ministry of Defence said.
DAC clears capital acquisition proposals worth over Rs 54,000 crore to enhance defence capabilities
New Delhi, March 20: Under the chairmanship of Defence Minister Rajnath Singh, the Defence Acquisition Council (DAC), on Thursday accorded Acceptance of Necessity (AoNs) to eight capital acquisition proposals amounting to over Rs 54,000 crore.
Aatmanirbhar Bharat: BEL inks Rs 2,906 crore deal for Ashwini radar to boost IAF
New Delhi, March 12: As part of the Government's efforts to strengthen the country's indigenous defence capabilities, the Ministry of Defence has inked a capital acquisition contract with Bharat Electronics Limited (BEL), Ghaziabad, for the procurement of Low-level Transportable Radar (LLTR) (Ashwini) at a cost of Rs 2,906 crore.
IAF aiming to induct new multirole fighter jets in 4-5 years, US F-15 Strike Eagle may be new entrant in global tender
New Delhi, March 11: With a high-level committee having accepted the need for getting new multirole fighter jets, the Indian Air Force is looking to start induction of these planes in the next four to five years through a fast tracked global tender.
L&T gets Rs 80 crore order for critical Army equipment in push to 'Atamnirbharta'
New Delhi, Feb 26: The Indian Army has signed a contract for the procurement of 223 Automatic Chemical Agent Detection and Alarm (ACADA) systems with L&T Ltd at a cost of Rs 80.43 crore, under the "Buy Indian" category, according to a Defence Ministry statement issued on Wednesday.
Defence Ministry inks deals worth Rs 697cr for India-made trucks to equip armed forces
New Delhi, Feb 20: The Ministry of Defence has signed contracts for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT) at a total cost of Rs 697.35 crore for the Indian Army, the Indian Air Force and the Indian Navy.
Centre inks over Rs 1,220 crore contract with BEL for 149 software-defined radios
New Delhi, Feb 20: The government on Thursday said it signed a contract with Bharat Electronics Ltd (BEL) for the procurement of 149 software-defined radios for the Indian Coast Guard at a total cost of Rs 1,220.12 crore.
Navy's Rs 60,000 crore Rafale-M jet deal to help upgrade capabilities of IAF Rafales
New Delhi, February 18: The Rs 60,000 crore plus Rafale Marine jet deal with France is also going to help in upgrading the buddy-buddy refuelling and other capabilities of the 36 Rafale fleet of the Indian Air Force (IAF).
Defence budget will go up by 9.5 percent to Rs 6.81 lakh crores in 2025-26: Defence Secretary Rajesh Kumar Singh
New Delhi, February 18: Defence Secretary Rajesh Kumar Singh has said that the defence budget would go up by 9.5 percent from the current Rs 6.21 lakh crores to Rs 6.81 lakh crores in 2025-26.
Centre inks Rs 642 cr contract with BEL for 28 EON-51 systems for Indian Navy
New Delhi, Feb 8: The Ministry of Defence on Saturday signed a Rs 642 crore contract with government-owned Bharat Electronics Limited (BEL) Delhi for the procurement of 28 EON-51 systems for the Indian Navy.
MoD signs Rs642 crore deal with BEL for 28 EON-51 systems to strengthen Indian Navy
New Delhi, February 8: In a major push towards self-reliance in defence, the Ministry of Defence (MoD) has signed a Rs642.17 crore contract with Bharat Electronics Limited (BEL) for the procurement of 28 EON-51 Electro Optical Fire Control Systems for the Indian Navy.
Over Rs 6.81 lakh crore allocated in Union Budget 2025-26 for MoD, an increase of 9.53% from current Financial Year
New Delhi, February 1: In pursuance of Prime Minister Narendra Modi-led Government's vision of 'Viksit Bharat @2047' with technologically advanced and 'Aatmanirbhar' Armed Forces, the Union Budget of India has made a provision of Rs 6,81,210.27 crore for Financial Year (FY) 2025-26 for the Ministry of Defence (MoD).
Cabinet nod for buying Rs 10,200 cr India-made ammunition for Pinaka rocket launchers
New Delhi, Jan 30: The Cabinet Committee on Security has approved the indigenous procurement of ammunition worth around Rs 10,200 crore for the Indian Army's Pinaka multi-launcher rocket system, in another booster shot for the country's self-reliance in the Defence manufacturing sector, according to senior officials.
CCS clears Army's Rs 10,000 crore Pinaka rocket deal; Solar, MIL to manufacture
New Delhi, January 29: In a mega success for indigenous weapon systems, the Cabinet Committee on Security has cleared the project to buy over Rs 10,000 crore worth of ammunition for the Indian Army's Pinaka multi-barrel rocket launcher systems.
BEL bags fresh batch of orders worth Rs 531 crore
Bengaluru, Jan 28: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs 531 crore over the last two weeks, the company said in a statement on Tuesday.
Defence Ministry finds L&T proposal non-compliant in Rs 70,000 crore submarine deal
New Delhi, January 22: The Defence Ministry has found the Indian firm Larsen and Toubro (L&T) bid non-compliant in the Rs 70,000 crore tender to acquire six submarines.
Defence ministry inks Rs 1,561 cr contract for 47 bridge laying tanks
New Delhi, Jan 21: The Ministry of Defence (MoD) has signed a contract with Heavy Vehicles Factory, a unit of Armoured Vehicle Nigam Limited, for the procurement of 47 Tank-72 Bridge Laying Tanks (BLT) for the Indian Army at a total cost of Rs 1,560.52 crore.
'Booster shot for self-reliance': Govt signs Rs 2,960 crore deal with Bharat Dynamics to make missiles for Indian Navy
New Delhi, Jan 16: The Ministry of Defence on Thursday signed a contract with Bharat Dynamics Ltd (BDL) for the supply of medium-range surface-to-air missiles (MRSAM) to the Indian Navy at a cost of approximately Rs 2,960 crore.