Defence ministry signs ₹1,561-crore contract for bridge laying tanks
2 months ago

Defence ministry signs ₹1,561-crore contract for bridge laying tanks

Hindustan Times  

NEW DELHI: The defence ministry on Tuesday inked a ₹1,561-crore contract with Heavy Vehicles Factory, based at Avadi in Chennai, to equip the Indian Army with 47 T-72 bridge laying tanks for the faster movement of mechanised forces in the battle zone, in a boost for the self-reliance drive in the defence manufacturing sector, the ministry said. Bridge laying tank is a critical equipment used for launching bridges during offensive and defensive operations by the army’s mechanised forces. HVF is a unit of Armoured Vehicle Nigam Limited, one of the seven defence companies carved out of the erstwhile Ordnance Factory Board in 2021 as part of the board’s corporatisation. The latest deal comes a week after the defence ministry signed a ₹2,960-crore contract with Bharat Dynamics Limited to equip the navy with medium-range surface-to-air missiles.

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Ministry of Defence signs contracts worth ₹6,900 crore with Bharat Forge, Tata for 307 indigenous artillery guns
17 hours, 33 minutes ago

Ministry of Defence signs contracts worth ₹6,900 crore with Bharat Forge, Tata for 307 indigenous artillery guns

The Hindu  

The Ministry of Defence signed contracts with Bharat Forge Limited and Tata Advanced Systems Limited for the procurement of 155mm, 52 calibre Advanced Towed Artillery Gun Systems and high‐mobility 6×6 gun towing vehicles at a total cost of about ₹ 6,900 crore on Wednesday. With this signing, contracts worth ₹ 1.40 lakh crore have been secured by the Ministry for …

Defence ministry inks ₹10,000 crore deals to boost army’s firepower
1 month, 3 weeks ago

Defence ministry inks ₹10,000 crore deals to boost army’s firepower

Hindustan Times  

NEW DELHI: The defence ministry has signed two contracts worth ₹10,147 crore to buy ammunition for the army’s indigenous Pinaka multi-launcher rocket system, in the latest boost for self-reliance in the defence manufacturing sector, it said on Thursday. The contracts were signed with Nagpur-based private firm Economic Explosives Limited and Pune-based Munitions India Limited for area denial munition and enhanced …

India's Defence Production Hits ₹1.27 Lakh Cr
6 months ago

India's Defence Production Hits ₹1.27 Lakh Cr

Deccan Chronicle  

New Delhi:India's defence production reached a record high of ₹1.27 lakh crore in 2023-24, with exports of military hardware and weapons to over 90 countries, defence minister Rajnath Singh announced on Wednesday. The 'Make in India' programme, introduced under Prime Minister Narendra Modi’s leadership, has driven significant reforms across sectors, particularly in defence, according to Singh. He highlighted the country's …

Ministry of Defence signs two contracts worth ₹802 crore
1 year, 2 months ago

Ministry of Defence signs two contracts worth ₹802 crore

The Hindu  

The Defence Ministry on Thursday signed two contracts worth ₹802 crore towards equipment for the Army. They include 697 Bogie Open Military wagons at a cost of ₹473 crore with Jupiter Wagons Limited and 56 Mechanical Minefield Marking Equipment -Mark II at a cost of ₹329 crore with Bharat Earth Movers Limited under the Buy category. “The BOM Wagons and …

Defence ministry signs ₹19k-cr contract with HSL for five fleet support ships
1 year, 7 months ago

Defence ministry signs ₹19k-cr contract with HSL for five fleet support ships

Hindustan Times  

In a significant boost to self-reliance, the Union defence ministry on Friday signed a Rs.19,000 crore contract with Visakhapatnam-based Hindustan Shipyard Limited for five indigenous fleet support ships for the Indian Navy, with the vessels capable of replenishment of warships at sea and extending their range and endurance for longer missions, officials aware of the matter said. The contract was …

Army executes contracts worth ₹7600 crore under emergency procurements
1 year, 7 months ago

Army executes contracts worth ₹7600 crore under emergency procurements

The Hindu  

The armed forces are currently executing the fourth tranche of Emergency Procurements and the Army has so far signed 49 contracts worth ₹7600 crore and another 34 contracts of a similar amount are lined up and expected to be concluded by end-September, according to defence sources. “The 49 contracts cater for capabilities ranging from mobility solutions to communication systems, energy …

Defence ministry signs ₹500 crore contract to strengthen Indian Army’s communication system
1 year, 9 months ago

Defence ministry signs ₹500 crore contract to strengthen Indian Army’s communication system

Live Mint  

New Delhi: The Ministry of Defence on Thursday announced that it has inked a contract with ICOMM Tele, for the procurement of 1,035 numbers of 5/7.5 Ton Radio Relay Communication equipment containers. “The Radio Relay Containers will address a long overdue requirement of mobile communication detachments of the Indian Army. These containers will be utilized to provide a protected environment …

Defence Ministry inks deal worth over Rs 1,700 crore to boost critical weapon system production
1 year, 11 months ago

Defence Ministry inks deal worth over Rs 1,700 crore to boost critical weapon system production

India Today  

Ministry of Defence on Thursday inked a contract with BrahMos Aerospace Private Limited for procurement of Next Generation Maritime Mobile Coastal Batteries and BrahMos Missiles under the Buy Category. These systems will be equipped with supersonic BrahMos Missiles and will significantly enhance the multi-directional maritime strike capability of the Indian Navy. The BAPL is a joint venture between India and …

Defence Ministry signs Rs 19,600 cr deal for 11 patrol vessels, 6 missile vessels
1 year, 11 months ago

Defence Ministry signs Rs 19,600 cr deal for 11 patrol vessels, 6 missile vessels

India Today  

In a huge boost to the Centre's 'Aatmanirbhar Bharat' initiative, the Defence Ministry on Thursday signed contracts with Indian shipyards for the acquisition of 11 Next Generation Offshore Patrol Vessels and six Next Generation Missile Vessels at an overall cost of around Rs 19,600 crore. Aatmanirbhar Bharat: MoD signs Rs 19,600 crore contracts with Indian shipyards for acquisition of 11 …

Defence ministry inks contracts worth Rs 3,700 cr to enhance Indian Air Force's radar operations
2 years ago

Defence ministry inks contracts worth Rs 3,700 cr to enhance Indian Air Force's radar operations

India Today  

The defence ministry signed two contracts with Bharat Electronics Limited, worth over Rs 3,700 crore, to enhance the operational capabilities of the Indian Air Force. The second contract, at an overall cost of approximately Rs 950 crore, relates to 'Radar Warning Receivers'. Its successful trials have already been conducted by the Indian Air Force. Apart from Radar Warning Receivers, the …

Defence Ministry, BrahMos Aerospace sign deal for acquisition of dual-role capable missiles
2 years, 6 months ago

Defence Ministry, BrahMos Aerospace sign deal for acquisition of dual-role capable missiles

India TV News  

Highlights BrahMos Aerospace Pvt. In a further impetus to self-reliance in defence production, the Defence Ministry has signed a contract with BrahMos Aerospace for the acquisition of additional dual-role capable surface-to-surface BrahMos missiles at an approximate cost of Rs 1,700 crore under the 'Buy-Indian' category. In a statement issued on Thursday, the ministry said the induction of these dual-role capable …

Six of seven new defence companies created from OFB report provisional profit
2 years, 10 months ago

Six of seven new defence companies created from OFB report provisional profit

The Hindu  

Six of the seven new defence companies created by the corporatisation of the Ordnance Factory Board last October have reported provisional profits during the initial six months of their business from October 1, 2021 to March 31, 2022, the Defence Ministry said on Friday. “Within the first six months, then new companies have achieved the turnover of more than ₹8,400 …

India signs contract with Larsen and Toubro for acquisition of 2 MPVs for navy
3 years ago

India signs contract with Larsen and Toubro for acquisition of 2 MPVs for navy

Firstpost  

This contract will further boost and encourage active participation of the Indian shipbuilding industry in consonance with the ‘Aatmanirbhar Bharat’ initiatives of the government of India. New Delhi: Ministry of Defence has signed a contract on Friday with M/s Larsen and Toubro Limited for the acquisition of two multi-purpose vessels for the Indian Navy at an overall cost of Rs …

Defence Diary: 7 Firms Born Out of Ordnance Factory Board Need New Reforms, Talent in Transition Phase
3 years, 1 month ago

Defence Diary: 7 Firms Born Out of Ordnance Factory Board Need New Reforms, Talent in Transition Phase

News 18  

About five months ago, on October 1, seven new Defence Public Sector Undertakings were born out of the erstwhile Ordnance Factory Board. Soft Landing Corporatisation of OFB had yielded seven new DPSUs—Advanced Weapons and Equipment India Limited, Munitions India Limited, Armoured Vehicles Nigam Limited, Troop Comforts Limited, Yantra India Limited, India Optel Limited, and Gliders India Limited. For instance, the …

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh
3 years, 3 months ago

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh

Live Mint  

Defence Minister Rajnath Singh on Saturday said that India's defence and aerospace manufacturing sector will escalate to ₹1 lakh crore in 2022. The current budget for the defence and aerospace manufacturing sector is ₹85000 crore. The contribution of the private sector in India's defence and aerospace manufacturing will rise to over Rs1 lakh crore by 2047 from around Rs18,000 crore …

Factories to Corp Entities: All About the 7 Defence Firms Carved Out of OFB by Modi
3 years, 5 months ago

Factories to Corp Entities: All About the 7 Defence Firms Carved Out of OFB by Modi

News 18  

Prime Minister Narendra Modi on Friday dedicated seven new state-run defence firms replacing the Ordnance Factory Board and said that a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment. The new companies are: Armoured Vehicles Nigam Limited, Munitions India Limited, Advanced Weapons and Equipment India Limited, Troop …

Will try and finish any acquisition in two years: Defence Ministry
3 years, 5 months ago

Will try and finish any acquisition in two years: Defence Ministry

The Hindu  

The Ministry of Defence will try and complete acquisition of any defence equipment in two years, from the current average of 3.5 years, as long as there is no research and development involved, Additional Secretary and Director General Acquisition in the Ministry V.L. “Our average is about 3.5 years and to bring it to two years takes a lot of …

Defence stocks gain on war rumblings
6 years ago

Defence stocks gain on war rumblings

Deccan Chronicle  

Mumbai: Defence sector stocks surged as geo-political tensions escalated on both sides of the India-Pakistan border, with top defence suppliers Larsen & Toubro, Hindustan Aeronautics, Ashok Leyland, Mahindra & Mahindra, Bharat Forge, Cochin Shipyard, Bharat Electronics, among others, attracting investors attention. Gainers on the BSE included Larsen & Toubro, Ashok Leyland, Hindustan Aeronautics, Bharat Electronics, Bharat Forge, Mahindra & Mahindra, …

BDL gets Rs 3,000 cr contract for anti-tank Invar missiles
11 years, 7 months ago

BDL gets Rs 3,000 cr contract for anti-tank Invar missiles

Firstpost  

The BDL would be licence-producing these missiles at its facilities and the deliveries are expected to be completed in next five years. New Delhi: In a major boost to Army’s firepower, defence PSU Bharat Dynamics Limited has been given a Rs 3,000 crore contract by the defence ministry to produce Russian-origin Invar anti-tank guided missiles for the T-90 tanks of …

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