Mazagon Dock, GRSE, HAL, BEL shares rise up to 5% as DAC approves ₹1.45 lakh cr procurements
The Defence Acquisition Council (DAC) on Tuesday approved 10 capital acquisition proposals worth ₹1.45 lakh crore for the Indian Army, Navy, and Air Force.
indian air force
September 2024
August 2023
March 2023
October 2022
April 2022
May 2021
Govt nod to proposals worth ₹7,800 cr to enhance Army’s op capabilities
Govt to procure electronic warfare & ground-based autonomous systems, light machine gun and bridge laying tanks, and gadgets; all these will be sourced indigenously
Bharat Electronics bags orders worth ₹4,300 cr; stock rises 2%
The PSU company has secured a contract worth ₹3,000 crore from the Indian Army and an ₹1,300-crore ordes from the Indian Navy.
Gujarat bags ₹22,000 cr project from Tata-Airbus
This is the first time that military aircraft will be manufactured by a private company. The move is viewed in line with the country’s ‘Aatmanirbhar Bharat’ or ‘Make in India’ push.
IAF scrambles fighter jets after bomb scare intel on Iranian passenger aircraft
FlightRadar24 data shows Mahan Air flight W581, headed for Guangzhou, China, making at least three circles in the skies over Delhi.
Fewer Rafale jets leave gaps in national security
90 fewer Rafale jets (36 bought against 126 required), would have added 5 squadrons, taking the total to 37 – 5 short of IAF's need for 42.
The DRDO’s defence against Covid-19
The Defence Research and Development Organisation in India has shown, during the Covid-19 pandemic, how strong scientific organisations can help in a health crisis.
