The Indian Defense Ministry has signed 18 international contracts worth INR 29,222 Crore (US $20.1 billion) between May 2014 and February 2015.
The contracts were signed with armaments manufacturers from the USA, Russia, the UK, Israel, Germany and France.
“Defense Procurement Procedure (DPP) details direct dealing with the Original Equipment Manufacturers (OEMs) or Authorized Vendors or Government Sponsored Export Agencies (applicable in case of countries where domestic laws do not permit direct export by OEM),” Defense Minister Manohar Parrikar said in an answer in parliament.
“It also provides that vendor is required to give full details of any agents / technical consultants / authorised vendors that may have been appointed by them for marketing of this equipment in India. These details should include the scope of work and responsibilities that have been entrusted with the said party in India,” Parrikar said.
Parrikar’s reply shows a possibility of changing mindset in the MoD about the employment of middlemen in potential defense deals on the basis of full disclosure. Observers believe that this can also be included in the DPP as a policy statement as a laid down procedure.
India may opt for off-the-shelf purchase of three squadrons of the Russian T-50 fifth generation stealth fighters, instead of taking the earlier Joint R & D route to manufacture 127 fighters in India. Just as the Indian MoD abandoned discussions for licence-manufacture of the Rafale in India and went in for direct procurement of three squadrons, it may do the same in case of the T-50 for speedier procurement
Indias first hypersonic cruise missile, BrahMos-II will be named after late president Dr. APJ Abdul Kalam
Indian navy's procurement of the 16 multi-role naval helicopters from Sikorsky could be delayed following a restart of negotiations with the US company. The negotiations have restarted after the American company demanded for a price escalation to which the Indian MOD had refused, defence minister Manohar Parrikar told Indian parliament on Friday
Britain to Build Infrastructure for Two Squadrons of USAF F-35 Fighter Jets
Lockheed Martin Wins MK-41 Vertical Launching System Spares Contract
Former IAF Sukhoi Su-30 Aircraft Delivered to Angola
Thales's TALIOS Optronic Pod Qualified By French Defence Procurement Agency
Boeing Plans to Deliver First KC-46 Tanker by Year-end
US Government Buys Saab X-band AESA Technology
Israel Signs Multi-billion-dollar ‘Reciprocal Procurement’ Defense Agreement with Boeing
Preliminary Design of Russian Il-276 Transport Plane Ready in 2019
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...
The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...
The Indian MoD's plan to purchase 110 fighter jets may be its costliest fighter jet buy ever with the entire...
Indias plans of integrating the MBDAs meteor missile on its LCA Tejas and Su-30MKI aircraft may not happen due to...