India has signed 15 contract with value of 71953.60 crore ($10.5 billion) with foreign vendors for the procurement of various defense equipment that include aircraft, missiles and ammunition during the current financial year (up to October, 2016).
During 2015-16, 17 contracts with value of Rs. 29171.75 crore ($4.2 billion) have been signed with foreign vendors including those from USA, Russia, Israel, Sweden, UK and Germany for Capital procurement of Defence equipment such as rockets, simulators, aircraft, helicopters, ammunition and radars, Minister of State for Defence Subhash Bhamre said in a statement in the Parliament Tuesday.
The contracts with foreign vendors include those from France, USA, Russia, Israel, UK, and Germany for Capital procurement of various Defence equipment.
The contracts include 36 Rafale fighter jets from French Dassault Aviation for $8.2 billion . India signed various defense deals with Russia at Brics summit 2016 in October, including the one to buy US$5 billion worth S-400 Triumf anti aircraft weapon system.
Vietnams Defence Minister Gen Ngo Xuan Lich is likely to hold talks on the possible sale of Indias indigenously-developed BRAHMOS supersonic cruise missile during his four-day visit to New Delhi next month. Defence sources told PTI that Gen Lich will arrive on December 3 and will hold talks with his Indian counterpart Manohar Parrikar and one of the issue that is likely to come up for discussion is the possible sale of BrahMos missiles
India's Defence Research and Development Organization (DRDO) has considered to produce 10 unmanned aircraft similar to long-endurance combat drone Rustom-II for induction into the Indian armed forces in the future. “We have decided to produce 10 pilot less or unmanned aircraft like Rustom-II, aimed at giving a boost to Indias development programme for UAV,” DRDO Director S Christopher was quoted as saying by
Indias Strategic Forces of Command (SFC) successfully test-fires the indigenously built nuclear-capable ballistic missile Agni I, from a test range off the coast of Odisha on Tuesday. Agni-I missile was tested from the Integrated Test Range on the Wheeler Island off the Odisha coast, at 10
Indian Army on Monday successfully test-fired two indigenously developed nuclear capable Prithvi-II missile in quick succession as part of a user trial from a test range at Chandipur in Odisha. The two surface-to-surface missiles which have a strike range of 350 km and are capable of carrying 500 kg to 1,000 kg of warheads were successfully test-fired in quick succession from mobile launcher from launch complex-3 of the Integrated Test Range (ITR) at around 9
india's Defence Minister Manohar Parrikar on Monday has commissioned the third indigenously designed guided missile destroyer ‘INS Chennai that is armed with supersonic surface-to-surface BrahMos missiles and Barak-8 long range surface-to-air missiles. Built at the Mazagon Dock Shipbuilders Ltd in Mumbai, the ships construction also marks the end of the Project 15A to build Kolkata-class guided missile destroyers,
India has signed total $1.4billion worth contracts with Israel Aerospace Industries (IAI) for the purchase of two Phalcon/IL-76 Airborne Early Warning and Control Systems (AWACS) and 10 Heron TP unmanned air vehicles (UAVs) The contracts were signed in New Delhi on 16th November,
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