India’s Hindustan Shipyard Ltd has won INR 1000 Crores (US $156 million) contract to build two diving support vessels (DSV) for the Indian Navy.
“The DSV is used by the Indian Navy to help in emergencies like a submarine sinking, or to provide material to submarines. He said HSL had won the contract through a competitive bidding process,” chairman and managing director of HSL, Rear Admiral (Retd) LV Sarath Babu was quoted as saying by Times of India on Monday.
"We have completed the price negotiations, and expect to sign the work contract soon," Admiral Sarath Babu said.
The first DSV would be delivered within three years of getting the contract, and the second one will be due for delivery within 12 months of the delivery of the first vessel.
"For highly specialised technology and labour, we will bring in outside consultants for the purpose, but we will deliver the vessels to the Indian Navy's satisfaction and also on time," Admiral Sarath Babu said.
The Indian air force is planning to issue a tender to secure the perimeter of the air bases housing high-value assets such as fighter jets and transport aircraft. "By this week, the tender for the perimeter security of the air bases would be issued by the Air Force to prevent any illegal entry into them like what happened in Pathankot," unnamed government sources were quoted as saying by
Indias Defense Research and Development Organization (DRDO) has successfully test fired a Quick Reaction Surface-to-air Missile (QRSAM) off the coast of Odisha. The short-range weapon system was fired from a canister mounted on a rotatable truck-based launch platform at the Launching Complex-I (LC-I) of the Integrated Test Range (ITR) at Chandipur-on-sea at about 2
An Offshore Patrol Vessel (OPV) named ICGS Sujay was commissioned into Indian Coast Guard (ICG) at Goa on Thursday. It is sixth and last in the series of six 105m OPV built indigenously by Goa Shipyard Limited for ICG
The Indian Air Force has issued a Request for Proposal (RFP) to procure 83 Tejas light combat aircraft valued at an approximate Rs 50000 crore (US $7.8 billion) from state-run Hindustan Aeronautics (HAL)
The Indian Navy is facing a delay in delivery of three modern destroyers by nearly three years due to hold-up on the part of foreign vendors to supply vital arms and equipment for these warships. As a result, the ships that were to come to the navy between July 2014 and 2018 under project 15B, would now be delivered by dockyard between 2021 and 2022,
Indias Hindustan Shipyard Limited (HSL) has issued a request for proposal (RFP) seeking a collaborator to help build five fleet support ships (FSS) for which it has been selected by the Indian Navy. The commercial and technical bids would be opened on February 6, 2019
The delay in induction of Indias new class of attack submarines has forced the Navy to upgrade six of its oldest submarines under the Major Refit and Life Certification (MRLC) programme. Four Sindhughosh-class (Russian Kilo) and two Shishumar-class (German HDW) submarines are to be engaged in ‘life extension and refit programmes, at a cost of INR 1,000 crore (US$ 155 million) per boat,
Siemens India established Medium Voltage Lab at INS Valsura, the Indian Navys oldest training establishment, inaugurated by Chief of Naval Staff Admiral Sunil Lamba on January 24, the company announced today. The facility will be used for training personnel on the nuances of medium voltage power generation, protection and distribution, the press release said
The India Navy is looking to acquire third aircraft carrier along with 57 foreign aircraft for the warship, amid growing Chinese threat, which will reportedly cost the government about US$25 billion (INR 1.6 lakh cr)
The negotiations for Indian Navys 12 new Mine Counter-measure Vessels (MCMVs) from South Korean shipyard for an estimated $5.1 billion has collapsed at the final stage
The Indian Defense Ministry has approved procurement of 240 Precision Guided Munitions at a cost of INR 1254 crores (US$ 197 million) from Russian Rosonboron Exports. According to Rosoboronexport, the KAB-1500LG-F-E guided bomb with a laser gyro-stabilized seeker and a HE warhead refers to the precision-guided weapons and is designed to engage stationary ground and surface targets such as rail and highway bridges, military industrial facilities, ships and transport vessels, ammunition depots and railway junctions
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