Category Archives: News

India keen to buy fighter jets for INS Vishal (IAC-2), issues Letter of Interest

India’s Ministry of Defence had issued a letter of interest to four countries to send in a proposal for the supply of fighter jets for India’s second indigenously built aircraft carrier, INS Vishal, which will carry more than 50 aircrafts. Russian based MiG Aircraft Corporation, US’s Lockheed Martin, France’s DCNS and the UK’s BAE Systems…
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Anti-Tank Missile-Nag successfully test fired

Indigenously build fire-and-forget anti-tank missile, Nag has cleared the night trial successfully. With the modified seeker achieving requisite range capability, the Nag missile is now ready for final, pre-induction user trials. Source:http://www.thehindu.com/news/national/antitank-nag-missile-hits-the-bulls-eye-with-modified-seeker/article8108883.ece
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DAC likely to clear – Next Generation Missiles Vessels for Navy

Defence Acquisition Council (DAC) is likely to clear procurement of six next generation missiles vessels (NGMV) worth Rs 13,500 Crores for the Indian Navy. The tender would be likely to be issued soon after the approval from DAC. Shipyards that have experience in building ships of this size in the past and have a license…
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Reliance Defence buys additional 3.3% share in Pipavav from SAAB

Reliance Defence Systems (RDS) has acquired SAAB's 3.3% stake in Indian private shipyard Pipavav Defence and Offshore Engineering. With this acquisition Pipavav has become a part of Reliance Anil Dhirubhai Ambani group. Previously, RDS acquired a 17.66% stake in the company in Mar 2015 and an additional 17% stake in Dec 2015. Source:http://www.thehindubusinessline.com/companies/reliance-defence-buys-saabs-stake-in-pipavav/article8107972.ece
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