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Of the 188 contracts signed in last 3 yrs, 121 given to defence PSUs, ordnance board: Govt

Press Trust of India  |  New Delhi 

Of the 188 contracts signed in the last three years, 121 have been signed with Indian vendors including defence public sector undertakings and the (OFB), the government informed the on Monday.

Currently, (HAL) has orders to manufacture aircraft, light combat aircraft, Dornier aircraft, advance light helicopter, Chetak and Cheetal helicopter, which are likely to be executed in the next 3-4 years, said in a written response to a question in the

"During the last three years and current year (up to October, 2018), out of total 188 contracts, 121 contracts have been signed with Indian vendors including DPSUs / PSUs /OFB and private vendors for capital procurement of for armed forces such as helicopters, naval vessels, radars, ballistic helmets, artillery guns, simulators, missiles, bullet proof jackets, electronic fuzes and ammunition," Bhamre said.

He said that capital procurement of is carried out as per the extant defence procurement procedure (DPP).

The DPP-2016, he noted, focuses on institutionalising, streamlining and simplifying defence procurement procedure to give boost to 'Make in India' initiative of the by promoting indigenous design, development and of defence equipment, platforms, systems and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 07 2019. 23:05 IST