Defence Acquisitions

SDHI secures $227 million shipbuilding contract from European firm

Swan Defence and Heavy Industries (SDHI) on Friday said it has bagged a USD 227 million (around Rs 2,080 crore) contract from Europe-based Rederiet Stenersen AS. The company has received the order to manufacture and supply six 18,000 DWT (deadweight tonnage) IMO Type II chemical tankers from its shipyard in Pipavav, Gujarat. Swan Defence and Heavy Industries, in a statement, said the order valued at USD 227 million is one of India's largest single commercial shipbuilding orders and the first chemical tanker order placed with an Indian shipyard. The contract bagged from European shipowner Rederiet Stenersen AS also includes an option for six additional vessels. The first vessel is scheduled for delivery within 33 months, with subsequent deliveries planned at regular intervals. Each tanker will have an overall length of approximately 150 metres and a beam of approximately 23 metres. The vessels will be designed by Marinform AS and StoGda Ship Design & Engineering and classed by ...

₹3.84 trn in weapon, equipment acquisition proposals approved in 2025: MoD

While these proposals will take time to translate into contracts, they nonetheless point to an enhanced focus on military modernisation

₹3.3-trillion defence approvals lift visibility; Motilal Oswal backs PSUs

In its winter session, the Defence Acquisition Council (DAC) approved capital acquisition proposals worth ₹79,000 crore, taking total approvals in FY26 year-to-date (Y-T-D) to around ₹3.3 trillion.

DAC okays defence procurement proposals worth ₹79K cr to boost capabilities

The DAC cleared proposals to acquire loitering munition systems for artillery units, low-level lightweight radars, and long-range guided rocket ammunition

Defence R&D: Parliamentary panel calls for adequate budgetary provisions

The committee said the ministry is adopting emerging technologies of warfare and it has recommended that adequate budgetary provisions for research and development be made available to the armed force

US approves sale of Javelin Missile, Excalibur Projectiles worth $92.8 mn

Under the agreement, the US will provide 100 FGM-148 Javelin missiles, one Javelin missile for testing, 25 Javelin launcher units, and 216 M982A1 Excalibur artillery shells

Antique sees 'tremendous' scope in ₹2.5-trn worth FY26 defence proposals

On Thursday, the MoD said the Defence Acquisition Council approved procurement proposals worth ₹79,000 crore

Paras Defence signs MoU with Israel's Cielo for inertial solutions

The two firms will explore opportunities in India for adapting, marketing, selling, and producing inertial sensors and closed-loop inertial solutions

MoD inks ₹62,370 cr deal with HAL to purchase 97 LCA Mk1A aircraft

The delivery of these aircraft would commence during 2027-28 and be completed over a period of six years

India may turn to France's Safran jet engines as US defence talks drag on

India's reported interest in French fighter jet engines marks a shift from the major trade deal the country secured with the US under its former President Joe Biden's government

Defence indigenisation, procurement top goals for govt: Defence Secy

The Blueprint Discourse: Defence Secretary Rajesh Kumar Singh said India is accelerating defence indigenisation, boosting private sector role and strategic autonomy; budget not a constraint

India, Fiji resolve to boost defence and maritime bilateral ties

PM Modi and Fijian PM Rabuka signed nine agreements and announced 17 new initiatives, with India pledging defence, maritime, and healthcare support to strengthen ties

Private industry expects a timebound defence acquisition rules review

Must include clear measures to enforce shorter procurement, say insiders

Sensex, Nifty fall on profit booking; defence, capital market stocks shine

From the Sensex Pack, Bajaj twins, Hindustan Unilever. Eternal (Zomato), Infosys and BEL were among the top gainers.

Operation Sindoor: India needs information-defence, not just rebuttals

Counter-narratives do exist today, but coming from unofficial sources, they often get lost in the noise of disinformation