India’s Defence Acquisition Council (DAC) has approved a proposal to buy 21 MIG-29 fighters along with upgradation of existing 59 MiG-29 aircraft and procurement of 12 Su-30 MKI jets from Russia.
While the MIG 29 procurement and upgradation from Russia is estimated to cost INR74.18 Bn, the Su-30 MKI will be procured from state-owned Hindustan Aeronautics Ltd. (HAL) at an estimated cost of INR107.30 Bn, a Defence Ministry official informs.
“In the current situation and the need to strengthen the Armed Forces for the Defence of our borders and in line with Prime Minister’s clarion call for `Self-Reliant India’, the Defence Acquisition Council in its meeting of July 2, 2020, held under the Chairmanship of Defence Minister Rajnath Singh accorded approval for capital acquisitions of various platforms and equipment required by the Indian Armed Forces,” he says.
‘The proposals for an approximate cost of INR389 Bn were approved. With a focus on indigenous design and development, these approvals include acquisitions from Indian Industry of INR311.30 Bn. All equipment are to be manufactured in India involving the Defence Industry with the participation of several MSMEs as prime-tier vendors. The Indigenous content in some of these projects is up to 80% of the project cost.
A large number of these projects have been made possible due to Transfer of Technology by DRDO to the Indigenous Industry. These include Pinaka ammunitions, BMP armament upgrades and Software Defined Radios for the Army, Long Range Land Attack Cruise Missile Systems and Astra Missiles for Navy and Air Force. The cost of these Design and Development proposals is in the range of INR204.00 Bn,” the official adds.
Acquisition of new and additional missile systems will add to the firepower of three armed services. While the acquisition of Pinaka missile systems will enable raising additional regiments over and above the ones already inducted, the addition of Long-Range Land Attack Missile Systems having a firing range of 1000 Km to the existing arsenal will bolster the attack capabilities of the Navy and the Air Force.
The induction of Astra Missiles having Beyond Visual Range capability will serve as a force multiplier and immensely add to the strike capability of Navy and Air Force.
Transport Canada Civil Aviation has recently granted type certification to Pratt & Whitney Canada (P&WC) PW545D engine, marking an important…
Airbus Helicopters and Babcock have secured a contract to provide support for 48 EC145s operated by the French Ministry of…
The Indonesian Navy (Tentara Nasional Indonesia Angkatan Laut / TNI AL) recently launched two Pari-class patrol vessels. Constructed by PT…
A delegation from the Royal Malaysian Air Force (Tentera Udara Diraja Malaysia / TUDM) is reportedly set to engage in…
VARD, a subsidiary of the Fincantieri Group based in Norway, secured a contract to construct two Commissioning Service Operation Vessels…
Leonardo announced the finalization of an agreement to sell its Underwater Armaments Systems (UAS) division to Fincantieri on Thursday. “The…
General Atomics Aeronautical Systems, Inc. (GA-ASI) is partnering with Shift5 to integrate the company’s onboard cyber anomaly detection and predictive…
The Malaysian Ministry of Defence (Mindef) has finalised 40 agreements totalling RM7.3 billion, encompassing seven contracts valued at RM1.90 billion,…
Leonardo, an Italian aerospace company, and the Ministry of Defense of Malaysia (Mindef) have marked a significant milestone during the…
Turkish land systems manufacturer Otokar is displaying its Cobra II and Akrep II armoured vehicles at DSA. The Cobra II…
Systems Engineering & Assessment (SEA), a technology company based in the UK, proudly displays its advanced decoy launcher Ancilia, at…
The Czech Republic’s Excalibur Army has its debuts in the ongoing show. The company is bringing a few small scale…
Turkiye’s Secretariat of Defence Industries (Savunma Sanayii Başkanlığı-SSB), has two main objectives: modernization of Turkish Armed Forces, and establishing&developing a…
Malaysian company, Smart Weapon Storage Inntech Sdn Bhd (SWS), which has been around for 20 years, aims to extend its…
“We will continue to provide tailored solutions to our customers,” said Cem Altinisik, FNSS Corporate Communication Manager in an interview…
Tony Chegwidden, the Director of Business Development International at EDGE Group, is sharing his thoughts regarding the group’s focus and…
Boeing has advanced its manned-unmanned teaming (MUM-T) technology using a digital F/A-18 Super Hornet and MQ-25 Stingray. The testing shows…
Malaysia’s Lumut Naval Shipyard Sdn Bhd (LUNAS) inked a Memorandum of Understanding (MoU) with Indonesian shipbuilder PT PAL Indonesia at…
Prime Minister of Malaysia, Datuk Seri Anwar Ibrahim, attended the unveiling of MALVUS SENSE SDN BHD’s CW-25H, a significant development…
KNDS France which is the main provider of artillery systems for the Royal Malaysian Army and a strategic industrial partner…
The upcoming 10th edition of Indo Defence 2024 Expo & Forum, renowned as one of the foremost international defence industry…
Malaysian firm MILDEF International Technologies unveiled its new Tarantula, 4x4 High Mobility Armoured Vehicle (HMAV) at the ongoing DSA. Also…
Nurol Makina and Nadicorp (Badanbas) are showing their NMS 4X4 armoured vehicle in Royal Malaysian Army camouflage for the first…
South African defence firm Denel is presenting its portfolio of guided weapons and land defence systems at the show. “Denel…
The Malaysian armed forces are accelerating their procurements of modern military equipment in their quest to transform their combat capability.…
PT Dirgantara Indonesia (PTDI) is currently participating in the Defense Services Asia (DSA) 2024 defence exhibition, scheduled from 6th to…
The French defence company and a leader in ground mobility solutions, Arquus is showcasing its proven range of defence and…
Tell me about Cendana Auto, and the products that you're featuring here? Cendana Auto is 100% a local Malaysian company,…
Thailand’s defence land system company, Chaiseri, is bringing three of its First Win (FW) series armoured vehicles to the show.…
Turkish weapons company Roketsan is showcasing its broad range of missile equipment at the ongoing show including its new generation…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.