MoD inks Rs 5336 Cr contract with BEL for procurement of Electronic Fuzes for Indian Army for 10 years

The Ministry of Defence (MoD), India on December 15, 2023, signed a landmark contract worth Rs Rs 5,336.25 crore with Defence Public Sector Unit (DPSU) Bharat Electronics Limited, Pune for procurement of Electronic Fuzes for the Indian Army for a period of 10 years. As part of the ‘Aatmanirbhar Bharat’ vision, this contract has been…

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US Marine Corps orders Amphibious Combat Vehicles from BAE Systems

BAE Systems has been awarded a $211 million firm-fixed-price modification to a previously awarded contract by the US Marine Corps for more Amphibious Combat Vehicles (ACVs) under the Marine Corps’ fourth order for full-rate production (FRP). In addition to vehicle production, the award covers procurement of 40 FRP ACV Personnel (ACV-P) variants, fielding and support…

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Britain, Japan, and Italy sign international treaty for advanced fighter jet programme

Britain, Japan, and Italy have signed an international treaty to establish a programme aimed at developing an advanced fighter jet. The agreement, which Reuters reported this month, comes a year after the three countries established their first major defence industry collaboration by merging the separate next-generation fighter efforts of London and Tokyo. Further, the parliaments…

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