MoD signs contract to procure 11 Airport Surveillance Radars for Indian Navy & Indian Coast Guard Ministry of Defence signed a contract with Mahindra Telephonics Integrated Systems Ltd., Mumbai for procurement of 11 Airport Surveillance Radars with Monopulse Secondary Surveillance Radar for Indian Navy and Indian Coast Guard on June 03, 2021. The procurement, at a cost of Rs 323.47 crore, will be made under the ‘Buy & Make’ category.
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Defence is as about security as crucial it is for the economy and technology. The inherent opportunity and challenges both lie in building capabilities for our industry and so the armed forces. India marks at the threshold of such breakthroughs in defense & aerospace--if the policies set forth rightly and implemented in spirit. India's Defence Secretary, Dr Ajay Kumar with his tech background is at the crucial juncture to drive policies within the complexity of defence industrial ecosystem that India must not loose the momentum at any cost. BW Businessworld's Defence Editor Manish Kumar Jha interacts with Defence Secretary on such policies issues exclusively. Interaction touches upon: Defence Export, Startups, Offsets, SP Model, MMRCA-2, OFs, NUH and crucial aero engine among others.
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Providing further boost to ‘Make in India’, Ministry of Defence (MoD) signed a contract with Mahindra Defence Systems Ltd (MDSL) for supply of 1,300 Light Specialist Vehicles to the Indian Army, at a cost of Rs 1,056 crore. The induction of vehicles is planned to be completed in four years.
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Boeing announced the addition of a new production line at its joint venture, the Tata Boeing Aerospace Limited (TBAL) in Hyderabad, Telangana, to manufacture complex vertical fin structures for the 737 family of airplanes.The vertical fin is a complex structural part and the new production line will utilize cutting-edge robotics and automation in manufacturing.
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On the Sidelines of Aero India 2021, BW Businesworld's Manish Kumar Jha interacts with Rémi Maillard, President & MD, India & South Asia, Airbus on defence and commercial commitment to India. Airbus is emphatic on its C 295 military transport aircraft program with Tata which is awaiting final approval. Rémi also proposed Airbus AS565 Panther helicopter to Indian Navy under NUH program which is in direct competition with India's advance helicopter platforms by DPSU HAL.
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On a Defence Start-Up, BW Defence speaks with with Jayaraghavendhar, the Managing Director of MWIVEN. How a start-up company or a company with skills in defence, which is so vital for the ecosystem, can contribute in the nation building in the defence production and in the economy overall? Excerpts of the conversation:
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Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 crores to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores from Rs 1,13,000 last FY. Fiscal burden at 9.5 % is dampening impact on the overall budget including defence.
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L&T Cons has been awarded the contract to build India's longest river bridge across the Brahmaputra river. The 19km bridge which shall connect Dhubri in Assam to Phulbari in Meghalaya shall shorten the distance between the two states by 250km.
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