Daily Archives: December 3, 2024

India clears defence purchase worth $2.56 billion

Defence Acquisition Council clears defence procurement worth Rs 21,772 crores: In a significant move to bolster India’s defense capabilities, the Defence Acquisition Council (DAC), chaired by Defense Minister Rajnath Singh, approved a slew of capital acquisition proposals worth over INR 21,772 Crores ($2.56 billion) on December 3, 2024. These acquisitions are aimed at enhancing India’s naval, air, and land forces, particularly in areas of coastal security and surveillance.

Elbit Systems wins IMOD’s $40 mn order for drones, autonomous systems

Elbit Systems will supply drones, autonomous systems to IMOD in $40 mn deal: Tel Aviv, Israel – The Israel Ministry of Defense (IMOD) has taken a significant step towards enhancing its military capabilities by awarding contracts worth approximately $40 million to Elbit Systems. The deal, which involves the procurement of advanced drones and autonomous systems, underscores Israel’s commitment to technological innovation and its role as a global leader in military technology.

Kongsberg Maritime to Equip Indian Navy’s Fleet Support Ships with Advanced RAS Technology

Hindustan Shipyard to use Kongsberg Maritme’s RAS Tech for Indian Navy’s Fleet Support Ships: New Delhi: Kongsberg Maritime, a global leader in maritime technology, has secured a significant contract with Hindustan Shipyard Limited (HSL) to supply advanced replenishment-at-sea (RAS) equipment for the Indian Navy’s new fleet of five Fleet Support Ships (FSS). This strategic partnership will enhance the Indian Navy’s operational capabilities and logistical efficiency.