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Defence Ministry clears Navy's mega deal for submarine procurement

ALH Mk-III helicopter successful in deck trial on Coast Guard ship
The Defence Acquisition Council (DAC) on Friday cleared the issuing of a Request For Proposal (RFP) for the Indian Navy s mega deal to procure six submarines under Project-75I through a strategic partnership route worth over Rs 45,000 crore.
Two Indian companies and five foreign Original Equipment Manufacturers had already been shortlisted earlier.
The mega deal was approved during the DAC meet on Friday led by Defence Minister Rajnath Singh.
The mega submarine project for building of indigenous submarines for the Navy got the final clearance wherein two Indian companies that can work in collaboration with a foreign manufacturer. ....

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Defence Ministry to take up big deals for armed drones, submarines in April

Defence Ministry to take up big deals for armed drones, submarines in April
Updated:
Updated:
March 08, 2021 20:04 IST
The three Services have since finalised the Qualitative Requirements and the all the processing has been completed.
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Representative Image: The six advanced submarines will be made under Project-75I. File Photo.

The three Services have since finalised the Qualitative Requirements and the all the processing has been completed.
Multi-billion deals for 30 armed drones from the U.S. and six advanced submarines under Project-75I are likely to be taken by the Defence Acquisition Council (DAC) in April for approval, a government official said. ....

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