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The Ministry of Defence has finalized two contracts, amounting to Rs 802 crore, for the acquisition of military equipment. Jupiter Wagons will supply 697 Bogie Open Military (BOM) Wagons for Rs 473 crore, while BEML (Bharat Earth Movers Limited) will provide 56 Mechanical Minefield Marking Equipment (MMME) Mark II at a cost of Rs 329 crore.
The BOM Wagons and MMME will be produced with equipment and sub-system sourced from indigenous manufacturers, giving a boost to the indigenous manufacturing and participation of the private sector in defence production, realising the vision of ''Atmanirbhar Bharat'', the MoD said in a press release.
House Speaker Martin Romualdez and his supposed companies are making big moves. People with business interests have also tried to gain his favor.
Ukraine's counter-offensive is progressing slowly, as the areas in front of Russian defensive fortifications are densely mined. On the eve of the counter-offensive, Ukraine received less than 15% of the bomb disposal and engineering equipment it had requested from its Western partners.
China Railway Group (OTCMKTS:CRWOY – Get Free Report) and Southland (NASDAQ:SLND – Get Free Report) are both construction companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations. Institutional & Insider Ownership 77.6% of Southland shares […]