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October 15, 2024 3:50 PM

India, US sign deal worth Rs 32,000 crore for buying 31 MQ-9B drones

India has signed a deal worth Rs 32,000 crore with the United States to acquire 31 MQ-9B Predator drones, along with the establishment of a maintenance, repair, and overhaul (MRO) facility in the country. The Cabinet Committee on Security (CCS) had approved the acquisition last week. Under the agreement, 15 drones will be given to the Indian Navy, while eight each will be handed over to the Indian Air Force and the Army. Negotiations for the deal had been ongoing for several years, with the fi...

September 16, 2024 3:26 PM

Indian Navy eyes three major defence deals worth Rs 1.25 lakh crore by end of fiscal year

The Indian Navy is on course to finalize three significant defence deals, collectively valued at ₹1.25 lakh crore, before the close of the current fiscal year. These agreements are aimed at enhancing the Navy’s surveillance and combat readiness, with the projects focusing on acquiring advanced drones, submarines, and fighter jets. The deals in question include the procurement of 31 MQ-9B drones, three additional Scorpene-class submarines, and 26 Rafale-M fighter jets. The Indian government ...

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