defence deal

August 1, 2025 10:30 PM

Indian Army inks Rs 223 crore deal for nextgen Tank Transporter Trailers

The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace and Technologies Private Limited for the procurement of 212 next-generation 50-ton Tank Transporter Trailers to speed up logistics in battle situations. These hi-tech trailers feature hydraulic and pneumatic loading ramps along with steerable and liftable axles. These capabilities will enable the swift and efficient transport of tanks and other armoured vehicles over challenging terrain, enhancing the operational m...

Trump says US to lift Syria sanctions, secures $600 billion Saudi deal

President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing sanctions on Syria, and a $600 billion commitment from Saudi Arabia to invest in the U.S. The U.S. agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to the White House which called it the largest "defense cooperation agreement" Washington has ever done. The end of sanctions on Syria would be a huge boost for a country that ...