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Defence Deals News

19 Feb 2020

CCS to meet today, may discuss defence deals to be inked during Pres Trump

The Cabinet Committee on Security (CCS) is scheduled to meet at 10.30 am today (February 19) and is likely to clear the defence deals that could be finalised during the bilateral meeting between the two nations, according to sources.

09 Feb 2018

Rahul Gandhi counterattacks, demands Centre reveal cost of Rafale jet deal

Rahul's reply comes after Jaitley had on Thursday accused the Congress of "seriously compromising" country's security by seeking details of the Rafale deal from the Centre.

AgustaWestland VVIP chopper deal

29 May 2016

Choppergate fallout: Govt cancels all defence tenders bagged by Finmeccanica

The government has decided to cancel all ongoing tenders for defence equipment won by Italy's Finmeccanica as a precursor to blacklisting of the firm which is being investigated for bribery in the AgustaWestland VVIP chopper deal.

Defence Minister

11 Mar 2016

Foreign defence vendors' contracts to be cut in 2 years: Manohar Parrikar

Government plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, Defence Minister Manohar Parrikar said on Friday.

Indian defence policy

23 Dec 2015

Govt comes out new offset policy in defence deals

The new policy provides greater flexibility to the vendors in offset contracts and aims at ensuring level playing field to Indian vendors in capital acquisitions.

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