The delayed approval for the acquisition of the M-777 ULH means that India will have to bear a much higher price because of the weaker rupee.
Delayed M-777 buy means higher price
by •
Tag: US government
India to acquire Harpoons for HDW submarines
by •
The new order for two of the Indian Navy’s four HDW Type-209 submarines is expected to cost an estimated USD 200 million and the planned purchase currently awaits the Indian govt’s approval of the US Letter of Offer and Acceptance (LOA).
Airbus offers IAF upgraded A-330 tanker
by •
Airbus will offer the upgraded A-330 MRTT Enhanced variant to the IAF, which has selected Rolls Royce Trent 700 engines for the aircraft.
India loses out on arty buy as M-777 production ends
by •
The 37 percent escalation by a margin of roughly INR 1,200 crore for the US government offer to India for 145 M-777 light weight howitzers comes into effect on Tuesday, along with the imminent closure of the assembly line for the artillery.
M-777 buy uncertain
by •
The failure to consider the order by the DAC has wider implications as it is unlikely that any decision can be taken on this order by October 15, after which the value of the deal will see a 37 percent hike.
Last chance to avoid M-777 sticker shock
by •
The Indian defense ministry has till October to take the US government offer for the purchase of 145 light weight howitzers at the price of USD 694 million, after which the increased price of USD 885 million will come into play.
US sharply hikes M-777 artillery price for India
by •
In purely dollar terms, the new price represents a 37 percent hike in the cost of the offer to India, but would effectively be even higher given the fall in the value of the rupee against the dollar since 2010.
India offers confused response to Poonch killings
by •
After Defense Minister AK Antony diverged from the Indian Army’s statement on the killings on Tuesday, the Ministry of External Affairs also now seems to have mixed up priorities between domestic politics and international pressure.
India to buy M777 light artillery
by •
The defense ministry has issued a Letter of Request to the US Government for the procurement of 145 pieces of M777 light howitzers, manufactured by BAE Systems.
Six additional C-130J airlifters to be based in Orissa
by •
The IAF chief, Air Chief Marshal Norman Anil Kumar Browne, said at a press conference here Monday that the new lot of C-130Js will operate in the northeast and go right up to the Car Nicobar air base in the Andaman and Nicobar Islands.
High Court clearance required for artillery tender
by •
The Delhi High Court has placed a hold on the acquisition of artillery guns by the Indian Army without its clearance. In the course of hearings of writ petitions filed by arms company, Singapore Technologies Kinetics, a bench comprising Justice Sanjay Kishen Kaul and Justice Rajiv Shakdher passed an interim order on May 02, 2011, asking the Ministry of Defense to refrain from awarding the tender without ‘leave and liberty of the court’.
