The delivery of the first vessel is slated in 27 months after the contract becomes effectiveAccording to the exchange filing, Mazagon Dock Shipbuilders Limited signed Shipbuilding Contracts with the European client to construct three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels on December 14, 2023, for a value. of approx. 42 million USD.The contract, signed on December 14, 2023,

A parliamentary panel has suggested the Indian Navy implement a standard tender document, conduct annual reviews of X-Engine stock levels, and initiate processes for procurement, maintenance, reuse, and decommissioning of X-Engines used in SS class ships.The Public Accounts Committee (PAC) of the Indian Parliament has released its Eighty First Report on the procurement of X-Engines for the Indian

Former Indian army chief, General Mukund Naravane, provided a rare insight into the deadly Galwan Valley clash that erupted on June 15, 2020. In his memoir ‘Four Stars of Destiny,’ Naravane spoke about how Indian troops responded to the aggressive Chinese PLA in eastern Ladakh along the LAC. Naravane said, “Chinese President Xi Jinping will not forget June 16 any time soon as China’s People’s

In a momentous development in the global arms trade, Bharat Dynamics Ltd (BDL) reportedly finalised a major defence deal with Armenia, sending its stock to a record high on Monday reported Zee BusinessIt is learnt from reliable sources that Armenia has acquired the Akash Air Defence System and 15 AAD Systems from BDL, with the transaction estimated to be valued between Rs 5,000 crore and Rs 6,000

New Delhi: External Affairs Minister S Jaishankar has emphasised the division of power in the global structure and the importance of negotiating and shaping narratives to create fair systems.Referring to the division of power in the global structure, External Affairs Minister S Jaishankar said that those who have acquired dominance will often create a system that would "appear fair, even if they

Washington: The US State Department has expressed its willingness to engage with India in resolving ongoing conflicts in Ukraine and the Middle East.Stating that New Delhi is a major partner of Washington, the US State Department spokesperson Mathew Miller said that the United States would welcome any "constructive engagement" from India regarding resolving the ongoing conflicts in Ukraine and