Tuesday, January 27, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Approved: Acquisition of Rs.2,290cr defence systems

Fiinews by Fiinews
October 1, 2020
in Investment, Manufacturing
Reading Time: 1 min read
A A
0
SIG
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Ordered: Rs.780cr of SIG SAUER Assault Rifles

The Defence Acquisition Council (DAC) meeting, chaired by Defence Minister Rajnath Singh, has approved Rs.2,290 crore worth of acquisition of equipment and systems from domestic industry and foreign vendors.

The DAC approved on 28 Sept 2020 procurement of Static HF Tans-receiver sets and Smart Anti Airfield Weapon (SAAW) under the Buy Indian category.

The HF radio sets, costing approximately Rs.540 crore, will enable seamless communication for the field units of Army and Air Force.

The Smart Anti Airfield Weapon, being procured at an approx. cost of Rs.970 crore, will add to the fire power of Navy and Airforce.

The DAC also accorded approval for procurement of SIG SAUER Assault Rifles at a cost of approx. Rs.780 crore for the Army’s frontline troops. #defence #manufacturing #acquisition #investment #rifles /fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

Thakral's Gurugram project.
Investment

Invest: Thakral unit raises stake in real estate

by Fiinews
January 27, 2026
0
11

Group works on strategy of identifying attractive opportunities Singapore-based Thakral Corporation Ltd said on 23 Jan its wholly-owned subsidiary, Paramount...

Finergic
Investment

Invest: HCL to acquire Singapore company

by Fiinews
January 26, 2026
0
25

Finergic acquisition is to strategically positioned HCL in digital services HCLTech has signed a definitive agreement to acquire Finergic Solutions...

Hirschvogel

Manufacturing: Hirschvogel commits Rs.750cr FDI in Davos

January 25, 2026
15
Kryon logo

Manufacturing: 5 selected under White Goods PLI

January 25, 2026
22
Gati Drives

Invest: Gati Drives to form partnerships with OEMs

January 24, 2026
13
Sidbi

Invest: SIDBI gets Rs.5,000cr to support MSMEs

January 23, 2026
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: SDHI to build 6 chemical tankers
  • Tech: Founders build next decade digital economy
  • Export: India makes strong presence at Gulfood
  • Market: Minister updates WEF delegates on RE
  • Project: Motivair to cool data centres

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.