Tag: Ordnance Factory Board

M-777 buy uncertain

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.

IMI to challenge blacklisting in court

In a statement issued on Thursday, the company said, “In all of its R&D and supply programs in India IMI has always acted legally, ethically, and in full compliance with its established corporate policy which mandates ethical business dealings.”

BAE Systems ready to help India build Bofors guns

Dean McCumiskey, Managing Director and Chief Executive of BAE Systems’ India operations told StratPost his company would be open to discussing any question of technical assistance the OFB might require, in its attempt to execute the designs and technology documentation transferred to it as part of the old Bofors howitzer procurement.

Court to issue directions in blacklisting case

“The hearing qua the issue of black-listing of the petitioner (Singapore Technologies Kinetics) was concluded on 18.05.2011. Despite this, we are still informed that the final order qua the issue of black-listing of the petitioner has still not been issued,” observed the Delhi High Court.

High Court clearance required for artillery tender

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’.