Tag: The Times of India

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.

Army’s artillery buy in a confused mess

In the background of these challenges and the defence ministry’s inaction on a decision to blacklist the Singapore-based company, the OFB mandate should not become an excuse for lack of movement on the procurement of artillery by the army. Already, the ministry has been reported to have indicated it cannot move on the procurement as the matter is sub judice. At the same time, it has not decided the issue either, as is evident from the observations of the court. This has held up the acquisition of crucial types of artillery again, after the multiple cancellation of tenders since the Bofors buy.