Ficv

As per sources, the government had committed to awarding the Rs 60,000 crore project for the FICV vehicles to two companies before March 31, 2017 even as there were expectations of an announcement as early as December 2016 itself.

Ex-M&M partner Navistar to supply defense trucks to Pakistan

Navistar, the US-based truck major who had a joint venture with tractor and utility vehicle maker Mahindra & Mahindra, has bagged a contract to supply armoured trucks to the Pakistan Army

Titagarh Wagons sees govt order of future infantry CVs in a week

The defence ministry has announced to award contracts for the development of future infantry combat vehicles. The ordinance factory board will go up against 5 private players in the fight for a 60,000 crore rupee contract.

Cos tool up for defence orders on Modi's 'buy India' pledge

India, the world's largest arms importer, will spend USD 250 billion in the next decade on kit, analysts estimate, to upgrade its Soviet-era military and narrow the gap with China, which spends USD 120 billion a year on defence.