Breaking the Bofors jinx, India and the US today inked a nearly Rs 5,000 crore deal for 145 M777 ultra-light howitzers, which will be mostly deployed near the borders with China.
Over the years, the company has made significant contributions for naval guns and Integrated Platform Management System (IPMS), BHEL Chairman and Managing Director (CMD) B Prasada Rao said at the company's 51st AGM held here
Baba Kalyani expects big opportunity in artillery gun business going ahead.
Arms sales by the 100 biggest weapons makers fell for the first time since the mid-90s in 2011 as economies slowed and military equipment purchases were reduced for operations in Afghanistan and Iraq, a leading think-tank said on Monday.
Groupon has halted gun-related promotions such as deals for shooting ranges and concealed weapons courses...
â€˜Where do I check in my gun please?‘