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Rafale fighter deal deferred for 2014-15, no money left: Antony

Last Updated: Thursday, February 06, 2014, 16:05

Government is looking into the complaints against the procedure to determine the winner of multi-billion dollar combat aircraft deal, Defence Minister AK Antony said.

No deadline for signing 126 M-MRCA deal: Antony

Last Updated: Wednesday, October 30, 2013, 19:23

AK Antony refused to set a deadline for conclusion of a multi-billion dollar deal to procure 126 Rafale combat aircraft for the Air Force.

Army to procure artillery howitzers, 3 Indian vendors selected

Last Updated: Monday, May 06, 2013, 19:07

Army is planning to procure 100 self-propelled artillery howitzers and three Indian vendors, including two private companies, have been selected for trial of their equipment, Defence Minister AK Antony told the LS on Monday.

Defence Ministry, Dassault to hold talks on Rafale deal

Last Updated: Friday, April 05, 2013, 15:25

Defence Ministry and French Dassault Rafale will hold talks today to iron out differences between them over the responsibilities to be given to the state-run HAL in the contract estimated to be worth USD 15 billion.

BJP questions ‘shift’ in defence procurement policy

Last Updated: Sunday, March 24, 2013, 18:50

Defence Ministry`s move to have `life cycle cost` clause in tenders for military hardware, for 126 Multi-Role Medium Combat Aircraft (MMRCA), was questioned by BJP which suspects corruption.

IAF to spend over Rs 2 lakh crore on procurements

Last Updated: Thursday, September 20, 2012, 13:15

The Indian Air Force is planning to spend over Rs two lakh crore in the next 10 years on modernisation including procurement of fighter jets such as the 126 multi-role combat aircraft.

Major defence deals may get hit due to shortage of funds

Last Updated: Monday, September 03, 2012, 20:28

The Defence Ministry has been allocated Rs 1.93 lakh crore for the current fiscal.

Govt all set to procure 126 French combat aircraft

Last Updated: Sunday, August 26, 2012, 10:45

The examination of the process was ordered by Defence Minister AK Antony after former MP Mysura Reddy questioned the method of selecting Rafale as the lowest bidder for the deal.

First MMRCA squadron to be inducted soon

Last Updated: Monday, March 19, 2012, 15:25

The first squadron of Medium-Multi Role Combat Aircraft (MMRCA) consisting of 18 aircraft is expected to be inducted into the IAF within three to four years of signing of the contract with its supplier.

MMRCA: Selection of French Rafale final, says govt

Last Updated: Friday, March 02, 2012, 17:35

India on Friday made it clear that selection of French Rafale for the multi-billion dollar 126 fighter combat aircraft deal was final

Dassault, RIL ink MoU for collaboration in defence sector

Last Updated: Sunday, February 12, 2012, 14:10

The MoU comes soon after the Defence Ministry on January 31 had offered Dassault the multi-billion dollar deal to supply 126 combat aircraft to the IAF.

Rafale bags IAF`s USD 10 bn MMRCA deal

Last Updated: Tuesday, January 31, 2012, 17:22

After being ruled out of the race for IAF`s over USD 10 billion contract for 126 M-MRCA, French contender Rafale has reportedly bagged the contract.