Topic
defencecontracts
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Conflict & Security · IndiaIndian Navy to get eight new corvettes for ₹53,866 crore
The Indian Ministry of Defence has signed contracts worth ₹53,866.50 crore for eight Next Generation Corvettes for the Indian Navy. Garden Reach Shipbuilders & Engineers Limited will build five, and Goa Shipyard Limited will build three. This marks the first time the Navy has indigenously designed ships to be built by public sector undertakings.
India3 min readTrust 60 · Craft 65 · Hype 20
Politics · United StatesUS triples PAC-3 production in missile defence expansion
The US Department of War signed agreements with Northrop Grumman on 29 July 2024 to triple production of PAC-3 interceptors and quadruple output of THAAD components, part of an administration push to expand missile defence capabilities. No cost estimates were announced.
United States3 min read