Try GOLD - Free
₹1,980-cr defence contracts sealed
Financial Express Lucknow
|June 25, 2025
THE DEFENCE MINISTRY has concluded 13 contracts worth ₹1,980 crore under the emergency procurement mechanism to boost the Indian Army's operational readiness in countering cross-border terrorism.
Under the acquisition programme, the Army's integrated drone detection and interdiction systems are being significantly enhanced, officials said.
India has been ramping up the counter-terror grid of the Indian Army to strongly combat Pakistan-backed terrorism in Jammu and Kashmir.
New Delhi carried out precision strikes on nine terror infrastructures in Pakistani territories on May 7 in response to the horrific Pahalgam terror attack.
The defence ministry said it is procuring military systems like low-level lightweight radars, very short-range air defence missiles and launchers, remotely piloted aerial vehicles and loitering munitions, including vertical take-off and landing systems.
The ministry has concluded contracts, amounting to ₹1,981 crore as against an overall sanctioned outlay of ₹2,000 crore for the Indian Army.
Deal to produce F-414 jet engines to be sealed by March
This story is from the June 25, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Focus on education, skilling, employment
DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING
1 mins
January 12, 2026
Financial Express Lucknow
Modi pitches stability as firms commit to state
PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.
1 mins
January 12, 2026
Financial Express Lucknow
Govt seeks source code...
LAST MONTH, IT revoked an order mandating a state-run cyber safety app on phones amid concerns over surveillance.
1 min
January 12, 2026
Financial Express Lucknow
Digi Yatra to add 17 airports as adoption rises to 30%
TRAVELLING THROUGH INDIAN airports is set to get faster and less stressful for a large chunk of Indian flyers as Digi Yatra gears up to add its biometric-based travel system across 17 additional airports during the current financial year.
1 mins
January 12, 2026
Financial Express Lucknow
X admits lapse on Grok AI content; removes 3.5K posts, 600 accounts
COMPLIANCE PUSH
1 min
January 12, 2026
Financial Express Lucknow
Integration & accountability to drive next phase
Co-founder and vice-chairman, AIONOS AI MARKS
1 min
January 12, 2026
Financial Express Lucknow
Modi-Merz meet today; key agreements on agenda
INDIA AND GERMANY are set to sign a series of agreements on semiconductors, critical minerals, skill development, and a defence and security roadmap during German Chancellor Friedrich Merz's meeting with Prime Minister Narendra Modi in Ahmedabad on Monday.
1 mins
January 12, 2026
Financial Express Lucknow
In search of differentiation
MATTRESS MAKERS ARE HANGING THEIR HATS ON EMOTION, NOT SPECS
2 mins
January 12, 2026
Financial Express Lucknow
Goods shipments to China buck trend, grow at a fast clip
INDIA'S SHRIMP EXPORTS facing tariffs up to 58% in the US have found a new, fast-growing market in China.
1 mins
January 12, 2026
Financial Express Lucknow
RBI advocates disclosure of NPA; banks approach CIC
FOUR MAJOR BANKS — Bank of Baroda, RBL Bank, Yes Bank and State Bank of India — have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records “liable to be disclosed” under the RTI Act.
1 min
January 12, 2026
Listen
Translate
Change font size
