Reliance Defence, promoted by Anil Ambani's Reliance Infrastructure, has partnered with German arms manufacturer Rheinmetall AG to produce ammunition in Maharashtra's Ratanagiri. As part of the agreement, Reliance Defence will supply the explosives and propellants for medium and large caliber ammunition to Rheinmetall.
Reliance Defence and Germany-based Rheinmetall have agreed on a 'strategic partnership' in the field of ammunition, officials on Thursday said.
The Central Bureau of Investigation has sought the statement of businessman Abhishek Verma's associate C Edmond Allen in connection with alleged bribe $530,000 he took from Rheinmetall Air Defence AG.
The Central Bureau of Investaigation has asked the defence ministry to blacklist six firms, including four international ones, for their alleged involvement in the Ordnance Factory Board scam.
"Three 155 mm howitzers (Dhanush) have been handed over to the army recently for user's trial," GCF's Joint General Manager and PRO Sanjay Shrivastava told PTI today.
Flexible, maneuverable, mobile and swift, the M-777A2 Ultra-Light Howitzers are just what India needed to replace its aging battle-tested Bofors guns, says Debalina Ghoshal.
Even while rejecting Israel Military Industries' petition, the court has effectively granted foreign vendors the constitutional right to be treated equally with Indian companies.
We get tangled up in our own crooked web on purchases, and the murky arms bazaar knows it, says Shekhar Gupta.
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