India revises defence acquisition policy yet again
India released its much-awaited Defence Procurement Procedure, now under the avatar of Defence Acquisition Procedure (DAP), on 30 September. Although over 600 pages long, it has a clear vision.
Realising that cash is at a premium, the DAP for the first time includes leasing of equipment ‘to enable operating of assets without having to substitute huge initial capital outlays’.
According to Sandeep Singh, Vice Chief of Air Staff, pre-owned aircraft plans include air-to-air refuellers. Shephard also learned the first contract could go to low-hanging fruit like coast guard medium maritime aircraft.
Firsts are the MoD’s right to optimise lifecycle
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Leonardo CEO urges “speed as important as money” as joint ventures progress picks up
The company’s Q1 2025 results showed a 20% increase in new orders and a 15% increase in revenue across the business.
-
Rheinmetall vehicle sales almost double as European companies see continued growth
Results for Q1 2025 have been strong across the board for many defence companies in Europe with forward-looking statements and predictions for the full year also looking good.
-
Why is the defence market “exploding exponentially” for autonomous targeting capabilities?
Solutions that identify, engage and destroy targets with minimal or no human intervention are becoming critical on tomorrow’s battlefield.
-
Companies post mostly rosy results but warn of potential dark clouds
First quarter 2025 results have been dropping for companies in the past week but many of the US results come with a health warning in their forward-looking aspects about the potential impact of actions by the Trump administration.