NEW DELHI (PTI): The procurement of artillery guns through the Foreign Military Sales (FMS) route from the US Government has not progressed due to the cost issues, Rajya Sabha was told on Tuesday.
Besides, the vendor's (BAE Systems) proposal is also not fully compliant to the offset requirements, Rajya Sabha was informed.
"The case of procurement of artillery guns through the Foreign Military Sales (FMS) route from the US Government has not progressed due to the cost issues and vendor's (M/s BAE Systems) proposal not being fully compliant to the offset requirement," Defence Minister Manohar Parrikar said in a written a reply to a question in Rajya Sabha.
All capital procurements are carried out as per the Defence Procurement Procedure (DPP), which contains stringent provisions aimed at ensuring the highest degree of probity, public accountability and transparency, the Minister said.
Cost issues holding up artillery guns procurement from US: Govt
Other Related News
Vice Adm Dinesh K Tripathi appointed as next Chief of the Naval Staff
The Government has appointed Vice Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM, presently serving as the Vice Chief of the Naval Staff, as the next Chief of the Naval Staff with effect from the afternoon of April 30, 2024.
The Indian Air Force, in its flight trials evaluation report submitted before the Defence Ministry l..
view articleAn insight into the Medium Multi-Role Combat Aircraft competition...
view articleSky enthusiasts can now spot the International Space Station (ISS) commanded by Indian-American astr..
view article