HAL shares up 3% on bagging fresh order from defence ministry
The PSU has signed a deal worth ₹2,890 crore with the defence ministry for mid life upgrade of Indian Navy’s 25 Domier aircraft.
ministry of defence
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GeM portal clocks ₹1 lakh cr order value from defence ministry
50.7% of the total orders, amounting to ₹60,593 crore, have been awarded to micro and small enterprises by MoD buyers
Budget 2024: Allocation to specific ministries
Budget gives highest allocation to defence at ₹6.2 lakh crore in FY25
Budget 2024: Defence Is 13.2% Of Budgeted Expenditure
In FY24, seven ministries spent 55% of total expenditure
Defence ministry top procurer on GeM at ₹18,790.60 cr in FY24 so far
The ministry has so far contributed ₹72,225.30 crore in the gross merchandise value (GMV) of GeM.
Hindustan Shipyard signs ₹19,000 cr contract with defence ministry
HSL to supply five fleet support ships to the Indian Navy which will be employed for replenishing ships at sea with fuel, water, ammunition and stores.
This stock hits record high on winning ₹2,725 cr defence contract; do you own it?
The defence PSU stock has delivered strong returns of 455% in the last one year, rising from its 52-week low of ₹241.60 touched on July 1, 2023.
Bharat Electronics bags 10 contracts worth ₹5,498 cr from defence ministry
Of the total 10 contracts, two are air force projects, two are army projects and six are navy projects.
Bharat Electronics bags orders worth ₹4,300 cr; stock rises 2%
The PSU company has secured a contract worth ₹3,000 crore from the Indian Army and an ₹1,300-crore ordes from the Indian Navy.
Govt approves procurement of ₹70,500 cr-worth indigenously made weapons
Of this, the procurement of weapons by the Indian Navy accounts for ₹56,000 crore.
