The fate of the CQBs, close-quarter-battle carbines, to be decided Wednesday

The fate of the long awaited procurement of 93,895 close-quarter-battle carbines (CQBs), a deal worth $ 553.33 million which has been put on Fast Track Procurement (FTP), is expected to be sealed on Wednesday by the Defence Acquisition Council (DAC).

The DAC, headed by the defence minister Nirmala Sitharaman, in a meeting scheduled to take place Wednesday will take a decision related to the procurement. These carbines will be made in India under the Make in India initiative.

Speaking to Financial Express Online on condition of anonymity, a senior officer said, “If the DAC clears it today, there is still a long way to go. And it cannot be finalised overnight. The approval by the DAC is basically ‘approval in principle’.” Read More

You may also read!

Indian airports to now get body scanners as govt steps up security measures

Airline passengers having to raise their arms before physical frisking begins at airports will now be a thing of


Here is what you need to know about Jet Airways’ slot allocation

Jet Airways suspended operations for an interim but indefinite period of time exactly a week ago at 1900 IST.


2 Japanese P 3C Long Range Maritime Reconnaissance aircraft arrive in Goa to participate in joint exercise with Indian Navy

Two Japanese P 3C Long Range Maritime Reconnaissance aircraft arrived in Goa on April 23, 2019, to participate in


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu