Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Business

DRDO invites pvt cos as strategic weapon partner

In a significant shift, the Defence Research and Development Organisation (DRDO) has opened its doors to private companies to partner in the development and production of strategic weapons. This marks the first time DRDO has sought expressions of interest from companies for its upcoming weapon systems. These systems, which include strategic missiles like the Agni series and future nuclear weapon variants, including submarine-launched ones, will be produced by Indian firms based on technical and financial qualifications.

The private sector companies will be evaluated based on their industrial licensing for defence manufacturing, PESO license for handling explosives, minimum turnover, net worth, and track record of executing large-scale production orders. Once selected, the companies will collaborate with DRDO to develop prototypes and secure orders as the strategic forces place their bulk purchases.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

More in Business

Russia Pushes Ahead With Uzbekistan Nuclear Plans Despite Money Troubles

Despite apparent financing difficulties hovering over the construction of nuclear reactors in Uzbekistan, the Russian nuclear agency Rosatom has announced it is developing a training program for Uzbek…

  • Russia's Rosatom pushes forward with Uzbekistan nuclear training plans.
  • Training center to educate hundreds of Uzbek technicians near Jizzakh region.
  • Financing challenges and Western sanctions impact Rosatom's operations.

More from Tuesday 18 August →