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CA Barkha Kamra

3rd Jul · SEBI-Registered Analyst

DEFENCE MINISTRY: DAC TO CONSIDER KEY DEFENCE PROCUREMENT PROPOSALS

* Major defence acquisition push: The Defence Ministry is set to consider procurement proposals for HAMMER precision-guided bombs, VERBA very short-range air defence (VSHORAD) missiles, MP-ATGMs (Man-Portable Anti-Tank Guided Missiles), and High-Altitude Pseudo Satellites (HAPS), aimed at strengthening India’s precision strike, air defence, anti-armour, and surveillance capabilities. * Positive for defence ecosystem: Approval of these proposals could create fresh order opportunities for defence PSUs and private players involved in missile systems, ammunition, electronics, drones and surveillance technologies, including $BEL , $BDL , $SOLARINDS , $DATAPATTNS and $PARAS .

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