India Set to Approve $20 Billion Worth of Defense Projects

The programs include the Futuristic Infantry Combat Vehicle (FICV), the Tactical Communication System (TCS) and the Battlefield Management System (BMS). Israeli industries Rafael, Elbit Systems and IAI will compete for the BMS project

By mannat sharma - http://img.radiobras.gov.br/Aberto/index.php/Imagens.Principal.20.0.2013-01-26, CC BY 3.0 br, https://commons.wikimedia.org/w/index.php?curid=5148153

The Indian government is likely to approve long-pending deals worth around $20 billion by December 31, according to a report by The Hindu Business Line.

"These defense programs include the Futuristic Infantry Combat Vehicle (FICV), the Tactical Communication System (TCS) and the Battlefield Management System (BMS), all of which have been under discussions for almost a decade now. Once approved, these programs will enable the Indian Army to take a quantum leap in modern warfare systems," reads the report.

"Under the $12 billion FICV project, the government aims to purchase over 2,300 units of such vehicles for the Army. Firms that have been vying for the deal are L&T, Tata Motors, Reliance, Mahindra and Tata Power SED-Titagarh Wagons. The Ordnance Factory Board (OFB) has also been nominated for the deal. Globally, firms that have queued up for the FICV project are General Dynamics, Lockheed Martin, BAE Systems and Rheinmetall.

"For the BMS, some of the global OEMs queuing up for these projects are Israel Aerospace Industries, Rafael and Elbit of Israel; Thales and Nexter of France; Rhode & Schwartz of Germany; BAE Systems of the UK; Lockheed Martin, Raytheon and General Dynamics of the US; and, Selex of Italy."

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