Tag Archives: Indian Navy

The World’s Largest Arms Importer: India

India has increased the defense budget by 17.63% from the previous year. The total sits at $40.44 billion for the year 2012-2013. This growth in budget is needed to modernize the mostly Soviet-era equipment owned by the armed forces.   … Continue reading

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Indian Navy’s $1.5 Billion Aircraft Deal

The Indian Navy is seeking 9 medium range maritime reconnaissance (MRMR) aircrafts in addition to the 12 American P-8 that is being acquired at a cost of $3.1 Billion. The Indian Navy currently operates Dornier Aircraft, the Russian IL-38 and … Continue reading

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