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Showing posts with the label Sig Sauer Assault Rifle

Carbine deal a benchmark to invest in India, says UAE arms firm Caracal

UAE's state-owned arms manufacturer firm keen to set up facilities. The CAR family CQBs displayed at Idex 2019 The deal for 93,895 Close Quarter Carbines (CQBs) for the Indian Army, for which United Arab Emirates (UAE)’s government-owned small arms manufacturer "Caracal"  was shortlisted, is like a “benchmark” for UAE industry and they are watching closely on further investments in the Indian market, said Hamad Salem Alameri, Chief Executive Officer (CEO) of Caracal. “Once this first contract moves, lot of sister companies within the group will see this as a success story and people will have the confidence to come and invest in India,” Mr. Alameri said. He said this was the most important message that everyone is looking at and people are willing to come and invest in India and create jobs with the blessings of the two governments. However, while Caracal was shortlisted two years back, the final deal has been delayed and recently an in-principle decision was taken in th...

Indian Army to place order for 72,000 American assault rifles

Amid the ongoing dispute with China over boundary issue, the Indian Army is going to place another order of 72,000 Sig 716 assault rifles from the United States. Sig Sauer Assault Rifle The order for the second batch of the assault rifles would be coming after the first lot of 72,000 rifles, has already been delivered to the Army for use by troops in Northern Command and other operational areas. "We are going to place an order for 72,000 more of these rifles under the financial powers granted to the armed forces," Defence sources told ANI. The Indian Army had received the first lot of Sig Sauer assault rifles to boost its counter-terrorism operations. India had acquired the rifles under the fast-track procurement (FTP) programme. The new rifles will replace the existing Indian Small Arms System (INSAS) 5.56x45mm rifles used by the forces and manufactured locally by the Ordnance Factories Board. As per the plan, around 1.5 lakh imported rifles were to be used by the troops in ...