14 July 2015

News Story: Tender Axed, but India Still Needs New Rifle

By Vivek Raghuvanshi

NEW DELHI — The Indian Army continues its quest to procure new assault rifles after the Ministry of Defence canceled a 2011-launched global tender worth $1 billion because, an MoD source said, none of the competitors could meet the requirements.

The Army's need for advanced assault rifles to replace its unreliable Indian Small Arms System (INSAS) rifles is urgent, an Indian Army official said.

"It is disappointing to know that after four years of the procurement process, a tender for buying assault rifles had to be canceled," the Army official said. "Surely something is wrong in the procurement process."

The companies involved in the final competition — Italy's Beretta, US company Colt, Israel Weapon Industries and the Czech Republic's Ceska — have been informed of the decision, the MoD source said.

Read the full story at DefenseNews