The Defence Acquisition Council (DAC) on Thursday (March 20, 2025) approved guidelines to shorten the timelines of the defence procurement process along with preliminary approvals for procurement ...

The new guidelines are expected to reduce the timelines of the procurement process by 10-15%. The DAC, chaired by defence minister Rajnath Singh, also accorded Acceptance of Necessity, the first ...

Chief of defence staff (CDS) General Anil Chauhan on Wednesday flagged concerns about slow defence procurement procedures ... steps to tighten acquisition timelines and simplify weapon-buying ...

By compressing the timelines of the capital acquisition process, the defence ministry wants faster decision making when it comes to procurement of high end platforms. It wants to hold both the ...

Canada's Prime Minister Mark Carney pledges to boost military spending above NATO's 2% GDP target, strengthening national ...

OFPP, GSA and FAR Council will lead an effort to remove any FAR provisions that aren’t required by law or absolutely necessary.

Sprinkler installation companies face several procurement challenges that can slow down projects and increase costs. Among these are delays in obtaining essential components, fluctuating material ...

GSA, NASA and the Office of Federal Procurement Policy are working to create a ... the source said. The entire process is on ...

The recent tariffs imposed by the Trump administration mark a significant shift in U.S. trade policy that is expected to have a wide-ranging ...

Putting the pharmacy benefits manager (PBM) business "out to bid ... consider this timeline: While minimizing member disruption is important, it shouldn't be the primary priority during PBM ...

New Delhi:As part of a mega-modernisation overdrive, defence ministry plans to triple the number of defence contracts this year as it seeks to simplify the procurement process in 2025, which has ...

March was an important month with India and New Zealand resuming talks for a proposed FTA and smartphone exports from India exceeding projections in the first 11 months of FY2025 ...