Leasing Defence Equipment – Faster, Cheaper, and Effective

Defence Acquisition Procedure (DAP) 2020 that became effective last year, was meant to hasten the procurement process. It introduced for the first time the option for the armed forces to procure military equipment on lease. Given the resource crunch facing the Indian armed forces, the option of leasing would be a handy option for theContinue reading “Leasing Defence Equipment – Faster, Cheaper, and Effective”