The insightful articles, inspiring narrations and analytical perspectives presented by the Editorial Team, establish an alluring connect with the reader. My compliments and best wishes to SP Guide Publications.
"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"
Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
Acquisition of weapons and equipment for defence forces is a complex activity and is carried out in accordance with the provisions of Defence Procurement Procedure (DPP). As per broad timeframe given in DPP, it takes about 80-137 weeks to complete the various stages of procurement and conclude the contract, the Defence Minister A.K. Antony has said in the Parliament.
However, delays sometimes occur in procurement cases due to several reasons, such as insufficient and limited vendor base, non-conformity of the offers to the request for proposal (RFP) conditions, field trials, complexities in contract negotiations and long lead time for indigenisation. Defence acquisitions are normally based on fixed price contracts. There are contractual provisions for penalties including imposition of liquidated damages for delay in execution of contracts.
To counter systemic and institutional delays, procedures are continuously reviewed and refined on the basis of experience gained during the procurement process.