Archive · 19 Jun 2025
Defense Stocks Rise as India Seeks AMCA Development Bids
The Indian government wants to build a new, advanced fighter jet called the AMCA.
They're asking Indian companies to help.
Companies can now submit their plans to build the jet.
Stocks of defense companies went up because of this news.
The government agency ADA is leading the project and has specified that the project is expected to take around 8 years to complete.
ADA invited interest from Indian companies for the development of the Advanced Medium Combat Aircraft (AMCA).
Several defense stocks experienced gains, including Mazagon Dock Shipbuilders and Bharat Dynamics.
The Aeronautical Development Agency (ADA) issued an Expression of Interest (EOI) on Wednesday.
The contract duration for development, prototyping, flight tests and certification will not exceed eight years.
Defense Minister Rajnath Singh approved the AMCA Programme Execution Model in May.
- Who
- The Aeronautical Development Agency (ADA), Indian Companies, Defence Minister Rajnath Singh
- What
- The Aeronautical Development Agency (ADA) invited interest in developing the Advanced Medium Combat Aircraft (AMCA).
- When
- The Expression of Interest (EOI) was issued on Wednesday. The contract duration will not exceed eight years.
- Where
- India
- Why
- To develop advanced medium combat aircraft (AMCA).
- Project
- Advanced Medium Combat Aircraft (AMCA)
- EOI Issuer
- Aeronautical Development Agency (ADA)
- Contract Duration
- Not exceeding eight years
- Approval
- AMCA Programme Execution Model approved by Defence Minister Rajnath Singh
- Ministry
- Ministry of Defence (MoD)
