New Delhi, Feb. 2 -- * IAF has contracted for C-295 MW aircraft from Airbus Defence and Space. Two squadrons have been equipped with the aircraft. The first domestically manufactured C-295 is likely to be delivered in 2026. The C-295 simulator has also been operationalised. * During FY 2025-26 MoD has allocated Rs. 64,811.68 Cr towards IAF Capital Budget. Out of which Capital Acquisition is Rs. 59,646.83 Cr and Capital Works is Rs. 5,164.85 Cr. * During FY 2025-26, MoD has allocated Rs. 55,000.00 Cr towards IAF Revenue Budget. Out of this Rs. 24,000.00 Cr is for Salary Head and Rs. 31,000.00Cr is for other than Salary (OTS) segment.
Published by HT Digital Content Services with permission from Vayu Aerospace & Defence Review....