India signs ₹1.82 trillion defence contracts in first nine months of FY26

Exam-focused facts from the 2 January 2026 current affairs briefing.

Key facts

Contracts worth ₹1.82 trillion have been signed in nine months through December to acquire weapons and equipment for the armed forces.
Approximately ₹1.2 trillion of the ₹1.49 trillion capital-acquisition budget for FY26 had been utilised by the third quarter ending December.
The Ministry of Defence (MoD) total budgetary allocation for FY26 is ₹6.81 trillion, of which ₹1.8 trillion—over 26%—is earmarked for capital outlay on defence services.
The MoD aims to double the usual 10% increase and seek a 20% rise in the modernisation component for the FY27 defence budget.