The Defence Ministry on Monday issued four tenders worth over Rs 15,000 crore for the acquisition of warships and craft for the Navy and the Coast Guard. "While the RFP for 6 Next Generation Missile Vessels (NGMVs) has been issued to seven shipyards, RFPs for 8 Fast Patrol Vessels (FPVs), 12 Air Cushion Vehicles (ACVs) and 8 Missile-cum-Ammunition Barges have been issued to shortlisted Indian shipyards," the ministry said in a release.

Defence Ministry issues 4 tenders of over Rs 15,000 crore for Navy, Coast Guard vessels

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Defence Ministry issues 4 tenders of over Rs 15,000 crore for Navy, Coast Guard vessels