Indian Government has approved the purchase of 10 missile-armed Heron TP drones from Israel. The proposal worth $400-million, will help Indian Air Force to enhance India's cross-border military strike capability. Heron drones can carry a payload of over 1,000 kg and will be equipped with air-to-ground missiles that detect, track and take down...
‘Buy & Make’ in India attracts 2 lakh Crores worth defence order
In order to boost indigenous manufacturing, Indian government has placed Defence orders worth Rs 2 lakh Crores under ‘Buy and Make’ in India category in the last one year. Also, over the next seven years it is expected to spend USD 130 Billion on Defence forces and additional USD 110 billion on homeland...
Indian Armed Forces to get first lot of ATVs by year-end
Tata Motors is most likely to deliver the first lot of terrain defence vehicles (approximately 40 units) by end of this year. The contract worth Rs 900 Crores for over 1,200 All Terrain Vehicles (ATVs) for the Indian Armed Forces is to be delivered over the next two years. The 6x6 heavy mobility...
Aequs Aerospace opens up the largest aerospace machining facility in India
Aequs Aerospace, previously known as QuEST Global Manufacturing, has come up with an aerospace machining facility in Karnataka’s Belgavi district to supply components to France’s Airbus Group. Aequs will be investing around $50 million in the aerospace component manufacturing facility over the next five years. Situated on the 250-acre Aequs Special Economic Zone...
India asks Russia to test flight its FGFAs
India has asked Russia to allow its pilots to test fly its fifth-generation fighter aircraft (FGFA) to evaluate its capabilities. The flight-testing will help decide the way forward on the collaboration between the two countries on the FGFA. The FGFA is a fifth-generation fighter being developed by Russia and India. However, India is...
Vendors to disclose foreign partners and ToT source for Air Defence Gun deal
The defence ministry has asked all the Indian vendors, who are keen to participate in Rs 16,000 crore contract for mega Air Defence Gun - to disclose their foreign collaborators, as well as the source of technology and production capability. The Army has asserted that it would not consider any Indian company for...
Private sector allowed to produce specialist ammunition for Army
Defence Ministry has approved the proposal to allow private manufacturers to produce specialist ammunition for the Indian defence. Till date the armed forces source specialist ammunition either from Ordnance Factories Board (OFB) or through imports. As per the latest CAG report on Ammunition, army was lacking with the targeted quantity, leading to shortfalls...
FDI in Mahindra Telephonics
Telephonics Corp obtained the Foreign Investment Promotion Board approval to raise its stake in Mahindra Telephonics Integrated Systems Ltd. The joint venture company to raise the stake to 49% from 26%. Mahindra Defence, which is part of Mahindra Group, currently owns 74% of Mahindra Telephonics.
Source:http://economictimes.indiatimes.com/news/defence/us-telephonics-corporation-to-hike-stake-in-mahindra-defence-jv-to-49-per-cent/articleshow/48789752.cms...IAF interest in Scorpion
Indian Air Force (IAF) is keen on the US offer of Textron’s AirLand Scorpion light-attack and intelligence, surveillance, and reconnaissance (ISR) aircraft. The twin-seat platform is an intermediate jet trainer, costing about $20 million and about around $3,000 per hour to operate.
Source: http://www.financialexpress.com/article/economy/iaf-keen-on-us-scorpion-aircraft-offer/130244/...HAL plans to involve industry in LCA
Hindustan Aeronautics Ltd seeks to lighten manufactures the Light Combat Aircraft (LCA) burden and is planning to pass on largest chunk of producing the fighter plane to industry. It is working on a process to rope in eight to 12 large industry partners as tier-1 or tier-2 suppliers of bigger ‘modules’ or structures.
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