Indian Government and Defence Ministry has increased the Foreign Direct Investment (FDI) limit up to 49% from the previous 26%. The current FDI in Defence sector is also subject to the condition that the management of Applicant Company / partnership should be in Indian hands with majority representation on the Board as well...
Upgradation of Brazilian Helos
The Brazilian Navy's is going for upgradation of its eight Lynx Mk21A helicopters by AgustaWestland. The worth of the deal is around $160 million and first helicopter is scheduled to return in the second half of 2017. The upgrade includes replacement of helicopter Rolls-Royce Gem engines with the LHTEC's CTS800-4N. Also an avionics...
Russian Navy to get four Minesweepers
The Russian Navy is planning to acquire four new naval minesweepers, designed by state-owned Almaz Central Marine Design Bureau. The first ship “Alexandrit-class vessels” scheduled for the fourth quarter of 2015 and the remaining three from 2016 to 2018. The ships weigh 890 tons, are 61 meters long and 10 meters wide. The...
Turkey’s Roketsan, SAAB Dynamics signs MoU
Turkey's state-controlled missile maker, Roketsan, has signed a business cooperation agreement with Sweden's Saab Dynamics for short- to medium-range anti-tank missiles.
...Boeing completes MSA systems testbed trials
US based manufacturer Boeing has recently completed missions systems and sensor installation of the Bombardier Challenger 604 Maritime Surveillance Aircraft (MSA) test bed, ahead of ground and flight trials which in turn will lead onto customer demonstrations. The MSA is basically for those operators looking for a maritime surveillance platform but without the...
Sikorsky-Lockheed Martin bags CSAR Helicopter Contract
The United States Air Force (USAF) recently awarded Sikorsky-Lockheed Martin team a $1.3 billion contract for the Combat Rescue Helicopter program. The deal includes 112 Sikorsky Black Hawks outfitted with Lockheed mission equipment which are to replace HH-60G combat search-and-rescue helicopters that are being currently used by the USAF. The contract awarded Thursday...
Indonesian Navy buys two OSVs
The Indonesian Navy has placed order worth USD100 million for two new 60m offshore support vessels (OSVs) to the France's shipbuilding company OCEA SA. The vessels which will be armed with one 20 mm and two 12.7 mm guns are primarily for maritime surveillance and oceanographic purposes. The 500-tonne OSVs will have a...
Update on Poland’s Air Defense Contract
Poland has shortlisted US manufacturer Raytheon and French-led consortium Eurosam - Thales and the European defense firm MBDA - as bidders for a contract to build its air defense system. Poland's defense group PHO would partner up with the winning bidder which is expected to be announced by the end of the year....
Tata-RUAG inks pact for producing wings, fuselage
India's Tata Advanced Systems has entered into a partnership with Swiss aerospace and defence firm RUAG Aviation to manufacture fuselages and wings for the Dornier 228 aircraft. The investment is expected to be around Rs 500 crores in the first phase. This project is the fourth aero structures unit to be set up...
India’s In-Flight Refuelling aircraft deal
Indian Air Force still have to wait more for its requirement to have in-flight refuelling aircraft, as Indian Defence Ministry has sought legal opinion on the change of manufacturer's name after its much touted re-branding exercise. In 2013, India has selected and negotiated for six A330 Multi Role Tanker Transport (MRTT). Though the...