Monthly Archives: June 2016

Su-30 MKI aircraft to have indigenous Multi-Function Displays

India’s Samtel HAL Display Systems (SHDS), a joint venture between Samtel Avionics and Hindustan Aeronautics Limited (HAL) has handed over about 1,000 units of indigenously manufactured multi-function display (MFD) to HAL for installation in India's frontline Sukhoi 30 MKI fighter aircraft.

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Centum Electronics acquires 51% stake in France’s Adetel Group

India’s Centum Electronics has acquired 51 percent controlling stake in France’s Adetel Group, with an option to increase it further at a future date. The deal would help Centum Electronics to accelerate growth, fill product portfolio gaps, improve market position, benefit from the use of even more advanced technology and establishing a wider,...

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India agrees to 100% FDI in defence via govt approval

India has permitted foreign companies to own as much as 100% equity in the local defence sector for modern and state of the art Technology through the government approval route. Till now the Foreign Direct Investment (FDI) regime permits foreign companies to own 49% in Indian units through the automatic approval route. FDI...

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DAC Meet on 25-June-2016; likely agenda

The Defence Acquisition Council (DAC) scheduled for meeting today and likely to consider the following acquisitions:-

  • M777 ultra-light howitzers worth $750-millions.
  • Armed Unmanned Aerial Vehicles (UAVs) from the US.
  • Two Boeing 777 VVIP aircrafts with missile avoidance systems.
  • 44,500 Carbines from Israel.
  • Spyder...
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India can export missile systems to friendly nations

Indian Government has given its consent to export the missile systems to friendly countries that have good relationship with India. The 10 percent of the missile capacity will be permitted to be exported if producers manage to get export orders subject to parameters set by the union government and External Affairs Ministry.

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India likely to finalise naval guns deal with Israel

Indian Ministry of Defence is working on the price negotiations with Israel's Elbit Systems for 747 Nos. of 12.7 mm naval remote weapon stations (RWSs) for the Indian Navy and Indian Coast Guard. The deal estimated to be worth Rs 19 billion (USD282 million) includes importing 136 RWSs with electro-optic modules off the...

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Govt allows appointing agents in defence

Indian Defence Ministry has allowed Foreign defence firms to appoint ‘agents’ to market their products in India. However, the Ministry has made some strict oversight which includes

  • Details of all Agents will be disclosed at the time of submission of offers and within two weeks of engagement of an Agent at...
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