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Monthly Archives: June 2017

Floating Dock Launched

L & T has launched first indigenously built Floating Dock (FDN-2) at its shipyard in Chennai with an investment of Rs. 5000 crore to facilitate in repair Indian Navy ships. It will be handed over to the Navy by year end for trials. It can take up to 8,000-tonne ships with draught up...

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SU-30MKI Upgradation

Russian Rosoboronexport in cooperation with Italy is likely to modernize India's Su-30MKI multirole air superiority fighters. The Indian Air Force has a fleet of over 200 Su-30MKI fighter jets built in India under the license, will undergo upgradation with the AL-41F turbofan engines designed for 4++ generation aircraft, currently being installed on the...

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P-8I Maintenance Contract

Indian Navy has signed a contract with Boeing worth $ 100 million for “Performance-Based Logistics” for the P-8I fleet over the next three years, as the previous contracts warranty service will expire on October 2017. Boeing will maintain spare parts, personnel and facilitate maintenance of defects or failures in the P-8I fleet aircraft.

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TASL-LM Tie Up

Tata Advanced Systems Limited (TASL) has signed an agreement with Lockheed Martin (LM) to produce F-16 Block 70 fighter jets. The agreement will enable TASL to integrate Indian sensors and systems into the high-technology and future upgrades for the aircraft. Saab Gripen is a keen competitor in single engine fighter segment with offer of...

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Landing Platform Docks (LPDs)

The commercial bids for landing platform docks (LPDs) a project estimated $3 billion are to be submitted by 22 June 2017. Likely Competitors are Reliance Defence in partnership with DCNS, and L&T with Naventia. Technical Oversight Committee (TOC) will scrutinize the bid and after commercial negotiations order likely by year end. Read more

Aequs Plan to Scale up

Aequs plan to manufacture critical defence equipment for Indian army and Air force, through Joint ventures with foreign partners. The firm has already signed an agreement to set up the unit at a cost of Rs.500 crore. The equipment to manufacture includes aircraft Landing Gear, Engines and Actuators. Aequs has a business target...

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Dassault Offset

Dassault Aviation is   likely to select about 60 Indian IOP for about 25 OEMs and Tier-1 to kick-start offset partnerships for the $4.42 billion of offset obligations in Rafale deal. Understood, the major share likely to be in direct purchase and an investment up to 30% in military aeronautics-related research programs and 20 % fund will be...

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