India likely to seal a $4-billion contract with Russia for the purchase of four missile-carrying frigates, to be called - Project 11356. The contract would be based on the “two plus two formula”, wherein two frigates will be built in Russia and sent to India, whereas another two will be built at the...
MoD seeking extra funds for modernization
Indian Ministry of Defence (MoD) is seeking an additional Rs 22,000 crore from the government for defence modernisation at the Revised Estimates (RE) stage. Till now the ministry is already spent 65 per cent (Air Force - 82%, Navy -57% and Army- 55%) of its budgetary allocation for capital expenditure.
Offshore patrol vessel handed over to ICG
Indian Coast Guard have received an offshore patrol vessel (OPV) named "Vikram", developed in-house by Larsen and Toubro. This is the first of the seven vessels for which the Rs 1,432-crore contract signed in March 2015. The ship is fitted with one 30 mm automatic gun and two 12.7 mm gun with fire...
L&T to set-up Missile-Integrated Facility
India’s Larsen & Toubro (L&T) is all set to set-up its aerospace and defence facility at an investment of around Rs.500 crore, in a joint venture with French company MBDA. The facility will work on developing missile system, supply anti-tank guided missiles for coastal batteries and high-speed target drones.
...Defence Minister Meeting Defence Industry
Number of leading companies, keen to work on government’s “Make in India” initiative for the defence sector will meet Raksha Mantri Nirmala Sitharaman on Saturday morning to explore mechanism for gearing up the decision making. Some of the major programs awaiting decisions due to lack of capability in taking decisions includes artillery systems...
HAL Keen on FGFA
Hindustan Aeronautics Ltd (HAL) is strongly pitching Russia for going ahead with the fifth-generation fighter jet project. The project had inked an inter-governmental pact in 2007and in 2010, India had agreed to pay USD 295 million (Rs 1,897 crore) towards the preliminary design of the fighter. The Indian Air Force is understood to have reservations...
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Sukhoi upgrade
Russia and India are currently in talks to upgrade Sukhoi-30 MKI fighter jets. The IAF operates around 240 of these planes and another 32 are in line for delivery. The upgrade shall include long-range standoff missiles up to the range of 300 km and more powerful electronic jamming systems.
http://www.tribuneindia.com/news/delhi/india-russia-in-talks-to-upgrade-sukhoi/486368.html...US Keen for Indian defence deal
In the recent visit of Secretary of State Rex Tillerson to India, both the sides have discussed about their mutual interest in expanding maritime cooperation. The US also proposed India for Guardian UAVs, aircraft carrier technologies, the Future Vertical Lift programme, and F-18 and F-16 fighter aircraft. However, Pakistan has opposed supply of...
France pitching to sell more Rafale fighter
France is eyeing Indian defence requirement and has pitched for follow up order of additional Rafale fighter jets after delivery of 36 jets under a Rs 58,000 crore deal finalised last year.
https://timesofindia.indiatimes.com/india/eyeing-more-sale-of-rafales-french-def-minister-heads-to-india-next-week/articleshow/61168056.cms...JV by Cochin Shipyard
Cochin Shipyard is in the advanced stage of forming a JV with Hooghly Dock & Port Engineering Ltd for upgradation and modernisation of shipbuilding infrastructure at two shipyard sites in Kolkata, named “Hooghly Cochin Shipyard Limited (HSSL)”.In the JV, Cochin Shipyard Ltd will have 76 per cent stake and rest will be with...