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Monthly Archives: July 2019

JV for Aerospace Components

Rialto Enterprises Chennai engaged in the manufacture of auto parts, and US-based Carr Lane Manufacturing have formed a 30:70 joint venture to make aerospace components for both domestic and export markets. The joint venture that will produce locating and camping components for aerospace and the foreign partner will contributes the technical know-how to...

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L&T MBDA JV SEZ in Coimbatore

L&T MBDA Missile Systems Ltd, a joint venture (51:49) between L&T and MBDA, has received in-principle approval from the government for its proposed unit for assembly of missile weapon systems at Special Economic Zone (SEZ) in Coimbatore. This will allow the company to carry out some preparatory work while waiting for its industrial...

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GRSE and CSL Get ASWSWC Order

GRSE and Cochin Shipyard were declared successful in the competitive bid for design, construction and supply of 08 Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) each. The Contract was signed on 29 Apr 2019 for the order value for 08 vessels is Rs. 6311.32 crore. The 1st ship is to be delivered within 42 months...

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Bharat Forge Acquires Aeron Systems

Bharat Forge has entered an agreement to acquire a 26% stake in defence technology company Aeron Systems, Pune, engaged in developing products including sensors, inertial navigating systems, and internet of things devices for sectors including defence, aerospace, and automotive.

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Thales & Kalyani Collaboration

Kalyani Group and Thales have formalized a new collaboration for the design, development, and manufacture of next-generation weapons systems, including variants of the F90 Assault Rifle for the defence and law enforcement sectors in India and abroad.

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MRSAM for Navy

Israel Aerospace Industries (IAI) has entered in follow-up agreements worth $93 million for services related to Naval Medium Range Surface-to-Air Missile (MRSAM) systems. IAI will provide complementary systems for the air defence system (ADS), and a range of maintenance and other services for various sub-systems. The contracts entered with the Indian Navy and...

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IAF Immediate Requirements

In addition to Shortage of Fighter Aircrafts, IAF has identified shortage of Airborne Warning and Control System AWACS, Software Defined Radios (SDR) and close-in weapons systems as immediate requirements.

IAF operates three Israeli Phalcon AWACS and two indigenous Netra Airborne Early Warning and Control (AEW&C) system developed by DRDO. The IAF was...

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HAL Cash Crunch

The MoD mainly IAF  owes HAL about Rs 14,000 crore for the year ending March 31, 2019, all for products and services  already delivered.  Data from 2003-04 to 2018-19 show that the cash balance has never been this low.  HAL’s order book as on March 31, 2019 stood at Rs. 58,000 crore for...

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Sniper Rifles

Units deployed along the Line of Control have been equipped with the Beretta .338 Lapua Magnum Scorpio TGT and the Barrett .50 calibre M95.  The personals have been trained by experts on the use of these weapons and the different kinds of ammunition to be used based on operational requirements. Barrett M95 The US Barrett M95 is...
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Naval Utility Helicopters (NUH)

Three  original equipment manufacturers (OEMs)  said to have submitted the  responses to an Express of Interest (EoI) floated by the defence ministry on 12 February for  Rs 21,738 crore procurement of 111 light Naval Utility Helicopters (NUH)  under “strategic partner” (SP) process.

Airbus has offered two platforms the H 145M and the...

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