India Shifts Defense Procurement Focus From Foreign to Local
In his first Defense Acquisition Council (DAC) meeting earlier this week, Defense Minister Arun Jaitley cleared proposals for the replacement of Indian Air Forces Avro transport aircraft fleet, supply of Advanced Light Helicopter Dhruv for the Coast Guard and Navy at US $1.2 billion and the US $1
Defense Capital Outlay Could Be Insufficient For Procurement Commitments
India hiked its military spending by 12.43%
India Raises Defense FDI to 49%, to Speed Up Procurement
India will increase foreign direct investment (FDI) in defense from 26% to 49% to attract international companies to set up manufacturing units in India. However, the move disappointed many industry analysts who were expecting up to 74% FDI
Relief Likely For Blacklisted Defense Companies In India
Blacklisted defense companies may continue to do business with India until charges against them are proved; the Indian MoD is understood to have made this decision, according to media reports. The decision was reportedly made at a recent meeting of senior MoD officials and Indian Defense Minister, Arun Jaitley
India To Have Security Manual for Defense Equipment manufacturer
After streamlining industrial licensing on defense equipment last week, India has issued a set of security guidelines for all licensed defense equipment manufacturing companies. According to the Indian Express newspaper, the guidelines are to elaborate physical defense systems
India Streamlines Industrial Licensing on Defense Equipments
Indias Ministry of Commerce and Industry has streamlined various defense items requiring licensing to boost defense production. The notification released on June 26, 2014 has restricted the conditions of defense license to Tanks and other armor fighting vehicles, defense aircrafts, space craft and parts thereof, warships of all kinds and arms and ammunition and allied items of defense equipment, parts and accessories
Developing Countries Fighter Aircraft Challenge Western Military Planes
The sky high cost of fighter aircraft acquisition is forcing developing countries to embark on their own programs in the process challenging the price and performance of American and European fighters. Turkey, South Korea, India, China and Pakistan claim to beat out western aircraft on cost
Chinese Military Spent 7 Years Hacking US Aerospace Industry, Cyber Firm Says
A group of hackers supposedly affiliated with the Chinese military has spent years infiltrating the American aerospace industry and US trading partners in the space industry, a US cybersecurity company CrowdStrike said Monday. Officials from CrowdStrike accused the Shanghai-based unit 61486 of the Peoples Liberation Army 12th bureau of attacking American and other western networks in cyber-assaults that date back at least as far as to 2007, according to reports
China Improving Military Capabilities, Picks Up Modernization Pace: Report
China is rushing to modernize and improve its military capabilities, according to an annual US Department of Defense report to Congress. The “Military and Security Developments Involving the Peoples Republic of China for 2014” report said China is also preparing for contingencies in the South and East China Seas where Beijing has been involved in increasingly tense territorial disputes with its neighbors
India To Allow 100 Percent FDI In Defense?
India may allow 100 per cent foreign direct investment in defence to help increase domestic manufacturing. The department of industrial policy & promotion (DIPP) has prepared a draft Cabinet note that proposes the plan
China’s Galloping Defence Exports
Chinas military industry has over the last five years supplied major weapons to 35 developing countries. While there are no official figures of actual sales, experts estimate this number to be in the billions
It’s Boom Time for Defense Procurement in the Philippines
Defense procurement is set to balloon in the Philippines with contracts worth approximately $2 billion awarded and in the pipeline in the first half of 2014. Against the backdrop of the Manilas first-ever defense exhibition, the ASIAN DEFENCE, SECURITY & CRISIS MANAGEMENT EXHIBITION & CONFERENCE (ADAS), July 16-18 2014, Defenseworld
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Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
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Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...