Indias government-owned defence electronics manufacturer, BEL has announced that its joint-venture with Thales to develop radars has been approved by the Indian Foreign Investment Promotion Board (FIPB) but is still awaiting approval from the government. Speculation is rife that the JV with Thales has got delayed due to a delay in the MMRCA deal between the Indian MOD and Dassault
AgustaWestland has sought release of payment from the Indian MoD on grounds that it is performing its part of the contract in the supply of 12 VVIP helicopters to India. In separate communications to the Indian MoD and the External Affairs ministry, the company has invoked the performance clause in the contract
India and Japan are close to signing a deal to supply amphibious planes to India making this the first sale “of hardware used by the military since a weapons export ban was imposed”, according to reports. With Indian Prime Minister Manmohan Singh currently on a four-day visit to Tokyo, both parties are set put in motion the purchase of the US-2, a domestically-developed aircraft used by Japan's armed forces
With the UAV market expanding into a multi-billion dollar industry around the world, companies are quickly launching their birds into new markets. The PD-100 Black Hornet Personal Reconnaissance System (PRS) is the worlds first operational nano UAS system will be marketed to NATO countries next year, ProxDynamics told Defenseworld
Lockheed Martin Corporation announced that its board of directors has approved the appointment of Orlando Carvalho, 54, to executive vice president of the Aeronautics business area, and Lorraine Martin, 50, as vice president and general manager of the F-35 Lightning II program. The board also elected Martin a corporate officer
India plans to give first right of refusal to domestic companies in defence equipment purchases in a set of far reaching changes planned for its procurement policy in the wake of the AgustaWestland helicopter bribery scandal. The first right of refusal will be available for Indian government owned companies and also privately owned companies owned by Indian entities, the Times of India newspaper reported quoting unnamed sources in India's Ministry of Defence (MoD)
As India prepares to announce the winner of the $10 billion FICV project sometime this year, Textron is in talks with Ashok Leyland (ALL), Larsen & Toubro (L&T), Bharat Forge, Tata Motors and Mahindra & Mahindra (M&M) to supply the avionics and other sub systems for the vehicle. “We are in discussion with the Indian industry to come on as partner for the project which is likely to take place in April
Japanese aircraft maker ShinMaywa is hoping to supply the US-2 amphibious short take-off and landing (STOL) aircraft to the Indian Navy which is currently looking to induct new naval aircraft. In 2011, ShinMaywa was granted permission by Japanese government to respond to a global request for information (RFI) by the Indian Navy In an interview with Defenseworld
AgustaWestland has termed the allegations of bribery relating to the sale of 12 VVIP helicopters to India as “baseless” at Aero India 2013. “The truth has prevailed,” said Geoff Hoon, AgustaWestland's Managing Director for International Business in an interview with defenseworld
The Russian Aircraft Corp., MiG showcased its latest simulator on the first day of Aero India 2013 in Bangalore