Indian Prime Minister Dr. Manmohan Singh has asked his British counterpart David Cameron, who is on an official visit to New Delhi, for his aid in investigating the AgustaWestland bribery allegations
Former Indian Air Force Chief Air Chief Marshal S P Tyagi today strongly denied allegations that he was paid a multi-million dollar bribe to help AgustaWestland seal the VVIP helicopter deal. His statement comes a day after Finmeccanica CEO and Chief Executive Giuseppe Orsi was arrested in connection to the money laundering charges
Deals between India and AgustaWestland seem jinxed taking into account that this is the second time in two decades that a helicopter deal between the two has been dogged by scandals. In 1986, the Indian government under then Prime Minister Rajiv Gandhi agreed to purchase 21 Westland helicopters for the Indian Navy despite staunch opposition from experts who didnt want the helicopters in the fleet
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
The Russian Aircraft Corp., MiG showcased its latest simulator on the first day of Aero India 2013 in Bangalore
Earlier this week, Iranian President Mahmoud Ahmadinejad introduced his countrys latest indigenously developed fighter aircraft that can supposedly evade radar detection. The new jet known as Qaher F-313 or Dominant F-313 is said to be similar to the American F/A-18
The Pakistani Navy will receive the P3C Orion surveillance aircraft from U.S
Russia has sold $15.2 billion in weaponry in 2012, expanding its client base to include more African nations
Despite cuts in defense spending, several weapons and aircraft makers have reported a double growth in revenues. Boeing leads the competition with a 20
Israeli defense exports saw a 20 percent increase from 2011 with sales reaching $7 billion last year placing Israel between fourth and sixth in the world for weapons sales. Military exports have fluctuated widely in recent years, peaking at around $7 billion in 2009-2010