Indian defense manufacturers will benefit from offsets and access modern technology with the governments move to allow Foreign Direct Investment (FDI) to 100 percent in the sector, M N Vidyashankar, President, India Electronics and Semiconductor Association said. “With the FDI the MNCs (multi-national companies) wanting to invest in India will need local backup, resources, and manufacturing capabilities and comforts to deal with local vendors
Airbus Defence and Space has placed an order for the development and provision of a Full Flight Simulator (FFS) to support the training of crews on the A330 Multi Role Tanker Transport. The contract, signed with Indra of Spain, covers the installation at the Airbus Defence and Space International Training Centre in Seville of a Level D FFS, which is certified to qualify pilots on the A330 MRTT with zero flight time in the real aircraft
Honeywell has been awarded the US Air Force contract worth $75 million for the Versatile Affordable Advanced Turbine Engines (VAATE) III & Beyond program. “This contract increases the not-to-exceed ceiling for the VAATE program, which is a multiple government agency and industry joint effort to develop revolutionary and innovative technologies by the 2017 timeframe that will permit an order of magnitude increase in turbo-propulsion affordability over the year 2000 state-of-the-art technology,” the US Department of Defense announced Monday
India is mulling to export missiles to certain friendly countries as missile production has seen an increase in the nation, Defense Minister said Friday. Defence Minister Manohar Parrikar, speaking at a programme to mark the inaugural flight of HTT-40, said that Brahmos will be among the missiles that would be exported
The worlds first autonomous passenger drone has been given clearance for testing in Nevada. The electric passenger drone Ehang 184 manufactured by Chinese Ehang can carry a person in the air for 23 minutes
The US Missile Defense Agency successfully tests Orbital ATKs enhanced MK 136 Third Stage Rocket Motor (TSRM) nozzle on the Raytheon Standard Missile (SM)-3 Block IB in Controlled Test Vehicles (CTVs)-01a/02. These flight tests were conducted on May 25 and 26, 2016, respectively, at the Pacific Missile Range Facility
Indias Defence Ministry said Sunday that all ongoing tenders for defence equipment won by Italys Finmeccanica will be cancelled. Defence Minister Manohar Parrikar told PTI that the process for blacklisting Finmeccanica and its subsidiaries was already under way, and the Law Ministry had been sent a note
US lifting a 50 year old arms embargo against Vietnam should have Russia worried as Moscow currently meets over 80% of Hanois defence imports in value terms. Russia recent despatched the last of six Kilo-class submarines as part of a procurement contract worth US$2 billion signed in 2009
The US Defense Advanced Research Projects Agency (DARPA) has selected BAE Systems to develop an undersea navigation system aimed at enhancing the US Navys ability to provide precise, global positioning throughout the ocean basins. The contract will support a program called the Positioning System for Deep Ocean Navigation (POSYDON), which seeks to allow undersea vehicles to accurately navigate while remaining below the oceans surface
The procurement of 12 amphibious Aircraft from Shinmaywa of Japan which has been held up due to bureaucratic procedures in India could face further headwinds following the release of new defence procurement procedures(DPP). The procurement proposal had gone up to the Defence Acquisition Council (DAC), India's supreme defence purchase body chaired by the defence minister, which delayed an expected go-ahead to the deal last year for reasons not disclosed