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
First Raytheon-built Joint Stand-off Weapon (JSOW) or air-to-ground network enabled weapon has been delivered to the fleet. The JSOW completed initial operational capability earlier this month testing against sea and land targets, providing more lethality and accuracy for deployed air wings, Naval Air Systems Command said in a statement
The government of India announced changes to the countrys foreign direct investment (FDI) policy Monday, which allows 100 percent foreign investment in defense, civil aviation and pharmaceutical sectors. Previously, FDI in the defense sector was capped at 49 percent and now, 100 percent FDI will be allowed by the government on a case-specific basis, when “it is likely to result in access to modern and ‘state-of-art technology in the country”, an Indian Commerce Ministry statement said Monday
A US EA-18G Growler aircraft arrived at Clark Air Base in Pampanga on Wednesday for the training with FA-50 aircraft pilots of the Armed Forces of the Philippines (AFP), the US Pacific Fleet said Thursday. The Growler aircraft will also perform routine operations to enhance regional maritime domain awareness and assure that there is access to air and maritime domains in accordance with international law
North Korea had penetrated into the internal networks of the South Korean affiliates of two conglomerates and subsequently stole and deleted an approximate 42,000 documents including some containing military information. According to the National Police Agency (NPA), in July 2014 the North started hacking the networks of South Korean telecoms giant SK Group and the Hanjin Group which has the country's top flag carrier Korean Air Lines Co
Thales Group will showcase its new Ground Master 60 multi-mission radar at the Eurosatory exhibition. The Ground Master 60, the latest offering in the Ground Master family of air defense radars, features multi-mission radar offering on-the-move detection capacity, the company announced Monday
Iran has unveiled three homemade defense technologies, including a GPS system. They comprised a one-megawatt Local Positioning System (LPS) transmitter, which Iranian defense minister Brigadier General Hossein Dehqan said, would render the defense forces independent of the Global Positioning System (GPS), Press TV reported Wednesday
Saab has received an order worth SEK 1.1 billion to provide the Airborne Early Warning and Control (AEW&C) system to an unnamed customer
The US Navy awarded a contract modification to General Dynamics Mission Systems to build and deliver more than 30 new AN/USC-61(C) Digital Modular Radios (DMR) for new surface vessels and submarines. The software-defined radios are a mission critical communications hub for Navy vessels and submarines
The first squadron of Indias LCA Tejas fighter aircraft is expected to be formed on July 1 this year as the series production of aircraft has commenced this year. The IAF has also decided to place an order for an additional 80 Tejas in the advanced LCA MK1A configuration, an MoD release said