Indias Hindustan Aeronautics Limited and Russian defence firms have finalised the Joint Venture agreement to produce light weight multi-role 'Kamov 226T' helicopters in India. The document is awaiting formal registration with relevant bodies in the respective countries which is likely to take another "month or two", a top Russian defence executive was quoted as saying by
Russia is likely to to pitch an aircraft based on upgraded MiG-29KUB for the Indian Navys carrier based fighter jet procurement program, the RFI for which was issued last month. When asked if Russia is proposing any aircraft for the January 17 RFI, UAC First Vice-President Alexander Tulyakov said, “We have been working in connection with the upgrading of MiG29K, carrier based aircraft
India and Russia have entered final negotiations for the purchase of 48 Mi-17 helicopters following the conclusion of pre-contractual work earlier this year. The contract is estimated to be worth between US$700 million to $800 million, though officially there is no word on the pricing
The current edition of Aero India exhibition is witnessing a shift of priorities from buying to selling, marking an aggressive entry of Indian defence products in the global arena. Indian-made military products such as LCA Tejas, DRDO-made AEW&Cs, Astra missile, Pinaka Mk1 and Mk2 rockets, Rustom 1 & 2 UAV, warships and the Brahmos missile are getting prominence in talks with foreign delegations with an invisible “for sale” tag attached to them
The price of the Lockheed Martin F-35 Stealth fighter jet has fallen below the $100 million apiece mark eroding the global market for older generation aircraft such as the F-16, Boeing F/A-18 and Saab Gripen. F-35s price has come down from around US$200 million apiece to US$100 million in the last 3 years
Estonia has considered partnering with Finland to procure Hanwa Techwin K9 Thunder 155 mm self-propelled howitzers (SPH) from South Korea. Finland is expected to spend at least 100 million euros in the joint deal
Boeing has established a local operating entity Boeing Defense India (BDI) that will support the companys future growth in the country in the areas of services and support, sales and marketing, sourcing, manufacturing and engineering. Pratyush Kumar, president, Boeing India, will lead BDI and the expansion of the Boeing Global Services organization in India
Elbit Systems has won an approximately $110 million contract from an Asia-Pacific country for the upgrade and maintenance of dozens of Mi-17 helicopters. The project will be performed over a five-year period, the company announced today
Airbus which was single bidder in a 2013 Indian MoD RFP to sell medium military transport planes continues to be hopeful to bag the multi-million dollar contract. “As part of the Avro replacement programme of the Ministry of Defence (India), Airbus will support Tata Advanced Systems Limited (TASL) in setting-up a final assembly line for the C295W in India, once the contract is awarded
The US National Defense Industrial Association (NDIA) has appointed Ashley Bunce as Executive Director of Women In Defense. The NDIA affiliate, Women In Defense, supports the advancement and recognition of women in national security