Turkey may consider renegotiating a possible $3.4 billion HQ-9 long range air and anti-missile defense systems deal with China
Nexter Systems and Krauss‐Maffei Wegmann today signed an agreement to merge into a Franco‐German defence technology group with a 2 billion euro turnover, 9 billion euro order book and over 6,000 employees. Nexter and its owners view this step as decisive for the consolidation of the defence technology industry in Europe
Dilution of stringent conditions, removing nomination based Defense Public Sector Undertaking (DPSU) contracts, and setting indigenization target with a time frame will encourage Indian domestic companies to take part in defense equipment manufacturing. The Indian government should set indigenization target within a time frame to encourage domestic companies to take part in Defense equipment manufacturing
Finmeccanica-Selex ES has won a contract from Qatar to supply “Low level radar” system to safeguard the airspace of the nations Armed Forces. The system is a composition of a network of KRONOS radars and associated command and control centres, the company announced today
Japans Mitsubishi has sought partnering with BAE Systems, Babcock for the Australian $50 billion submarine project. “Babcock and BAE had approached the consortium of Mitsubishi and Kawasaki with offer of help
Lockheed Martin has entered into an agreement to acquire Sikorsky Helicopters for US $9 billion with $1.9 billion in account tax benefits
Boeing and Tata Advanced Systems (TASL) to co-produce aero-structures and collaborate on integrated systems development opportunities, including unmanned aerial vehicles. The companies intend to access markets jointly for products and platforms developed together by Boeing and TASL
DCNS has offered the Shortfin Barracuda Block 1A as its pre-concept design for Australias future submarine Competitive Evaluation Process (CEP). The submarine, which DCNS claims to be “the worlds most advanced conventionally powered submarine,” takes its name from the Shortfin Barracuda, an indigenous species of the Barracuda found in Australias Great Barrier Reef
India is considering making use of local chips mandatory for defense, space and atomic energy sectors. According to a report by Economic Times, “the Make in India campaign is set to make the sectors source chips from local vendors to boost domestic semiconductor manufacturing business and also meet the national security standards
The Indian Defense Acquisition Council (DAC) is likely to take up clearance of Boeing Apache, Chinook helicopters and P-8I long-range maritime patrol aircraft tomorrow. Boeing earlier this week had agreed to extend the price deadline for Apache and Chinook procurement by three months after the earlier deadline ended June 30