International companies winning defence contracts in India will no longer be required to invest in direct defence equipment to fulfil offset obligations. An amendment to the policy made public today includes civil aerospace and internal security equipment too besides allowing offsets banking
Plans to provide troops in Afghanistan with a new generation of Light Protected Patrol Vehicle (LPPV) have passed an important milestone, the MOD announced today. Force Protection Europe has been selected as the preferred bidder, meaning contract negotiations will now begin to provide an initial order of LPPVs through the Urgent Operational Requirements (UOR) process
Defense and Security company Saab has awarded Terma a 55 MDKK contract for the development and production of an upgrade of the Reconnaissance Pod System for the Swedish Air Force Gripen fighter aircraft. Terma will deliver software and components for the upgrade to secure full day and night operability and thus support an enhanced flexibility and capability of the tactical surveillance system
Sikorsky Aircraft Corp. announced today that the Kingdom of Saudi Arabia's Ministry of Interior (MOI) has become the launch customer for the new S-70i helicopter
The presence of Eurocopter at this year’s Farnborough International Airshow will emphasize the company’s strong position in the UK marketplace, where its helicopters constitute the largest rotary-wing aircraft fleet in the country. Eurocopter and its Eurocopter UK Ltd
Magellan Aerospace Corporation announced today that it has reached agreement with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG to manufacture mainline shafts and stub shafts for various Rolls-Royce engine programs. The work will be performed on these flight safety critical rotating parts at Magellan's Middleton Aerospace facility in Haverhill, MA
Herley Industries, Inc. announced today that the Republic of Korea ("ROK") Navy has awarded Herley Industries a follow-on contract valued at approximately $7
At DEFEXPO 2010, Defence majors Larsen & Toubro Limited (L&T) and Raytheon Company announced teaming up in a L&T led proposal submitted this month to upgrade Indian Army T72 tanks. Under the proposal, Raytheon will provide infrared imaging sights and Electronics that will greatly improve target accuracy and increase overall system lethality on the battlefield for T72 tank battalions
Mahindra and Mahindra Ltd. and BAE Systems today announced the naming and corporate structure for their land system focused Joint Venture Defence Company
The Boeing Company has signed a $34 million contract with Italian defense company Oto Melara to co-produce the Small Diameter Bomb Increment I (SDB I) weapon system for the Italian Air Force. "We are proud to team with Oto Melara to bring SDB and its precision, low-collateral-damage capabilities to the Italian Air Force," said Debra Rub, Boeing Weapons vice president