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Price Negotiations For Indian Rafale Deal Not Over Yet: Manohar Parrikar

May 7, 2016 @ 12:36 PM

The Indo-French government-to-government deal for the purchase of 36 Rafale fighters is not done yet, the government is negotiating to reduce the price and ‘save a lot of money, Indian defense minister said Friday. Indian Defense Minister, Manohar Parrikar said in the Lower House during the calling attention motion over the controversial AgustaWestland VVIP chopper deal said, “"We will reduce the deal value and we will save a lot
Germany Offers India Government-To-Government Deal for Submarine Purchase

May 7, 2016 @ 12:09 PM

Germany is offering a government-to-government deal for its new generation conventional submarines with underwater endurance to India. The HDW 214 submarines are being offered as a special case for Indian Navys P75i submarine project which involves manufacturing six of them at an estimated cost of over $9 billion,
General Dynamics Wins $329 Million Contract For US Army’s Stryker Vehicle Upgrade

May 7, 2016 @ 09:34 AM

General Dynamics has been awarded the US Army contract worth $329 million for the Stryker Infantry Carrier Vehicle (ICV) 30mm lethality upgrade. “General Dynamics Land Systems, Sterling Heights, Michigan, was awarded a $329,051,633 modification (P00003) to contract W56HZV-16-C-0038 for production, logistics product development, and test support for the Stryker Infantry Carrier Vehicle (ICV) 30mm lethality upgrade,” the US Department of Defense announced Friday
Iran To Stop Western Warships From Entering Strait of Hormuz

May 6, 2016 @ 10:42 AM

Iran has warned US and its allies that it may close Strait of Hormuz if US continue to use the passage for maritime exercise involving 30 nations. "We have to counter any harmful and ill-intended passage through Strait of Hormuz
Reliance Defense Eyeing Indian Defense Market Worth $100 Bn, Receives 16 New

May 6, 2016 @ 09:46 AM

Indias Reliance Defense as received 16 new industrial licences for the manufacture of defense equipment that include armored vehicles, electronic warfare systems, missiles and unmanned aerial vehicles. The equipment will be manufactured at Pithampur SEZ in Madhya Pradesh and MIHAN SEZ near Nagpur
Indian Law Ministry Raises Objection Over Rafale Fighter Deal

May 4, 2016 @ 03:55 PM

The Indian government has said that the Law ministry has raised some objections over the off-the-shelf purchase of 36 Rafale fighters from France. "Ministry of Law & Justice have made certain observations and the same will be adequately taken into account while finalizing the Inter-governmental Agreement (IGA), which is still under negotiations," Defence Minister Manohar Parrikar said in a written reply in the Rajya Sabha
Reliance, Ukroboronprom Collaborate For Military Transport Aircraft

May 2, 2016 @ 03:02 PM

Reliance Defence signed a strategic partnership agreement with Ukraines state-owned firm Ukroboronprom to collaborate on a range of military products including transport aircraft, upgrade of armoured vehicles, maritime gas turbines and unmanned aerial vehicles. The agreement was signed during a meeting between Reliance Group Chairman Anil Ambani and Ukranian President Petro Poroshenko in Ukraine last week, PTI reported
Iranian Parliament Passes Bill Aimed At Boosting Missile Power

May 2, 2016 @ 01:46 PM

The Iranian parliament approved a bill on Sunday to increase the countrys missile power with the aim of boosting the Islamic Republics deterrent and defense capability. According to FARS News Agency (FNA), the bill approved within the framework of Irans 5-year development plan, calls for enhancement of the countrys deterrence power by developing and boosting its missile production capability, strengthening the air defense power at different short-, mid- and long-range levels
Indian Navy’s First Scorpene Attack Submarine Starts Sea Trials

May 2, 2016 @ 09:35 AM

Kalvari, the Scorpene-class submarine being built for the Indian Navy, successfully embarked on its maiden sea trial on May 1, Indias defense ministry said Sunday. Built by the Mazagon Dock Shipbuilders Ltd Mumbai (MDL), the submarine sailed out at about 1000 hrs for the first sea trial, off the Mumbai coast and during the sortie, completed a number of preliminary tests on the propulsion system, Auxiliary Equipment and Systems, Navigation Aids, Communication Equipment and Steering gear
Lockheed Martin, DSME Team Up To Develop Multi-Mission Combat Ships

May 2, 2016 @ 08:58 AM

Lockheed Martin and Daewoo Shipbuilding & Marine Engineering (DSME) have signed an agreement to partner on the Multi-mission Combat Ship (MCS), which is based on a DSME hull design and intended for the corvette market. "DSME's MCS hull design coupled with Lockheed Martin's expertise in program and systems integration will allow the team to bring this capable ship to the international marketplace at an affordable price," said Joe North, vice president of Littoral Ships and Systems at Lockheed Martin Mission System and Training

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