Rubbishing the previous governments claim that the Anglo-Italian helicopter maker AgustaWestland was blacklisted by the UPA government, the defence ministry said Thursday its the current government that had actually put on hold all procurement and acquisition cases in the pipeline of six companies involved in the VVIP chopper scam. “It is the present Government which through its order dated 03 July 2014, put on hold all procurement / acquisition cases in the pipeline of six companies figuring in the FIR registered by the CBI, namely: M/s Agusta Westland International Ltd
Norway has shortlisted the French company Direction des Constructions Navales Services (DCNS) and the German firm ThyssenKrupp Marine Systems (TKMS) for the countrys future submarines program. “France and Germany are among the biggest nations in Europe
An Iraqi Mi-35 helicopter crashed south of Baghdad due to a technical glitch Monday. A colonel in Iraq's Joint Operations Command was quoted as saying by AFP that an "Mi-35 training helicopter crashed as a result of a technical problem," but that the crew survived
The Indian Cabinet Committee on Security (CCS) is working on a proposal to double the production of Light Combat Aircraft (LCA) from the current eight to 16 per annum by Hindustan Aeronautics (HAL). An expenditure of INR 1259 Crore (US $187 million) has been proposed for this purpose with 50 percent funding by HAL, 25 percent by IAF and 25 percent by Indian Navy, with timeline of 36 months from the date of sanction, Minister of State for Defense Rao Inderjit Singh said in a reply to the Parliament Tuesday
The Egyptian parliament has approved loan of $3.7 billion from France to fund its arms acquisition
Since 2002, 14 military and 2 civil Indian home-grown Dhruv helicopters have been involved in accidents, out of which 11 occurred in India and 5 abroad. Out of 16 accidents, 12 occurred due to human error & environmental factors and the remaining 4 occurred due to technical reasons, Minister of State for Defence Rao Inderjit Singh said in the parliament Tuesday
Kuwaiti parliament has approved $500 million (150 million dinars) as advance payment for the purchase of 28 Eurofighter Typhoons. Kuwait signed a MoU in September last year with the consortium in a deal worth up to 8 billion euros ($8
India will soon roll out a new Defense Procurement Procedure (DPP) and will concentrate on promoting indigenization and self-reliance in defense through public and private sector. The Indian defense minister, Manohar Parrikar in a
Indian government plans to disinvest 10 per cent of its share from Indias only defense aircraft manufacturer, Hindustan Aeronautics (HAL) and 5 per cent from Bharat Electronics (BEL). Indian Defense Minister of State for Defense, Inderjit Singh Rao said in a statement to the Parliament Monday that “the Government has approved disinvestment of defence sector CPSEs, 5 per cent paid-up equity of BEL out of Government of Indias shareholding of 75
During the last three years 162 contracts with total value of INR133093 Crore ($19.3 billion) have been signed with Indian and foreign vendors for procurement of defence equipment, including Ships, Missiles, Rockets, Simulators, Tanks, Guns, Aircrafts, Helicopters and Radars