Indian navy's procurement of the 16 multi-role naval helicopters from Sikorsky could be delayed following a restart of negotiations with the US company. The negotiations have restarted after the American company demanded for a price escalation to which the Indian MOD had refused, defence minister Manohar Parrikar told Indian parliament on Friday
Indias defence research and development budget has remained static, if not declining in the last two years. In 2014-15, the R&D spend of the ministry of defence (MoD) has been Rs 15,282
Spain has approved a proposal to buy four US Reaper surveillance drones worth a $27 million. The defence ministry has selected the bid from General Dynamics, which has a teaming agreement with Spanish engineering firm Sener, to supply it with four Reaper drones, a ministry spokesman said
The Indian Navy has been unable to obtain heavy weight torpedoes from a Finmeccanica group company, Wass for installation on its Scorpene submarines owing to the Italian company being blacklisted in India. Wass Italy had won a contract to supply heavy weight tropedoes for the Navy's Project 75 submarines in 2014
India faces serious shortage of ammunition especially for tanks and artillery and has stocks enough for only 10 days of war. The Comptroller and Auditor General of India (CAG) had noted in May this year that stocks of 125 out of 170 kinds of ammunition or, to put it differently, 74 per cent of the total stocks are not enough for even 20 days of a shooting war
A draft agreement to purchase 36 Dassault Rafale aircraft will be prepared by the Indian team after concluding negotiation with their French counterparts. Indian defence minister Manohar Parrikar told parliament that team has commenced negotiations but did not specify how long the negotiations would go on
The Indian Air Force is in the process of inducting additional Su-30 MKI and Light Combat Aircraft (LCA) which would augment the operational strength of the IAF. Further, the delivery of the 36 Dassault Rafale which are under negotiations with France, would be in time-frame that would be compatible with the operational requirement of IAF, Defence minister Manohar Parrikar told the Indian parliament yesterday
Pakistan has signed a multi-billion dollar deal with China to buy eight submarines for its navy. “Pakistan and China have reached an understanding on matters of defense cooperation relating to Pakistan Navy,” the Pakistan finance ministry was quoted as saying by The Express Tribune today
India has so far received US$ 5.02 million (INR 32 crore) in Foreign Direct Investment (FDI) in the defense industry sector
France will deliver 36 Dassault Rafale fighter jets and associated equipment as per the configuration approved by the Indian Air Force with longer maintenance responsibility. The negotiations on the terms and conditions of the purchase have started, Indian Defense Minister Manohar Parrikar said Tuesday