India’s largest private ship building company, ABG Shipyard Limited, has been awarded a repeat order from the Ministry of Defence for building an additional cadet training vessel for the Indian Navy in a contract worth about Rs. 485 crore ($89
MBDA has recently announced its intention to build a demilitarization facility that will become operational by the end of 2013. The facility will be capable of dismantling annually 2,500 tonnes of various types of sensitive munitions, notably missiles
India and Dassault will most likely sign the contract for the MMRCA deal, scheduled to be concluded by the end of this year to 2013. Neither side has made known a new timeline for the commercial negotiations to be concluded
India’s public sector unit Bharat Electronics Ltd (BEL) has appointed two new General Managers; Veeresh D Bevinamarad, GM (HR), and Koshy Alexander, GM (Internal Audit). Bevinamarad has been with the company since 1984 when he was appointed as Deputy Engineer at Taloja (Navi Mumbai) Unit, where he was involved in the setting up of a plant for the production of glass parts for TV Tubes
India and Russia have officially begun work on the project to develop a transport aircraft, about 30 engineers from Hindustan Aeronautics Limited along with Russian counterparts from the United Aircraft Corporation began collaborating on the $600-million project. "Our team in Moscow informed us they are now functional at the special design facility that Russia has set up," said NC Agarwal, the Chief Executive Officer of the joint venture company, called Multirole Transport Aircraft Limited, which will design the aircraft capable of carrying 15-20 tonnes of payload
CAE announced it has won a series of military contracts valued at more than C$70 million. They include a contract from the United States Navy to develop two MH-60R tactical operational flight trainers (TOFTs) for the Royal Australian Navy under a foreign military sale program, a contract from the Australian Defence Force to provide King Air 350 simulator services, and a contract from the Royal New Zealand Air Force to provide C-130 training
Russian investigators looking into allegations of kickbacks and corruptions have uncovered that state-run companies have embezzled more 10 billion rubles ($257 million) this year. According to Investigative Committee spokesman Alexander Sorochkin, the alleged sum included 6
The Indian Air Force has sought a request for proposal to replace the aging Avro aircraft with modern ones, according to a senior IAF official. Air Marshal Jagdish Chandra, Air Officer in-Commanding in-Chief of IAF Maintenance Command in Nagpur, said on Sunday
Russia's latest submarine, the Project 855 Severodvinsk, has successfully fired its first cruise missile at a land target during sea trials, according to local media reports. "The multi-role nuclear-powered submarine Severodvinsk fired a supersonic cruise missile at a land target for the first time during sea trials in the White Sea
Saab has appointed Niklas Nieminen as Managing Director of Saab India Technologies Pvt Ltd from November 1. According to Lars-Olof Lindgren, designate Head of Market Area, India, “India has been identified to be one of Saab’s most important markets and we are looking at Niklas with his considerable experience in Saab to enable us to respond quickly and effectively to the diverse market opportunities here