French DCNS has sought approval to set up an Indian subsidiary to develop Air Independent Propulsion (AIP) systems for the submarines. DCNS has requested clearance from the Foreign Investment Promotion Board (FIPB) for 100 percent FDI to invest over INR 100 crore (US $15 million),
Indra has won a contract to supply a system of secondary radar and upgrade HF communications system for the Papua New Guinea Navigation Service Corporation. The catalog price of these systems is around 16 million euros
General Dynamics will begin assembling and testing UK Armys first fully digitised Ajax armored Vehicle in 2017. Following a £390 million commitment to the Ajax armoured vehicle by the Ministry of Defence (MOD), General Dynamics has decided to turn the former Linde Forklift Truck Factory into an assembly, integration and testing center for Ajax in Merthyr Tydfil, the
The US Navy and Raytheon have successfully tested the Standard Missile-6 (SM-6) from the USS John Paul Jones on Monday. The test was a demonstration of the U
Tata Motors has signed a strategic agreement with Bharat Forge Limited and General Dynamics for Indian Armys Future Infantry Combat Vehicle (FICV) program. Tata Motors will lead the consortium, with Bharat Forge Limited as a partner, while General Dynamics Land Systems will bring in its much proven expertise in combat vehicle platforms, the company said in a release Monday
Alcoa Defense has been awarded a five-year contract worth $50 million from the US Army for R&D projects focused on developing innovative, light-weighting solutions for ground combat vehicles. The “Ground Vehicle Light-Weighting” contract is to support efforts to accelerate technology research and development and provide engineering solutions for Department of Defense ground vehicles and intelligent ground systems
Finmeccanica and Era Group Inc (Era) signed Memorandum of Understanding (MoU) on Wednesday at Heli-Expo 2016 for the development of AgustaWestland AW609 TiltRotor program. Under the MoU, Finmeccanica Helicopter Division and Era will engage in joint activities in support of AW609 program development for the emergency medical service (EMS) market including concepts around operations, regulations, maintenance, configuration optimization, as well as identifying possible areas of enhancement or modifications
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
There was no mention of decisions relating to blacklisting of companies and the report on strategic partnerships in the Indian Defense Acquisition Council (DAC) meeting press briefing Tuesday. India has already firmed up the new Defense Procurement Procedure, but it is yet to take up policy changes relating to blacklisting of firms accused of corruption
Saab has selected iXBlue as part of a 7-year contract to equip the two type A26 next-generation submarines with MARINS units, the state-of-the-art in fiber-optic gyroscope technology. Scheduled to be operational in 2024, the A26 is a unique and high-tech submarine with proven modular design