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Latest Indian Defence News |
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India and the US have finalised a USD 600 million deal for supplying 99 jet engines to be used in the indigenous Light Combat Aircraft 'Tejas' being developed by the DRDO. Around two years ago, India had selected the American company General Electric over its rival European Eurojet 2000 for the LCA Mark II programme expected to be ready around 2014-15. "The deal worth over USD 600 million has been finalised with the US for procuring 99 engines for the LCA Tejas MkII," DRDO officials said. As per the contract, the order could be for 99 engines initially but India will have the option of ordering another 100 engines in the future.
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India has decided to disinvest 10 per cent of the government equity in the state-owned defence undertaking, the Hindustan Aeronautics Limited (HAL), the nation's only firm that designs, develop and manufacturers aircraft and helicopters. "The Cabinet Committee on Economic Affairs (CCEA) has approved divestment of 10 per cent equity in HAL out of its holding on 100 per cent through an Initial Public Offer (IPO) in the domestic market as per the Securities and Exchange Board of India (SEBI) rules and regulations," India's Finance Minister P. Chidambaram told reporters here at a media briefing following a meeting of the union cabinet. Five percent discount on the issue price will be allowed for retail investors as well as to eligible employees of HAL.
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Indian Defence PSUs have yet again dampened the spirit of the Indian Armed Forces since the Defence Ministry has indicated that the last test of the Indo-Russian BrahMos missile was not fully successful. Added to this, it has also been revealed that the indigenous Tejas LCA is facing more delays and will not get initial operational clearance (IOC) before 2013. Indian Defence Minister AK Antony has stated in the Parliament that one subsystem failed in the July 29 test of the Indo-Russian BrahMos supersonic cruise missile. While state-run DRDO claimed at the time that the test was successful, Defence Minister has officially admitted the failure of one unknown system.
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Indian Air Force will deploy medium power radars and advanced helicopters in the western sector in order to strengthen its preparedness along the Indo-Pak border in Rajasthan. While Jodhpur airbase will soon have a squadron of transport helicopters Mi-17 V5, medium power radars would also be deployed at Jaisalmer airbase, Air Marshal Anjan Kumar Gogoi, Air Officer Commanding-in-Chief, South-Western Air command, said at a press conference here. Gogoi said that the new squadron at Phalodi will be ready by October this year. Admitting that the SW air command has shortage of transport aircraft, he said that it will also be looked into. The Air Marshal also informed that Deesa airbase in north Gujarat will soon become a training-cum-operational base.
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The state-run DRDO has once again fallen into the line of fire as it lags behind schedule for key Defence projects for the Indian Armed Forces. Besides, none of the recommendations to revamp the DRDO’s operations or its restructuring plan have been implemented. Defence Minister AK Antony has stated in the Parliament that DRDO projects including Light Combat Aircraft (LCA), Airborne Early Warning and Control System (AEWC) and Kaveri engine have not been executed as per the schedule resulting in a hike in their cost of development. Admitting to the delays, Defence Minister Antony has replied in the Parliament that probable dates of completion (PDC) for LCA Phase II, Naval LCA, AEW&C and the Kaveri engine have been extended and costs have been enhanced.
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