Latest Indian Defence News
Indian Defence Offset Contracts to Touch $ 10 Billion Mark Soon
The Minister of State for Defence Dr. M Pallam Raju has stated that the scope and potential of the Indian defence industry has significantly increased due to reforms in the Defence Offset Policy. Dr. Pallam Raju announced that the Indian defence offsets contracts worth $3.3 billion have been signed and more such deals worth $ 10 billion are in the pipeline. Dr. Pallam Raju revealed the growing significance of the offsets policy while addressing a gathering on opportunities for co-development and partnership between India and Italy.
HAL in Talks with BAE Systems for Extending India’s Role in Manufacturing Hawk AJT
Following the shutdown of a UK production line for the Hawk advanced jet trainer (AJT), the state-run Hindustan Aeronautics Limited (HAL) is holding talks with BAE Systems of UK for moving a chunk of that Hawk production line to India. India has expressed its intention of making Hawk AJTs in India for the overseas market since it is already making Hawk AJTs for Indian Air Force (IAF) in India.
Winner of India’s $ 10.4 Billion MMRCA Deal to be declared on November 4
The race for the $ 10.4 billion Medium Multi Role Combat Aircraft (MMRCA) for the Indian Air Force (IAF) is close to the finishing line as Indian Defence Ministry invites European consortium Eurofighter and French firm Dassault to open their commercial bids on November 4. The two final contenders have received notifications and a final decision on the acquisition of 126 combat jets will be taken by India once the lowest bidder is announced.
France Offers Help in Kaveri Engine and Co-Development of Short-Range Missile with India
India and France are on the road to greater defence ties as French Foreign Affairs Minister Alain Juppe visited India and held delegation-level talks with his Indian counterpart S.M.Krishna in New Delhi recently. While France discussed the issue of civil nuclear safety having been awarded a multi-billion nuclear power plant contract, both sides also discussed various military contracts as well as co-development of new defence products. France is also hoping to clinch the $ 10.4 billion MMRCA project whose winner will be announced next month.
MMRCA Winner to be announced by November as Defence Ministry Approves MMRCA Offset Proposals
The Indian Air Force (IAF) Chief N.A.K Browne has announced that the winner of the $ 10.4 billion tender for 126 Medium Multi Role Combat Aircraft (MMRCA) will be revealed by November this year. As for the Defence Ministry, it has approved the offset proposals for the MMRCA deal and paved the way for opening the commercial bids in ten day’s time. The Eurofighter Typhoon from EADS and Rafale from Dassault are the two contenders for MMRCA deal.
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