The 37 percent escalation by a margin of roughly INR 1,200 crore for the US government offer to India for 145 M-777 light weight howitzers comes into effect on Tuesday, along with the imminent closure of the assembly line for the artillery.
Tag: FH77 B02
M-777 buy uncertain
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•US sharply hikes M-777 artillery price for India
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•BAE Systems ready to help India build Bofors guns
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•Dean McCumiskey, Managing Director and Chief Executive of BAE Systems’ India operations told StratPost his company would be open to discussing any question of technical assistance the OFB might require, in its attempt to execute the designs and technology documentation transferred to it as part of the old Bofors howitzer procurement.
Singapore Technologies denies CAG report
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•The arms company has contradicted the basis of the CAG audit, saying it signed a Memorandum of Understanding on offsets and collaborated production with the Ordnance Factory Board.
Army towed guns’ tender jinxed, junked
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•The Indian Army has issued a Request For Information (RFI) for towed artillery guns, effectively canceling the previous process for procurement of these weapons systems, in which BAE Systems was fielding the FH77 B05 against Singapore Technologies (ST) Kinetics’ iFH 2000.
Bofors redux
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•The upgraded avatar is being displayed at the DefExpo in New Delhi.