Dismissal of these criminal charges, however, does not mean Rheinmetall would be able to do business with the defense ministry.
Rheinmetall still blacklisted after corruption acquittal
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Tag: Finmeccanica
DAC approves $750m M777 artillery buy
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BAE Systems and the U.S. government will deliver 25 M777 Ultra Light Howitzers off the shelf, while a further 120 will be assembled in India with Indian partner Mahindra.
What could Indian and Singapore Defense Industry Talk About?
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Here’s why the first India-Singapore defense industry joint working group held last May didn’t include Singapore’s biggest defense company.
Video: Finmeccanica Project Zero at Singapore Airshow 2016
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Antony: Blacklisting by association
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The Indian defense ministry could now be blacklisting companies because of their association with other companies that have been debarred from doing business due to allegations of malpractice.
AgustaWestland invokes arbitration in #ChopperScam
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In a statement issue today, the company said it was left ‘with no other option but to invoke arbitration through Counsel’. It said this came after it made several requests to the defense ministry for invoking bilateral discussions as provided in the contract.
Why blacklisting doesn’t work
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Blacklisting is the politician’s response to cop out of responsibility for ensuring a corruption free defense acquisition process, that serves no purpose for either the Indian armed forces or the taxpayer, and is effectively the application of rules that govern the PWD (Public Works Department).
#ChopperScam: The Italian Job
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Here’s a quick narrative of how the alleged AgustaWestland corruption scandal unfolded, with links to the reports filed by the intrepid Manu Pubby of The Indian Express.
#ChopperScam Chatter
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The story about the arrest of Giuseppe Orsi, Chairman and CEO of Italian defense and aviation company, Finmeccanica, broke sometime on Tuesday afternoon, a few days less than a year when investigations first began into the company over allegations of corruption in Indian contracts.
Indian VIP helo buy under cloud
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The deal for the purchase of 12 AgustaWestland AW 101 helicopters for VIP transportation is under scrutiny by the Indian defense ministry after reports surfaced that the company may have employed agents to facilitate the contract.
Finmeccanica brings wide product line to DefExpo
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The Italian defense major will be represented at DefExpo by its group companies AgustaWestland, Alenia Aermacchi, DRS Tactical Systems, Inc. (a division of DRS Technologies), SELEX Galileo, Oto Melara and WASS – in DEFEXPO 2012, exhibiting products, platforms and technological solutions in the field of helicopters, aeronautic, radar systems, naval and land armaments and underwater systems.
‘Huge potential for India-Italy defense industry cooperation’
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Minister of State for Defense Mallipudi Mangapati Pallam Raju: “There is tremendous potential for enhancing the defense industry cooperation between the two sides, particularly in the context of defense offset policy, the scope of which has recently been increased.”
