Six major western industry associations have written to the Indian Ministry of Defense asking for measures to ease their prospects for commerce in defense equipment, including elimination of the ceiling on Foreign Direct Investment as well as capping financial penalties.
Tag: Ministry of Defense
MBDA offers India ordnance mgmt services
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The European arms firm MBDA has offered its services for stockpile management to the Indian armed forces, saying it can help achieve cost savings of up to 30 per cent, besides configuring life extensions of existing stock and improving safety.
$600m Indo-Russian JV for transport plane
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India and Russia signed an agreement on Thursday night to set up a joint venture to design and develop a Multirole Transport Aircraft (MTA)
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.
Anatomy of a blacklist: Singapore Technologies
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The CAG submitted a report to Parliament last week, that testifies to the acts of omission and commission, based on incompetence, lack of foresight or mala fide intent, that led to the recommendation for the blacklisting of Singapore Technologies, arising from the issue of the supply of carbines to paramilitary forces.
Navy’s submarine rescue plan leaks: CAG
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The Comptroller and Auditor General of India has criticized the implementation of the Indian Navy’s plan for enabling its submarines with facilities to couple with Deep Submergence Rescue Vessels and Submarine Rescue Chambers of the United States Navy , which has resulted in an expenditure of USD 744,343.
IAF submits MMRCA report
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The Indian Air Force has submitted its report on the flight evaluation of the six aircraft competing to win the Medium Multi Role Combat Aircraft contest to the Ministry of Defense.
How many engines for the MMRCA?
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If the Indian Air Force has to choose, should it assume a single-engine aircraft to be cheaper or a twin-engine aircraft to be more reliable, to decide their choice for the 126 Medium Multi Role Combat Aircraft contest?
Indian Interceptor Missile checks out
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The single stage missile, fitted with a directional Warhead and other ‘advanced systems’ neutralized the target, said a statement issued by the Ministry of Defense.
Max. 49% FDI in defense: FICCI
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The Indian industry association, FICCI has argued for limiting FDI in the Indian defense sector to, at most, 49 per cent, following CII, which had submitted similar views last May.
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.
Blog: Eurofighter gets good vibes on MMRCA
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Bernhard Gerwart, CEO of Military Air Systems at EADS Defence & Security, said, “Yesterday, I had some meetings with the leaders of the IAF and the MoD and it was more or less confirmed that we had done the flight trials very well,” adding, “Mind you it’s just a feeling,” while pointing out the IAF had made no official statement to him.
Blog: Another day, another scandal
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The Indian armed forces have built up a regular routine for scandal.
India remains complacent to hacking
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Indian governmental institutions remain unmoved by disclosures of large-scale penetration of Indian computer systems.
Defense report ‘expresses concern’ on infiltration
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213 terrorists were killed & 68 apprehended.
