Category — Aviation & Aerospace

India’s Army to Receive 6 Apache Helicopters

India’s Defense Acquisition Council has approved the purchase of six Apache attack helicopters from Boeing, for $700 million.

The variant of the attack chopper that the Indian Army will get is the Apache AH-64E, which has a height of 15 ft and a wingspan of 17 ft. The helicopter has a primary mission gross weight of 15,075 pounds, with a vertical rate of climb that is more than 2,000 ft per minute and a maximum rate of climb of more than 2,800 ft per minute. The chopper also has a maximum level flight speed of more than 150 knots, reports International Business Times.

AH-64 Apache

August 18, 2017   No Comments

Air India Seeks Loan for Six Boeing Aircraft

Even as the Government of India is working on the final plans for a strategic disinvestment of its stake in loss-making national carrier Air India, the airline is ready with plans to fly to more overseas destinations. The airline seeks offers from banks and financial institutions to arrange bridge financing of up to $740 million for the purchase of six Boeing 787-8 planes, according to a tender document.

An Air India Aircraft

“In addition to the Government of India guarantee, Air India will offer the aircraft as a security. The facility should be a direct loan without the requirement for formation of a special purpose vehicle structure which requires title transfer,” the tender document said.

Air India has a fleet of 110 airplanes, including 33 Boeing aircraft, reports BusinessLine.

 

August 8, 2017   No Comments

India and Israel Sign Defense Agreements Worth $4.3 Billion

Ten agreements worth $4.3 billion were signed during a formal meeting of India-Israel CEOs forum in Tel Aviv soon after Indian Prime Minister Narendra Modi’s visit. These include the manufacture of air defense systems, radars, anti-ship missiles, and medium altitude long endurance UAVs in India, under technology transfer.

Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd., will expand their joint venture to establish a maintenance center for selected advanced air defense systems radars, anti-ship missiles and command & control systems for the Indian armed forces, for $1.54 billion.

Bangalore-based Dynamatic Technologies and Elcom signed a ‘Strategic Teaming Agreement’ to produce, assemble and support UAVs in India with IAI.

Elbit Security Systems Ltd signed a contract with India’s Alpha Design Technologies to increase the scope of their existing joint venture ‘Alpha-Elsec Defense & Aerospace Systems Pvt Ltd’, into areas such as new generation thermal imaging equipment, fire control systems, unmanned aerial systems (UAS), in addition to night vision devices, laser range finders, laser pointers, and reflex sights.

India’s Garware Wall Ropes Ltd., signed a Memorandum of Understanding with Israel’s Aero-T for manufacturing and supply of advanced aerostats for India’s Defense services, reports Defense World.

Israel-India flag

 

July 11, 2017   No Comments

India’s Wipro Partners with Israel Aerospace Industries

Wipro Infrastructure Engineering (WIN), subsidiary of Wipro Enterprises (P) Ltd and Israel’s state-owned Israel Aerospace Industries (IAI) announced a strategic alliance for manufacturing composite aerostructure parts and assemblies.

Wipro Infrastructure Engineering will set up a manufacturing facility in India in partnership with IAI to meet the requirements of global aircraft original equipment manufacturers and tier-1 suppliers. The plant will make composite structures in India for global markets.

An airplane

Pratik Kumar, CEO, WIN and Executive Director, Wipro Enterprises, said, “This partnership will not only strengthen our presence in the growing aerospace sector but will also help us explore emerging business opportunities in key markets.”

In 2016, WIN acquired H.R Givon Ltd., an Israel-headquartered manufacturer of metallic parts and assemblies for the aerospace industry.

July 6, 2017   No Comments

USIBC Launches India Civil Aviation Task Force

The US-India Business Council (USIBC) launched an India-Task Force on civil aviation to focus on identifying opportunities for implementation based on the National Civil Aviation Policy. Palash Roy Chowdhury, managing director-India, Pratt & Whitney will chair the entity, and Amber Dubey, partner and head of aerospace and defense, KPMG in India will be the co-chairman.

“India has witnessed annual growth exceeding 20% in domestic traffic with total passenger traffic estimated to reach 270 million by end of this year,” USIBC said, reports the Times of India.

Jet Airways

Jet Airways

USIBC president Mukesh Aghi said, “Our member companies are committed to the success of the government’s flagship programs such as the Regional Connectivity Scheme and Make In India, and bringing the best in technology in related areas such as airport infrastructure and security, MROs and skill development.”

June 29, 2017   No Comments