Category — Defense/ Security

India Preparing New Defense Manufacturing Policy

Addressing an annual meeting of the Confederation of Indian Industry in New Delhi, India’s Finance Minister and interim Minister for Defense, Arun Jaitley, said that the Government of India is in an advanced stage of formulating a new defense manufacturing policy that will enable India to become a manufacturing hub.

Defense Ministry of India logo

With 70 percent of its defense equipment comping from imports, India has a current military spend of $55.9 billion says the Stockholm International Peace Research Institute, and Defense World reports that India has committed to investing $250 billion on weapons and military equipment by 2025.

With the aim of being self-reliant in the defense industry, Jaitley said, “Under our changed policy, we are in the future going to concentrate not merely in buying from the rest of the world, but encouraging global defense majors in collaboration with Indian companies, to set up manufacturing units in India.”

May 7, 2017   No Comments

India Buys Ocean Sensors from U.S., Missiles from Israel

The Defense Acquisition Council of India’s Defense Ministry approved the purchase of ‘Expendable Bathythermograph Systems‘, which are small torpedo-shaped devices fitted with temperature sensors and transducers to detect changes in water temperature. These devices, meant for India’s Navy, will be acquired from the U.S.

The government also approved the procurement of a fresh batch of Barak surface-to-air missiles for Naval warships to enhance India’s maritime capability. These missiles will be supplied byRafael Advance Defense Systems Limited of Israel at an approximate cost of about $80 million.

Barak Missile

According to sources in the defense ministry the Council also reviewed several old proposals and gave instructions for their speedy processing, reports the Livemint.

 

April 10, 2017   No Comments

Israel Aerospace Industries Inks 3 Deals in India

Israel Aerospace Industries, (IAI) the nation’s largest aerospace and defense firm, signed three cooperation agreements with Indian companies at the Aero India exhibition held last month in Bangalore.

The agreement between IAI and India’s Bangalore-based Dynamatic Technologies Limited calls for the Israeli company to transfer technology and production capabilities to Dynamatic that will enable the production of local mini UAV systems for Indian end-users.

Israel-India flag

Separately, IAI said its Golan Industries Division, signed a memorandum of understanding with  Taneja Aerospace & Aviation Ltd., based in India’s southern state of Tamil Nadu, to cooperate in the development, production, marketing and sale of civil and military aircraft crashworthy-seats.

IAI also signed a memorandum of understanding to set up a joint venture with India’s Pune-based Kalyani Strategic Systems Ltd., the defense arm of Kalyani Group. As part of the accord, IAI and Kalyani will together aim to expand their activities in the Indian defense market and to build, market and manufacture air defense systems and ground-to-ground and ground-to-sea munitions, reports the Times of Israel.

March 25, 2017   No Comments

Magellan Aerospace to Construct Manufacturing Facility in India

The Mississauga, Ontario-based Magellan Aerospace announced plans to construct a manufacturing and assembly plant in India. The 140,000 sq ft building will be constructed on seven acres in the Aerospace Special Economic Zone near the Bangalore International Airport. The company provides complex assemblies for aircraft and engine manufacturers, and defense and space agencies.

Phillip Underwood, president and chief executive officer said, “Magellan’s expanding footprint  in  India,  and increasing  spectrum  of  capabilities, reflects  the  company’s commitment to provide competitive solutions for major commercial customers.”

Magellan Aerospace Logo

The CDN $28 million manufacturing and assembly plant will be constructed in three phases, and Magellan plans to break ground for it in June reports Canadian Business. The unit  will  support  the  production of larger work  packages  for  major structural  assemblies,  fabrications,  and  machined components  for  the  global market, the company announced.

 

February 22, 2017   1 Comment

Raytheon Co-produces Missile Components with India’s Tata Group

Raytheon signed an MoU with India’s Tata Advanced Systems Limited (TASL) to co-produce Stinger air defense missile components in India.

“Our agreement with Tata Advanced Systems deepens our industrial partnership in India with a global technology leader and will expand the range of options and capabilities for U.S. and coalition forces to achieve their missions,” said Duane Gooden, Raytheon Land Warfare Systems vice president in a statement.

Stinger Missiles

Stinger Missiles

Last year, India was one of three international customers to order Stinger missiles, and it plans to equip its AH-64 Apache helicopters with them, reports Defense World.Net.

February 22, 2017   No Comments