Archive for the ‘Defence’ Category

Tatas plan defence venture with Israeli firm

March 2, 2007

The Tata group is in talks with Israel`s Rafael Armament Development Authority to form a joint venture to compete for the supply of defence systems to the Indian Army

The two sides raised the issue during the sixth biennial Aero India exhibition held in Bangalore recently, said reports in the Israeli media.

A Tata group spokesperson told Business Standard that the group was in talks with several companies after the opening up of the defence sector. “We will announce any decision in this sector at an appropriate time,” he said.

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Big shopping for armed forces

March 2, 2007

11.6 per cent hike in the Defence Budget sees the IAF and Navy get Rs 10,200 crore and Rs 1,965 crore, respectively, to buy aircraft.

The UPA government increased its defence budget by 11.6 per cent largely because the previous year’s allocation of Rs 89,000 crore could not be spent in time.

Defence spending went up to Rs 96,000 crore from the previous year’s budgeted allocation of Rs 89,000 crore. However, documents reveal that what was actually spent was just Rs 86,000 crore. Therefore, in real terms, the increase in the current budget is 11.6 per cent or Rs 10,000 crore.
A sum of Rs 41,000 crore has been allocated for capital expenditure against last year’s budgeted figure of Rs 37,500 crore. This indicates that the Ministry of Defence had spent some, not all, of the capital outlay, as the revised estimates put the expenditure last year at Rs 34,500 crore.

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South Africa Navy Chief Visiting India; Improving Naval Ties

February 27, 2007

Vice Admiral J Mudimu, Chief of the South African Navy, is on a visit to India from 26 Feb to 03 Mar 07, at the invitation of Admiral Sureesh Mehta, Chief of Naval Staff of the Indian Navy. This is his maiden visit to India after taking over the reins of the South African Navy. The visit of Admiral Mudimu is part of the regular exchange of high-level visits between the two friendly countries.

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Indian Navy Validates New Maritime Warfare Doctrine

February 27, 2007

Utilising some of its newly inducted assets like unmanned aerial vehicles (UAVs), airborne early warning helicopters and cutting edge missiles, the Indian Navy has validated its new warfare doctrine during an exercise conducted off the country’s west coast.

The just-concluded TROPEX (Theatre-level Readiness Operational Exercises) 2007, the navy’s largest annual exercise, commenced on Jan 30 and saw the participation of all the force’s major combatants, as also significant elements from the Indian Army, the Indian Air Force, and the Indian Coast Guard.

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BrahMos to Target Development of Hypersonic Cruise Missile

February 25, 2007

With many countries ‘expected join race and compete with the Brahmos supersonic missile, India has to definitely go for newer and innovative technology – the hypersonic missile’, Dr Shivathanu Pillai, Managing Director of Bhramos said today.

‘As such the Brahmos missile, a joint venture of India and Russia, is the best available in the market and other countries are trying to come out with better products’, Pillai told reporters here.

If any country succeeded to compete with Brahmos, the missile would lose its importance. To counter it, India has to produce a highly innovative product (hypersonic missile) in another five years or sooner, he said.

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MRCA Update: Offsets Clause Being Finalized, RFP Nearing Issue

February 25, 2007

The Ministry of Defence (MoD) and Indian Air Force (IAF) officials are said to be working over time to release the Request For Proposal (RFP) of the IAF Multi Role Combat Aircraft (MRCA) Order.

Final touches are being given to the critical ‘Offsets’ clause, reports the ‘Business Standard’.

The RFP is to be released before the March 31st deadline given by Defence Minister A.K. Anthony at the just concluded Aero India 2007 event.

“The RFP is in the final stages of (preparation) and it will come at the earliest,” he had told the media persons at a press conference.

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IAF & USAF to Engage in Red Flag Exercises

February 25, 2007

While it took over 50 years for the Indian Air Force to conduct joint air exercises with the US Air Force, that interaction could get a further boost as the IAF is likely to participate in multilateral exercises in the United States within the next year or two.

An invitation to take part in the rigorous Red Flag exercises in either Nevada or Alaska has been accepted by the Chief of the Indian Air Force, according to his American counterpart.

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TCS’ defence, aerospace designs set for takeoff

February 21, 2007

Software services major TCS says it sees defence and aerospace as its next big global opportunity in engineering and design outsourcing.

Quite a few standalone and offset prospects from defence and civil aviation deals already hover over Indian businesses.

TCS, for its part, will see a spurt of activity on these two fronts, according to its senior officials.

While Tata group companies are not new to defence or aerospace work, these areas are said to be the group’s priorities after its automotive success.

Globally, aircraft majors are cutting production cost and time to market; “Aerospace is the next wave of opportunity. Increasingly, TCS will play a very deep role in this space,” Mr Regu Ayyasamy, Chennai-based Vice-President, Engineering & Industrial Services unit, told Business Line.

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Eurocopter bids to replace ageing Cheetahs and Chetaks

February 21, 2007

European defence manufacturer Eurocopter is currently bidding for an Indian Army contract for 197 light helicopters. The firm is offering its Fennec 550C3 model.

“We expect the selection (of Fennec 550C3) soon to replace the Cheetahs and Chetaks of the Indian army,” EADS president and CEO Lutz Bertling told FE.

He said, “We are 100% compliant to the specification given by the Indian Army. In fact, we have already started production in Hindustan Aeronautics Limited (HAL) and we expect the first inspection of the same in the first quarter of 2007.”

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HAL, Nalco among PSUs cleared for Navratna list

February 21, 2007

A high-level government panel has admitted seven more public sector firms, including Hindustan Aeronautics Ltd (HAL) and National Aluminium Company (Nalco), into the coveted Navratna club, taking its membership to 16.

While nine companies were in the fray, the Apex Committee headed by Cabinet Secretary B K Chaturvedi cleared seven names last week, official sources told PTI. Now, only the respective ministers have to sign the necessary documents, they said.

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