Telephonics Corporation, a subsidiary of Griffon Corporation, launched their joint venture partnership, Mahindra Telephonics Integrated Systems, as the first private sector aerospace and electronics manufacturing facility in India. The facility represents an important milestone for Indias rapidly expanding private defense industry
Indias Defence Minister AK Antony today announced at Defexpo 2014 that there will be no more procurement until after April 2014. Addressing the media, he said that the Defence Procurement Procedures (DPP) is also being reviewed
India-based JK Organisation has acquired a majority stake in Deepti Electronics & Electro-Optics Pvt. Ltd
The Indian Defence Ministrys decision to ban 27 domestic and international firms from attending Defexpo 2014 has caused show organizers with the losses over $480,000. Due to the cancellation of bookings of Finmeccanica and its subsidiaries AgustaWestland, Selex, Oto Malera, Aleania Aermachhi and WASS in view of a pending CBI probe...
MBDA, the ISAE-SUPAERO Foundation and the Institut Supérieur de lAéronautique et de lEspace (ISAE) have signed a sponsorship agreement setting up an Indian scholarship programme in France. Between 2014 and 2017, this programme will contribute towards the financing of 24 students and young aeronautical professionals from India, enabling them to undertake...
The joint venture of Rheinmetall AG of Düsseldorf and Ferrostaal GmbH of Essen, Rheinmetall International Engineering GmbH, is now ready to take-off. Rheinmetall and Ferrostaal had announced the creation of the joint venture in September 2013, with each holding a 50% stake
Northrop Grumman has announced the appointment of Paul Casey as director International Business Development for the United Arab Emirates (UAE) effective Jan. 20, 2014
Eurocopter has been rebranded as Airbus Helicopters, effective today, which joins Airbus and Airbus Defence & Space, within the new parent company, Airbus Group. Airbus Helicopters will benefit from and enrich the Airbus brand as it develops, manufactures, markets and supports a diversified and highly capable rotorcraft product line
Rockwell Collins today announced the foundation of a new Information Management Services (IMS) business that combines recently acquired ARINC Inc. with its Flight Information Solutions business and its Ascend family of products and services
AgustaWestland has confirmed that it received a termination notice from the Indian Ministry of Defence yesterday on the VVIP chopper deal, along with a notification concerning an appointment of an arbitrator from its side, as requested on November 25 and December 4, 2013. AgustaWestland claims that the contract termination notice by the Indian Ministry of Defence doesnt offer adequate basis to take any action against the Company
The EADS group has been rebranded as “Airbus Group”, uniting all its activities under a single and strong brand with two of its three divisions renamed as well. The group is home to Airbus, focussing on commercial aircraft activities; Airbus Defence and Space, integrating the Groups defence and space activities from Cassidian, Astrium, and Airbus Military; and Airbus Helicopters, comprising all commercial and military helicopter activities
Rockwell Collins has successfully completed the acquisition of ARINC Incorporated from The Carlyle Group for $1.4 billion