US firms will stress on implementing suggestions on offsets, technology transfer and engineering software as eligible offsets ahead of the Indian defense ministers visit to the nation. The group comprising US aviation and defense firms will be urging the ministry to throw more light on the much promoted ‘Make in India programme so as to enable active participation in the programme to meet Indias defence needs, Indian Express news daily reported Sunday
Indias new Defense Procurement Procedure (DPP) will allow foreign firms to change their Indian offset partner (IOP) anytime subject to approval. The power will be given to the Secretary, Defense Production to allow foreign firms to change their offset partners
Indias revised defense rule book for procurement that guides acquisitions is expected to be ready by November end. The revised Defense Procurement Procedure (DPP) is expected to be ready by the end of next month, Defence Minister Manohar Parrikar said Monday
A Delhi court has issued an open ended non-bailable warrant against Christian Michael James in the INR 3,600 crore (US $540 million) VVIP Chopper deal case. The Central Bureau of Investigation had sought a non-bailable arrest warrant against a London-based accused in the VVIP helicopter ‘scam case earlier this month
The Indian MoD has issued a Request for Information (RFI) to procure electronic warfare (EW) suite for all Mi-17 V5 helicopters. According to the RFI floated today, the EW suite meant for Mi-17 V5 will comprise of Radar Warning Receiver (RWR), Missile Approach Warning System (MAWS) and Counter Measure Dispensing System (CMDS) and a limited number of Laser Warning Receiver (LWR) and Directed Infrared Counter Measure (DIRCM) for some Mi-17 helicopters
Airbus has decided not to bid for the Japanese air-to-air refueling tanker aircraft contract worth over a billion dollars citing terms of tender favor its rival, Boeing. “The RFP allowed Japan to buy tankers under the US government's foreign military sale mechanism, which involves the two governments negotiating the contract directly,” Airbus was quoted as saying in a statement by Reuters Tuesday
The Indian defense ministry will be clearing projects for defense offsets that could cross $35 billion by the end of this year. “A majority of projects cleared by the Defense Acquisition Council over the past year will be manufactured in India by foreign companies in partnership with Indian firms
India is likely to allow defense offsets obligations to be fulfilled in non-defence areas under the new defense procurement procedure (DPP) expected to be released in mid-October. There is speculation amongst non-governmental sectors that a draft Defense Procurement Procedure (DPP) circulating in the ministry of defense (MoD) for examinations
The Indian Army has issued an additional Request for information (RFI) on Mini UAV to identify prospective Indian vendors for the procurement. Indian Army had issued an RFI in May 2012
Boeing has ended $4.7 million contract with Indian Hindustan Aeronautics (HAL) citing shoddy production quality of components for the nations P-8I Poseidon maritime patrol aircraft and F/A-18E/F Super Hornet
Dilution of stringent conditions, removing nomination based Defense Public Sector Undertaking (DPSU) contracts, and setting indigenization target with a time frame will encourage Indian domestic companies to take part in defense equipment manufacturing. The Indian government should set indigenization target within a time frame to encourage domestic companies to take part in Defense equipment manufacturing
Indias latest Defense Procurement Procedure (DPP) is likely to propose alternative mechanisms to curb corruption instead of blacklisting defense manufacturers. The new DPP to be announced next month is considering ‘negotiated resolution with the accused company similar to ‘deferred prosecution agreements (DPA) followed by UK and US, according to Indian Express news daily report on Thursday
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