The Indian Defence Ministry on Friday retracted a tender to procure 197 light choppers worth $1.5 billion which had been put on hold which has been on hold due to an ongoing bribery investigation.
The decision was reportedly taken during a meeting of the Defence Acquisition Council (DAC), headed by Defence Minister Arun Jaitley.
Meanwhile the government today cleared proposals worth over Rs 17,500 crore including for midlife upgrade of submarines, 16 multi role helicopters worth Rs 1800 crore for Navy. The bid will be opened soon as two vendors have been shortlisted, according to reports.
The DAC also approved Army communications system worth Rs 900 crores, which would provide dedicated mobile systems for 3 corps, 4 corps and 14 corps.
In connection with the judicial proceedings regarding the supply of 12 AW101 VVIP helicopters to the Indian Government, Finmeccanica today said that the judge for pre-trial investigations has decided today to grant the request for monetary measures made by the two Finmeccanica-owned companies AgustaWestland SpA and AgustaWestland Ltd, jointly with the Public Prosecutor. The judge has, in accordance with the said requests, decided to endorse the imposition of an 80,000 Euro fine regarding AgustaWestland SpA and of a 300,000 Euro fine, alongside the confiscation of 7
Russia and India are reportedly planning on signing a contract to supply India with A-50 airborne early warning and control aircraft, according to Beriev Aircraft Company General Director-General Designer Igor Garivadsky. “We plan on signing a deal with the Republic of India to deliver the A-50 aircraft,” Garivadsky was quoted as saying
Defense Minister Arun Jaitley Wednesday reviewed the progress of the indigenous Scorpene submarine construction and other ongoing warship building projects, including the P-15B Class stealth destroyers, Press information Bureau reported. "With all the impediments and material hurdles resolved, the construction of the submarines is progressing on schedule to meet the planned delivery schedule of September 2016," the report said
Finmeccanica today clarified in a statement that it has not received any official communication from any relevant authorities from India regarding the recent media reports on decisions made by the Ministry of Defense pertaining to its existing and future contracts in India. Local media reported Monday that Finmeccanica and its subsidiaries will be allowed to continue doing business in India and will not face blacklisting
The Indian Navy will deploy its MiG29K/KUB, for the first time in over four years of their service, towards the eastern seaboard. Preparations have begun to deploy and permanently base a full squadron (consisting 17 aircraft) of these fighters to strengthen the security of Indias energy-rich and trade-wise vital, eastern seaboard, according to local media reports
Arms deals that come with hefty price tags are being cancelled in growing numbers with governments preferring to procure weapons for lower costs or develop them indigenously. Earlier this year, India cancelled a $650 million deal with BAE Systems for the procurement of M-777 howitzers
Russian and Indian troops will undergo training to fight under city conditions with mobile targets and enemy vehicles, according to Itar-Tass. A residential district is being constructed in the Volgograd region where the Russian-Indian Indra-2014 tactical exercises will begin September 23
The Indian armed forces will get 440 light utility helicopters indigenously developed by state-owned Hindustan Aeronautics Limited (HAL) and private sector firms in partnership with foreign players, local media reported Friday. The armed forces had projected their requirements to the Defense Ministry before the government scrapped a $993 million tender to procure 197 such helicopters for the Army and the Air Force
India plans to export defense equipments and armaments built indigenously to other friendly countries, according to local media reports. The BrahMos missiles might become the first to be exported to Southeast Asia and South American countries while Vietnam, Indonesia and Venezuela have expressed willingness to procure the missile
A third judge has been appointed at long last in the international arbitration requested by AgustaWestland against India after the cancellation of the 560 million euro AW101 helicopter contract in December. The news of the appointment comes only days after Indias Central Bureau of Investigation announced it has failed to find any evidence of bribery while the Italian magistrates have similarly dropped all charges against AW and its parent company, Finmeccanica
After years of delays, the Indian Ministry of Defense has cleared a proposal to buy 16 multirole helicopters worth $1 billion for the Navy. The clearance was reported given at the Defence Acquisition Council (DAC) yesterday meeting chaired by the Defence Minister Arun Jaitley, according to Indian media reports
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