India might consider acquiring four warships from Russia’s Yantar shipyard, which has built six frigates for the Indian Navy, Ria Novosti quoted the Shipyard’s chief Oleg Shumakov as saying on Wednesday.
"We will explore the possibility of new orders to build [vessels] for the Indian fleet. In any case, India has already said it is interested in acquiring four more advanced modified ships," Oleg said.
Representatives of the shipyard are expected to discuss the question of future contracts during talks in India later in February, Shumakov added.
He described the shipyard's experience in building Talwar-class frigates for the Indian Navy as "fruitful and mutually beneficial."
The firm has delivered the last of the three guided missile frigates to India in 2014 based on $1.6 billion contract signed in 2006.
Indian government intends to purchase 22 Harpoon missiles for Indian Navys Shishumar Class submarines from US costing an approximate $200 million, Stratpost reported today. India has so far ordered 26 missiles for the eight P-8I Long Range Maritime Reconnaissance (LRMR) aircraft at an estimated $200 million that will be integrated by Boeing and 24 missiles for the Indian Air Force (IAF) Jaguar aircraft for $170 million integrated by Hindustan Aeronautics Limited (HAL)
Indian MoD and Dassault Aviation may have arrived to an understanding regarding the guaranteeing, costs and man hour issues in the $20 billion Indian MMRCA deal to buy 126 Rafale fighter jets for the Indian Air Force. This follows a meeting yesterday between French Defense Minister Jean-Yves Le Drian and his Indian counterpart, Manohar Parrikar
The Indian Government has so far issued 251 Letters of Intents and industrial licences covering 150 companies till January 2015 for manufacture of defence equipment to public, private companies. 49 license companies covering 72 licenses have so far reported commencement of production, defence minister Manohar Parrikar told Indian parliament today The following major steps have been taken for domestic manufacture of defence equipments: FDI Policy in Defence sector has been reviewed and as per the new policy, composite foreign investment up to 49% has been allowed through FIPB route and beyond 49% with the approval of Cabinet Committee on Security (CCS) wherever it...
Difficulties faced by Mazgaon Docks Limited (MDL) in sourcing material from foreign vendors is mainly responsible for the delay in the production of the Scorpene submarine for the Indian Navy. This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Dr
French Defense Minister Jean-Yves Le Drian met his Indian counterpart, Manohar Parrikar on Tuesday in what is being described as a "last ditch" attempt to sell 126 Dassault Rafale jets estimated at US$20 billion. The absence of an official comment from Paris or New Delhi about the meeting has allowed speculation to gain ground about what transpired, prominent among which is that the stalemate continues
Russian Air Force is expected to receive first aircraft tanker (Il-78-90A) fully produced in the nation by 2018, a defense industry source told RIA Novosti on Monday. Earlier the Il-78 aircraft had been assembled by the Tashkent Chkalov Industrial Group in Uzbekistan
Russia has come up with a new variation on the US Humvee or HMMWV that can seat 10 soldiers and weighs an approx. 4
The Indian MoD has formulated a Defence Export Strategy and also a Standard Operating Procedure for issuing ‘No Objection Certificate (NOC) for export of ‘military stores. Since 2008, the directorate general of foreign trade has empowered the department of defence production to issue the NOC
Indian Finance Minister Arun Jaitley announced today that the government would allocate a budgetary estimate of INR 2.46 trillion (US$40
Indian Government will be funding its first “Make” contract that involves two private consortia (BEL-Rolta and Tata Power and L&T) for a battlefield management system development project of the Indian armed forces. The government will be funding 80 percent of the prototype cost and the remaining 20 percent will have to be borne by the consortia
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