Vietnam is interested in buying 14 fast patrol boats for an approximate US $212 million from Indian Garden Reach Shipbuilders and Engineers Ltd (GRSE).
“Tomorrow a Vietnamese delegation is coming to see our facility and to discuss on procuring about 14 fast patrol boats for coastal surveillance,” GRSE chairman and managing director Admiral A K Verma said today at MCC Chamber of Commerce and Industry during an interactive session with the Ambassador of Vietnam.
Verma said tentative cost for the boats could be in the range of $15 million each.
GRSE officials said the Vietnamese delegation had also visited the L&T and Pipavav shipyards, but it was not clear whether it was for the procurement of patrol boats.
GRSE has already produced 18 similar fast patrol boats for the coast guard in the past.
“We have the design, knowhow and capability to produce. We have done in the past and are very hopeful to get this export order,” Verma said.
The contract was expected to be finalized by the year end and if it sailed through, then it would be the second export order for GRSE after an offshore class vessel worth $54 million order for Mauritius.
Vietnam defense ministry is insisting drone operators to have license before they set them flying. The Ministry of Defense said that agencies also have to make sure that all operators, traders and producers of drones have a license before they can start flying drones
Vietnams discussions with Russia to purchase two Gepard-class light frigates is in the last stage of negotiation. A deal could be reached by the end of the month, the sources told RBTH on Friday
Russia has delivered fourth of six Varshavyanka class submarines of Project 636.1 to Vietnam on Tuesday
Vietnam is in talks with European and US aircraft manufacturers to buy fighter jets, maritime patrol planes and reconnaissance drones, agencies reported Friday. As part of its military modernization, Vietnam has three Russian-built Kilo-attack submarines and has three more on order as part of a $2
The State Department has approved a possible Foreign Military Sale to Bahrain for 35 Meter Fast Patrol Boats costing $60.25 million
Vietnam Navy commissioned two Russian designed and locally made missile corvettes, HQ-379 and HQ-380 into service on Thursday. The corvettes, built locally by Ba Son Shipyard, are armed with 16 Uran-E missiles of 130 km in range, an AK-176M automatic gun, and two AK-630 ship-borne artillery systems, Thanh Nien News reported today
The Vietnamese government wary of Chinese boats entering its waters has introduced a new rule allowing coast guard forces to use weapons to chase away foreign vessels entering the countrys waters illegally. The rule is slated to come into effect on October 20
BAE Systems’ Active Inceptors Certified on Gulfstream G600 and G500
Currently Studying How To Combine US Patriots, Turkish S-400s: NATO
Russia, Turkey Set-up New Military Bases in Northern Syria
Russia's Atlet Clears Anti-shelling, Anti-Blast Tests, to Enter State Trials in 2020
Airman falls from USAF C-130 While Training Over Gulf of Mexico: Reports
Russia to Lease New Military Airbase in Syria
AW101 Helicopter Crashes on top of Italian Battleship Deck
Germany To Finalise Order for 38 Eurofighter Jets, 110 E-Scan Radars
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...