India’s Bharat Dynamics (BDL) has signed MoU with Electronics Corporation of India(ECIL) to co-develop missile electronics and weapon support systems.
The collaboration will enable both the organisations to enhance business opportunities in the area of missiles and underwater weapon systems for upcoming defence programmes, the companies announced in a statement on Monday.
The MoU was signed between V Udaya Bhaskar, Chairman and Managing Director, BDL, and P Sudhakar, Chairman and Managing Director, ECIL.
Bharat Forge and Punj Lloyd will be the only contenders for Indian Armys US $2.6 billion (16,800 crore INR) anti-aircraft gun replacement contract, Economic Times reported Wednesday
Boeing has signed a multi-year contract with Bharat Forge of India to supply titanium forgings for wing components for the Next-Generation 737 and 737 MAX. Bharat Forge will begin supplying pre-machined forgings from its facilities in Pune and Baramati to Boeing in the first quarter of 2016
BEL, together with the Indian Navy and Coast Guard, has developed a new naval intelligence network to track ships in real time. Defense Minister Manohar Parrikar inaugurated the Information Management and Analysis Centre (IMAC), nodal centre of the National Command Control Communications and Intelligence Network (NC3I Network) on Sunday
The Indian government has raised the validity of industrial license for defense manufacturing to 15 years and extendable provision by upto 18 years. Currently, the initial validity for defense sector stands at seven years and further extendable up to 10 years
India is likely to become a member of the Missile Technology Control Regime (MTCR) that would enable the nation to get close to technology control regimes. The move is supported by the US which has indicated it would to share sensitive technologies such as armed drone with India if the former signs up for the MTCR
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