India’s Bharat Electronics (BEL) and Russia's Rosoboronexport have signed a Memorandum of Understanding (MoU) for the joint development of various sub-systems of defense projects under the Offset clause at Defexpo India 2016 today.
Under the framework of this MoU, BEL and Rosoboroneexport will co-operate for the joint development of various sub-systems of major Defence projects under the Offset clause of the Defence Procurement Procedure (DPP) of the Ministry of Defence, Government of India. The industrial tie-up will cater to the requirements of all the three arms of the Indian Defence forces, as well as the civilian sector, BEL said in a statement Tuesday.
Boeing will showcase a range of advanced aerospace and defense products that include multirole fighter aircraft, attack and heavy lift helicopters, transport aircraft, maritime reconnaissance aircraft, weapons and unmanned systems during the upcoming DefExpo exhibition in Goa, India. The main focus of Boeings participation will be on collaborative achievements with India and further collaboration in manufacturing aerospace parts and components, the company said in a statement Saturday
There is no ban on companies blacklisted by the Ministry of Defense to participate at the upcoming DefExpo exhibition starting next week at South Goa, India. Unlike last time, there is no bar on blacklisted companies from taking part in the Defence Expo
The organizer of US pavilion Kallman Worldwide, Inc. at the DefExpo 2016 is advocating a “Ask America First” campaign to promote the product of countrys exhibitors
South Korea's defense procurement agency will shift its "offset-trade" policy from technology transfer to industrial cooperation or local manufacture in its future deals with foreign defence exporters. The change will lead to additional exports worth US$270 million between 2020 and 2024 and the creation of some 3,700 jobs, the Defense Acquisition Program Administration (DAPA) said in a statement Tuesday
Indias state-owned defense electronics manufacturer, Bharat Electronics sits on a current order book value of over INR 40000 crore (US$6.2 billion) and is expecting an additional INR 13,000 crore (US$2 billion) this year
Russian Rosoboronexport and Remdiesel signed an agreement to promote Typhoon-K truck (KAMAZ-53949) on foreign markets. The document was signed by Anatoly Isaikin, Rosoboronexport's CEO, and Faiz Khafizov, Remdiesel's CEO
India is facing acute shortage of spares for its military equipment bought from Russia. The defense ministry has called for a meeting with Indian private defense industry next week
Bharat Electronics Ltd (BEL) has been chosen as one of ‘Indias Top 500 Companies at the Dun & Bradstreet Corporate Awards 2016 function held in Mumbai recently. Mr M M Pandey, GM (Navi Mumbai), BEL, received the award for BEL from Dr Bibek Debroy, Member, NITI Aayog, Government of India, the chief guest
Russias Rosoboronexport will present a new automated after-sales service (ASS) system for land forces weapons, military and special equipment at the KADEX Arms Exhibition 2016 to be held on June 2-5, 2016 in Astana, Kazakhstan. The projects proposals are aimed at organizing maintenance and repair of weapons and military equipment, logistics support, training, as well as establishing an information system as an after-sales service process management tool
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