The New Look Strategic Partnership Policy document on Defence Manufacturing, likely to be released anytime soon, will encourage competition and fulfill the objective of turning India into a global defence manufacturing hub in line with the Prime Minister Narendra Modi’s Make in India initiative.
Boeing Co said on Thursday it had signed a $3.4 billion contract with the US government through which the US Army and an international customer will buy the latest Apache attack helicopter — the Apache ‘E’ variant.
The critical shortage of helicopters has emerged as the most alarming operational gap in the Navy, even more than submarines
Mahindra has become one of the leading partners of Airbus as the European group seeks to increase its market share in India.
Russian Helicopters will repair 30 Indian Mi-17-1B multi-role helicopters in Novosibirsk aircraft repair plant in the next three years.
India and Russia are nearing a joint venture to make light helicopters in India, reviving a plan announced by Russian President Vladimir Putin in 2015.
India’s military plane-maker Hindustan Aeronautics Limited is looking at commercial borrowings to fund part of its Rs 17,500 crore planned expenditure to build new fighters