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3.19 Lakh Crore Earmarked for Defence in Budget 2019-20

  NEW DELHI. Approximately about Rs 3.19 lakh crore has been earmarked for Defence (excluding Defence Pension) in the Union Budget for the financial year 2019-20 presented by Interim Finance Minister Piyush Goyal in the...

Raytheon Company Wins $7 Million Contract for Repair of APY-10 Radar System for P-8A Aircraft

WALTHAM, Mass.Raytheon Company was awarded the following contract as announced by the Department of Defense on January 9, 2019. Raytheon Co., McKinney, Texas, was awarded $7,124,695 for firm-fixed-price delivery order N00383-19-F-G000 under previously awarded basic...

DAC Approves Indigenous Construction of 6 Project 75(I) Submarines at 40,000 Cr

  NEW DELHI. In a landmark decision the Defence Acquisition Council (DAC) on January 31 approved indigenous construction of six submarines for the Indian Navy at a cost of over Rs 40,000 crores. This is the...

OHB and IAI Team in Proposing Lunar Surface Access Service to the European Space Agency

OHB System AG, a leading German manufacturer of satellites and Israel Aerospace Industries (IAI), signed a teaming agreement on January 29, 2019 at the Ilan Ramon Space Conference. Under the agreement, the companies will...

Vice Admiral Ajit Kumar P Takes Charge of FOC-in-C Western Naval Command

  NEW DELHI. Vice Admiral Ajit Kumar P took over as the Flag Officer Commanding-in-Chief (FOC-in-C) of the Western Naval Command at Mumbai on January 31. He succeeds Vice Admiral Girish Luthra, PVSM, AVSM, VSM, ADC...

LT Gen Rajeev Chopra Takes Over as DG NCC

  NEW DELHI. Lt Gen Rajeev Chopra assumed the appointment of Director General of NCC (DGNCC) in New Delhi on January 31. Commissioned in the Madras Regiment in December 1980, Lt Gen Chopra is an alumnus...

Government, GSL Sign Agreement for Construction of 2 Follow-on Ships with Russian Assistance

  NEW DELHI. In line with an Inter-Governmental Agreement (IGA) signed between the Government of Republic of India and Government of Russian Federation on October 15, 2016 for construction of additional Project 1135.6, the Government...

Vice Admiral MS Pawar Assumes Charge as New DCNS

  NEW DELHI. Vice Admiral MS Pawar assumed charge as Deputy Chief of the Naval Staff (DCNS) on January 30. An alumnus of Sainik School Korukonda and the 60th course of National Defence Academy, Khadakwasla, Pune,...

BEL Registers 20% Growth in Top Line up to Q3

  NEW DELHI. In the nine month period up to December 2018, Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a net turnover of Rs 8,016.62 crore, registering a growth of about 20 per cent...

Raytheon Company Wins $81 Million for Retrofit of F/A-18E/F and EA-18G Aircraft

  WALTHAM, Mass. Raytheon Company was awarded the following contract as announced by the Department of Defense on January 2, 2019. Raytheon Co., El Segundo, California, was awarded $81,224,627 for modification P00007 to a previously awarded...

Raytheon/Lockheed Martin Javelin Joint Venture Awarded Contract for 2,100 F-Model Missiles, Marking Initial Full-Rate Production

  ORLANDO, Florida. The Javelin Joint Venture was awarded a production contract for 2,100 F-Model (FGM-148F) missiles, following a successful and rigorous system qualification test program that included 21 successful flight tests. The contract launches...

Leading US-Based Advanced Composites Company Hexcel to Start India Operations, Exhibits at Aero India 2019

  STAMFORD, Conn. A US-based leading advanced composites company Hexcel is exhibiting at the Aero India show for the sixth time, continuing to support customers in the Indian subcontinent and throughout Asia, a company press...

Boeing Receives $2.4 Billion P-8A Poseidon Contract From US Navy

  ARLINGTON, Va. The US Navy has awarded Boeing a $2.4 billion production contract for the next 19 P-8A Poseidon aircraft. The contract includes 10 aircraft to add to the current inventory of P-8As in the...
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