Archive For The “Business” Category

IAF commits to 324 Tejas fighters, provided a good Mark-II jet is delivered

After years of being critical of the Tejas fighter, which is still not combat-ready 35 years after the light combat aircraft project was first approved by the government, the IAF has now agreed to induct 324 of the indigenous jets in the long-term to make up for its fast-depleting number of fighter squadrons. IAF has “firmly committed” to 123 […]

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Godrej Aerospace bags ¹ 200-cr. Order

Godrej Aerospace, a unit of Godrej & Boyce Mfg. Co. Ltd., has expanded its partnership with Rolls-Royce with the latter awarding contracts worth ¹ 200 crore for manufacturing aero engine components. The contract is for manufacturing products like unison rings, complex fabrication and external brackets commodities, which once in manufacturing, will result in shipment of […]

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CSIR-NIO wants to be more self-reliant in FY 2018-19′

With around 30 per cent of its funding coming from non-CSIR sources, Goa-headquartered National Institute of Oceanography (NIO) is hoping to become more self reliant in the next financial year.In a major innovative programme, the world-renowned science institute is researching how sea weeds or other underground flora and fauna can be used for the betterment […]

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UDAN-2: 325 more routes; IndiGo, Jet Airways join with chopper operators

Affordable regional connectivity by air could soon be a widespread reality with India’s biggest airlines joining the Modi government’s ambitious UDAN (ude desk ka aam nagrik) scheme. The aviation ministry on Wednesday said IndiGo and Jet Airways are among the players awarded 325 routes in the second round of UDAN bidding. SpiceJet and Alliance Air,which […]

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India begins talks with Russia for Rs 39,000 cr Triumf missile shield deal

India has now begun final contract negotiations with Russia for the Rs 39,000 crore (over $5.5 billion) acquisition of five advanced S-400 Triumf air defence missile systems+ , which can detect, track and destroy hostile strategic bombers, stealth fighters, spy planes, missiles and drones at a range of up to 400 km and altitude of […]

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Indian Air Force initiates Rs 33,000-cr buy of 83 Tejas fighters

In a big step towards defence indigenisation, the Indian Air Force (IAF) has issued Hindustan Aeronautics Ltd (HAL) a tender for 83 Tejas light combat aircraft (LCA). HAL issued a brief note stating: “HAL has received Request for Proposal (RFP) for 83 LCAs from Indian Air Force.” Earlier the defence minister stated in a written reply in Parliament: “Defence Acquisitions Council (DAC) has […]

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We are excited about making F-16 aircraft in India: Lockheed Martin Official

Lockheed Martin is excited about the prospect of making F-16 fighter aircraft in India and making India a global manufacturing and supply base for the aircraft, according to Phil Shaw, the Chief Executive of Lockheed Martin India Pvt. Limited. He was speaking here after participating in a programme – Girls in aviation sector – jointly […]

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Boeing to make aircraft components near Bengaluru

Global aerospace major Boeing would make aircraft components and subsystems at a new facility it would soon set up on the city’s outskirts, a senior official said. “The state government approved Boeing’s proposal to set up an engineering and technology facility with electronics and avionics manufacturing and assembly at an investment of Rs 1,152 crore,” […]

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Godrej Aero gets new BrahMos contract

Godrej Aerospace, a unit of Godrej & Boyce Mfg. Co. Ltd., has won an order for an additional 100 units of airframes for the air launched version of BrahMos missile. The company handed over the 100th set of airframe assemblies to BrahMos Aerospace Pvt. Ltd. ( BAPL) for use in its missile systems. “It gives […]

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Stalled AWACS deals hit Air Force

If airborne warning and control systems (AWACS) are considered “eyes in the sky”, India is battling debilitating cataract in this military arena. Even as China and Pakistan induct more such force-multipliers, the IAF is faced with a double whammy due to a deadlocked deal with Israel and Russia as well as painfully slow progress in indigenous efforts. IAF currently […]

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