Archive For October, 2018

Lockheed, Tata in JV to make F-16 jet wings

In a major boost to the ‘Make in India’ initiative, American security and aerospace giant Lockheed Martin announced that the wings of its F-16 fighter jets will be produced in India. Maryland-based Lockheed Martin has entered into an agreement with Tata Advanced Systems Limited (TASL) for the project. Lockheed officials insisted that the planned F-16 […]

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Pvt sector to get Rs 9K cr for space launch vehicles

A bonanza awaits the private sector in space vehicle manufacturing. Indian Space Research Organisation (ISRO) chairman Dr K Sivan said the private industry will get over Rs 9,000 crore out of the Rs 10,400 crore announced by Prime Minister Mr Narendra Modi for the manufacture of 40 launch vehicles. At the launch of the sixth […]

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