Defence
India to pare down foreign defence contract payments
12 Mar 2016
India plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, defence minister Manohar Parrikar said on Friday
Tata Motors, Bharat Forge, GDLS team up for Rs50,000-cr Army project
08 Mar 2016
Lighter, futuristic future infantry combat vehicles that are both amphibious and air-portable and are capable of firing anti-tank guided missiles to ranges beyond four km, will replace the Army’s fleet of 2,610 Russian-designed BMP series armed vehicles
BAE selects Mahindra Defence for Howitzer partner
17 Feb 2016
BAE Systems has selected Mahindra Defence Systems as its partner for the in-country assembly, integration and test facility for the M777 Ultra Lightweight Howitzer
Egyptian cleric masterminded Russian jet crash?
09 Nov 2015
Lockheed Martin expects to close $9 bn acquisition of Sikorsky Aircraft this week
04 Nov 2015
The acquisition of Sikorsky is the biggest by Lockheed since its $10-billion purchase of Martin Marietta in 1995, and also the biggest aerospace deal after the 2012 acquisition of Goodrich by UTC for over $16 billion
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