The United States has approved two arms sales to India worth $92.8m , including Javelin anti-tank missiles and Excalibur precision artillery projectiles. This has been in the works for many months. I expect a much larger announcement of weapon purchases by India shortly, given the geopolitical winds. The $45.7 million...
BAE Scouts for Global Supply Chain Vendors in India
Paul Smith, chief procurement officer of London, U.K.-headquartered BAE Systems, scouted for suppliers from among 70 Indian companies to feed into their global supply chain. Smith said his company would like Indian suppliers to satisfy and execute the $221 million offset contracts for the Indian Army order for 145 M777 ultra...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
India Clears Purchase of Howitzers from U.S. Supplier
India's defense ministry sources said that the cabinet committee on security, chaired by prime minister Narendra Modi, has cleared the acquisition of 145 M-777 ultra-light howitzers from the U.S. in a government-to-government deal worth $737 million. Defense-aerospace.com reports that the deal, which has a 30% offset clause, will be inked...
India Approves Purchase of Light Howitzers from U.S.
India’s Ministry of Defense approved a $750 million deal for the purchase of 145 Ultra Light howitzers from Arlington, Virginia-based BAE Systems for the Mountain Strike Corps that defends India's borders. Unlike traditional guns, these howitzers can be slung on helicopters and transported over difficult mountainous terrains. According to the terms of...
U.S. Submits $700 Million FMS Offer for India to Acquire 145 Howitzers
The U.S. government submitted an over $700 million offer for India to acquire 145 M-777 ultra-light howitzers. Sources said the Pentagon’s “letter of offer and acceptance”, submitted to the Indian defense ministry under the American foreign military sales program is now likely to lead to a government-to-government contract within 180...