India strengthened its commitment to modernizing its air power and boosting its self-reliant defense program with an acquisition. The nation finalized a deal worth over $1 billion with the Fairfield, CT-headquartered aerospace company General Electric for another 113 GE-F404 jet engines. These critical power plants are destined for the indigenous Tejas...
Safran to Expand Revenue in India, Multiply India Sourcing
At a ceremony in Hyderabad, with the participation of Prime Minister Narendra Modi, and in the presence of Ross McInnes, Chairman of Safran’s Board of Directors; and Olivier Andriès CEO, Safran inaugurated its largest MRO (maintenance, repair, overhaul) center for the CFM International LEAP engine. Headquartered in France, the company also...
Lockheed Martin, India’s Tata Advanced Systems, Expand Collaboration
Lockheed Martin and India's Tata Advanced Systems Limited have entered into a teaming agreement to expand their business relationship centered on the C-130J Super Hercules tactical airlifter. This collaboration aims to enhance India's defense and aerospace capabilities while strengthening India-U.S. strategic ties. The agreement outlines two primary areas of potential...
Rolls-Royce and HAL India to Make Adour Engine Parts
Bangalore-based Hindustan Aeronautics Limited (HAL) signed a pact with Rolls-Royce to manufacture Adour Engine parts for Rolls-Royce’s international defense customer base. The agreement was exchanged between B Krishna Kumar, executive director (Engine & IMGT), HAL and Abhishek Singh, senior vice president – Defense, India and South East Asia, Rolls-Royce, on...
India Orders SeaHawk Helicopters, supporting American jobs
India’s Air Force and Navy have committed to investing $7.8 billion to acquire 24 Seahawk MH60R helicopters from the Sikorsky business unit of Lockheed Martin Corporation. Half this project will support jobs at Owego, NY and most of the rest at Stratford, CT where Sikorsky is headquartered. India will possess...
India's Defense Ministry Plans $223 Billion Spend
India is planning to spend $223 billion on weapons over the next eleven years. Defense Minister Manohar Parrikar has asked his ministry to project the expected cost of upgrading and modernizing India's armed forces. An annual hike of 8 percent in capital spending will be allocated in each year's budget....