Navi Mumbai based Reliance Infrastructure-controlled Reliance Naval and Engineering signed a master ship repair agreement with the U.S. Navy. In January this year, the Reliance Shipyard at Pipavav in the western state of Gujarat was qualified by the U.S. Navy to perform complex repair and alternation services for its Seventh...
Reliance Defense Acquires SAAB Stake in Pipavav
Security and defense company Saab of Sweden has sold its stake – approximately 3.3 percent – in Pipavav Defense and Offshore Engineering Company Limited to Reliance Defense Systems. The value of the transaction was not revealed, but it forms part of Reliance Defense's efforts to expand its ownership in Pipavav....
India's Pipavav to Manufacture Japanese Amphibious Aircraft
India and Japan are to finalize an agreement to jointly produce the US-2 amphibious aircraft during Japanese Prime Minister Shinzo Abe’s upcoming visit to India. This will be the first defense deal between the two countries. The aircraft will be produced in India as part of Prime Minister Modi's Make...