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 to begin supplying F-16 wings from Indian plant in 2020

Lockheed Martin could begin supplying wings for its F-16 combat jets from a facility in southern India from next year, a senior executive said. Lockheed is bidding for a contract, estimated at more than $15 billion, to supply the Indian Air Force with 114 combat planes and has offered to...

Dassault Brings Largest Defense FDI to India

"Dassault will emerge as the single largest FDI investor in the defense sector. The cumulative FDI in the defense sector in India till date is $6 million," Rajesh K. Dhingra, president, Reliance Defense & Aerospace, said at an interview with the Economic Times. France's Dassault will manufacture a significant part...

India Finalizes (Finally) Rafale Fighter Buy

The long-awaited inter-governmental agreement for the purchase for 36 Dassault Rafale Jets was signed in New Delhi on Friday 23 September between India's minister for defense Manohar Parrikar, and his French counterpart Jean Yves Le Drian. Eric Trappier, Dassault Aviation chairman and CEO, was also present. The deal is worth...

India looks to European and American Companies for a Light Fighter to Replace MiG 21

Defense Minister Manohar Parrikar announced that, in addition to the Rafale, India could buy a second foreign fighter, in the lightweight category, to replace several MiG-21 squadrons that will retire this decade. Lockheed Martin’s F-16IN Super Hornet, Swedish company Saab’s Gripen NG,  the Russian Yak-13,  may  be contenders for the...

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