Defence Deals Current Affairs - 2020

India-Turkey Kashmir Irritant: India proceeds with FSV Indian Navy Agreement with Turkey

In October 2019, India had put the Fleet Vessel Ship (FVS) Agreement on hold. The agreement was signed with Turkey to manufacture 45,000 tonne FSV at Vishakhapatnam. Highlights India and Turkey signed the FSV agreement in 2016. FSVs are important for the Indian Navy to transport fuel and other supplies for warships at sea. Agreement Read More…

India and Israel sign Rs 880 crore Defence Deal

On March 19, 2020, the Indian Armed Forces operating under Ministry of Defence signed an agreement with the Israel Weapons Industry. According to the agreement, India is to procure 16, 479 LMG (Light Machine Guns) for Rs 880 crores. Light Machine Gun The Light Machine Guns are used as squad automatic weapons. The LMG were Read More…

India’s 40 million USD defence deal with Armenia beats Russia and Poland

On March 1, 2020, India bagged a deal to supply 4 indigenously built radars (capable of locating weapons) to Armenia. The deal was worth 40 million USD. Highlights India and Armenia signed deals on DRDO built “Swati” weapon locating radars. Armenia has decided to go with Indian built radars after testing Russian and Poland made Read More…

India and Russia Defence Deals to cross 16 billion USD after DefExpo 2020

India and Russia have signed 14 MoUs during the DefExpo 2020. It included land, air, naval and other hi-tech civilian products. With the agreements signed the Defence trade between the countries is to cross 16 billion USD. Highlights The trade of 16 billion USD between the countries includes S400 missiles, Kamov helicopters and Kalashnikov rifles. Read More…

US approves sale of 13 MK45 Naval gun worth $1 billion to India

United States of America (USA) has approved Foreign Military Sale to India of 13 MK45 5 inch/62 caliber (MOD 4) Naval guns and related equipment for an estimated cost of $1.0210 billion. The principal contractor in this India-US defence deal will be BAE Systems Land and Armaments, Minneapolis, Minnesota with gun manufacturing in Louisville, Kentucky. Read More…