Defence Manufacturing Current Affairs - 2019

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Odisha Government launches Aerospace and Defence Manufacturing Policy 2018

Odisha Government launched Aerospace and Defence Manufacturing Policy 2018. The policy is aimed to carry forward process of industrialization through promotion of aerospace and defence manufacturing enterprises, generate employment opportunities and promote value addition. Key Features of Polity It proposes to extend subsidy upto 50% of cost of land, building, plant and machinery to special Read More…

Month:  Categories: States

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Lockheed Martin, Tata JV to make F-16 jet wings in India

American security and aerospace giant Lockheed Martin has entered into an agreement with Tata Advanced Systems Limited (TASL) to manufacture wings of its F-16 fighter jets in India. Producing F-16 wings in India will support Central Government’s flagship ‘Make in India’ programme and strengthen Lockheed Martin’ strategic partnership with TASL. Key Facts Lockheed Martin and Read More…

Month:  Categories: Defence & Security

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DAC approves implementation of Strategic Partnership guidelines

Defence Acquisition Council (DAC) chaired by Union Defence Minister Nirmala Sitharaman has approved implementation of Strategic Partnership guidelines. It is considered as major step towards boosting private sector participation in domestic defence manufacturing. The policy had come into effect in May 2017 but progress was delayed due to lack of specific guidelines. Strategic Partnership Guidelines Read More…

Month:  Categories: Defence & Security

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Six bids to supply 110 fighters for IAF

Six global aircraft manufacturers have responded Indian Air Force’s (IAF) Request for Information (RFI) to supply 110 fighter aircrafts to replace its ageing fleet of MiG-21s and MiG-27s, which are being phased out of service. Of the six bids received, Lockheed Martin F-16 and SAAB Gripen are single-engine fighters, while Dassault Rafale, Boeing F-18, Eurofighter Read More…

Month:  Categories: Defence & Security

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SAAB, Adani Group announce collaboration for defence manufacturing

Swedish defence and security company SAAB and Indian conglomerate Adani Group have announced collaboration in defence manufacturing entailing billions of dollars of investment. The partnership was announced mainly for design, development and production of single engine Gripen fighter jets under ‘Make in India’ if they win government contract to equip Indian Air Force (IAF) with Read More…

Month:  Categories: Defence & Security

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Lockheed and Tata sign Pact to make F-16 Planes in India 

  Lockheed Martin and India’s Tata Advanced Systems have signed a pact to produce F-16 fighter planes in India. The two companies have announced their agreement at the Paris Airshow. Lockheed Martin’s move to forge a joint venture with Tata is aimed at winning billions of dollars worth order from the Indian military. Lockheed Martin is one of the largest Read More…

Month:  Categories: Defence & Security

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