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Category Archives: News

India, Korea signs MOU for Cooperation in Shipbuilding

India and Korea has recently signed an Inter-Governmental MOU for Defence Industry Co-Operation in Shipbuilding. Hindustan Shipyard Limited (HSL), Visakhapatnam from the Indian side is nominated for the collaboration. The co-operation with the recommended Korean Shipyard would enable HSL to upgrade and modernise its facilities and execute naval shipbuilding projects in a timely...

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L&T Joint Ventures

L&T is likely to form a JV with Hanwha Techwin (Earlier Samsung Techwin) to supply 100 self-propelled gun K-9 Vajra-T’ 155-mm/52-calibre howitzers, under the  Make in India programme worth about Rs. 4,600-crore. Earlier, L&T forged a 51:49 joint venture with MBDA Missile Systems with an eye on Rs. 10,000 defence segment to design,...

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Rolls-Royce opens defence service in India

The Rolls-Royce has opened a defence service delivery centre in India to improve capability and provide faster front-line support service. Currently over 750 engines in a range of aircraft is being used by the defence as well as commercial aircrafts, such as the C-130J, Hawk advanced jet, Embraer and Jaguar, among others. http://www.livemint.com/Companies/m5gMIr8JXE16Sfjqg9xLBP/RollsRoyce-opens-defence-service-delivery-centre-in-India.html...
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ISRO’s new Partners

HAL and L&T will be the new partner of ISRO, to build space rockets. Both HAL and L&T likely to given a 20% stake in this JV while Godrej, Walchand Industries Ltd may get around 3% each, while 1.5% stake may be parked each with other three small avionics partners. The first launch...

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Indian Navy’s second Aircraft Carrier

Indian Navymost likely to approach government for second indigenous aircraft carrier. Currently it has only one aircraft carrier, INS Vikramaditya, with INS Viraat retired on March 6 this year.  India at any time requires three aircraft carriers, one each on the east and west coast and the third one as a replacement for...

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Scorpene Submarines

Mazgaon Docks Ltd. (MDL) is manufacturing six Scorpene conventional submarines with technology transfer from DCNS under a $3.75-billion deal signed in October 2005.The first submarine Kalvari is now in advanced stages of sea trials and expected to be commissioned in a few months. The second submarine Khanderi was launched in January 2017. Discussions...

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