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Defence minister Parrikar says he would like to see a strong partnership with Japan in defence equipment and technology India and Japan pledged to deepen their defence ties as the two nations seek to counter China’s growing influence in the region amid escalating territorial disputes. Defence minister Manohar Parrikar called…

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Larsen & Toubro today said it has bagged a contract worth Rs. 1,432 crore from the Defence Ministry for design and construction of seven offshore patrol vessels for the Indian Coast Guard. Offshore Patrol Vessels (OPVs) under the project are long range surface ships, capable of operation in maritime zones…

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Some of the European defence sector's best-known executives will advise the EU on how to reverse a slide in spending on military research which is seen as threatening its long-term viability. Many European governments have cut spending on defence and related research and development since the 2008 global financial crisis,…

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South Korea on Monday selected Korea Aerospace Industries (KAI) and partner Lockheed Martin for a multi-billion-dollar contract to develop 120 "indigenous" fighter jets to replace Seoul's aging fleet. The bid from KAI and the US aerospace giant, which is subject to a screening process before being officially approved, was always…

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Alenia Aermacchi is in talks with an unnamed US company to become the prime contractor for the T-100 trainer, a day after General Dynamics Information Systems & Technology withdrew itself from that role. General Dynamics, meanwhile, is denying that the decision to remove itself as the prime contractor for the…

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The defence ministry on Saturday cleared a proposal for Airborne Warning and Control System (AWACS) to be developed by the Defence Research and Development Organisation. The Defence Acquisition Council (DAC) at a meeting cleared the proposal for two AWACS, which includes buying two Airbus A330s, worth Rs.5,113 crore. Airbus was…

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Global conglomerate Hinduja Group is making a foray into the defence sector in a "big way" and may soon add it as their 11th autonomous business to "strengthen India's self-security". The London-based Hinduja group has the ability to manufacture parts that might be needed in the field of defence equipment,…

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Four contenders will compete for a Turkish contract designed to outfit the country's aircraft with stand-off jammer (SOJ) systems. According to Turkey's procurement office, the Undersecretariat for Defense Industries (SSM), the contract will see one US-based company competing against three Turkish rivals. SSM said the four bidders are Aselsan —…

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South Korea chose a state-run aircraft maker on Monday as the sole preferred bidder for a contract to develop a midlevel fighter jet with the help of Lockheed Martin Corp. in the country's biggest-ever weapons development project. The deal worth $7.8 billion is only for system development and the production…

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Lockheed Martin Corporation will pay $2 million to settle allegations that it overbilled the government for fuel it used while manufacturing C-130 aircraft for the US Air Force, the Justice Department announced Friday. Between 2006 and 2013, Lockheed manufactured C-130s for the Air Force at its Marietta, Georgia, facility. The…