Explore Business Standard
China on Friday announced strong countermeasures against several US defence companies and senior executives in response to Washington's recent decision to approve large-scale arms sales to Taiwan, Global Times reported.The Chinese Foreign Ministry said it will impose sanctions on 20 US defence-related companies and 10 senior executives who have been involved in supplying weapons to Taiwan in recent years. The action has been taken under China's Anti-Foreign Sanctions Law and will come into effect immediately.According to the ministry, the targeted companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services, Boeing in St. Louis, Gibbs & Cox, Advanced Acoustic Concepts, VSE Corporation, Sierra Technical Services, Red Cat Holdings, Teal Drones, ReconCraft, High Point Aerotechnologies, Epirus, Dedrone Holdings, Area-I, Blue Force Technologies, Dive Technologies, Vantor, Intelligent Epitaxy Technology, Rhombus Power and Lazarus Enterprises.Under the sanctions, .
Tata Advanced Systems and Lockheed Martin on Monday announced the groundbreaking of a new maintenance, repair and overhaul (MRO) facility in India to support operations of C-130J Super Hercules military transport aircraft. The announcement to set up the facility in Bengaluru came as a Tata-Lockheed Martin joint venture is pitching C-130J Super Hercules as the best aircraft in the race to win a mega deal to supply around 80 heavy lift transport aircraft to the Indian Air Force (IAF). The IAF currently operates 12 C-130Js of Lockheed Martin that is known to be one of the world's leading tactical airlift planes. The groundbreaking ceremony brought together senior officials from the IAF, government dignitaries, industry leaders and senior executives from Lockheed Martin and Tata Advanced Systems. "Today's groundbreaking reflects how far our collaboration with Tata Advanced Systems and India has come, and where we're headed together," Lockheed Martin's Chief Operating Officer Frank St.
MIs Solar Defence & Aerospace Ltd entered into a collaborative agreement for design and development of LM-UAV with CSIR-National Aeronautical Laboratories (NAL)for indigenous design, development and production of Loitering Munition (LM) UAV of 150 Kg Class. SDAL was chosen as an industry partner through a competitive bidding. The exchange of agreement between the two parties took place at a function organised at CSIR-NAL.On the occasion of the signing of Collaborative Agreement between CSIRNALand SDAL, Dr. Jitendra Singh, appreciated the new initiative and unique approach adopted by CSIR of involving an industry partner in a project of strategic importance from the very beginning including design & development.Mis Solar Defenceand Aerospace Ltd. (SDAL) asserted that as an industry partner, SDAL will play a pivotal role in the realisation of the LM-UAV and work tirelessly towards productionisation of the system at the earliest.SDALis working tirelessly towards making Indian ..