Page 4 - Defence Deals

Australia chooses South Korea to ink largest-ever defence deal in Asia

In a move that can irk China, Australia on Monday chose South Korea for the largest-ever defence deal with the Asian country

Australia signs $717 million defence deal with South Korea's Hanwha

Under the terms of the deal, South Korean defence company Hanwha Corp will build 30 self-propelled howitzers and 15 armoured ammunition resupply vehicles for Australia.

India, Russia ink four defence pacts; resolve to expand military ties

India and Russia on Monday inked an agreement for joint production of over six lakh AK-203 assault rifles at a manufacturing facility in Uttar Pradesh's Amethi besides firming up another pact on military cooperation for 10 years. The rifles will be manufactured for the Indian armed forces at a cost of around Rs 5000 crore. The agreements were signed at the 20th meeting of the India-Russia Inter-Governmental Commission on Military and Military-Technical Cooperation (IRIGC-M&MTC). The meeting, co-chaired by Defence Minister Rajnath Singh and his Russian counterpart Gen Sergey Shoigu, also discussed ways to further boost strategic cooperation including ramping up of joint production of military equipment. The two sides also inked a pact on amending the agreement on cooperation in the field of manufacturing of the Kalashnikov series of small arms that was originally sealed in February 2019. Another agreement was signed on the protocol of the 20th IRIGC-M&MTC, officials said. The ..

France, Greece sign defence deal; Athens to buy 3 warships

President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis announced a defence and security strategic partnership in a joint news conference in Paris

Tata, Airbus sign Rs 20,000-cr contract to manufacture military aircraft

The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force. The long-pending procurement was cleared by the Cabinet Committee on Security two weeks back. "Contract signed between #MinistryOfDefence and @AirbusDefence &Space, Spain for procurement of 56 C-295 transport aircraft for the #IAF," Defence Ministry Spokesperson A Bharat Bhushan Babu tweeted. Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space within 48 months of signing the contract. The remaining 40 planes will be manufactured in India by a consortium of the Airbus Defence and Space and Tata Advanced Systems Limited (TASL) within 10 years of signing the contract, officials said. The C-295 MW aircraft is a transport plane of 5-10 tonne capacity. This is the first project of its kind in which a military aircraft will b

Imposing sanctions on India would be victory for Russia: Republican Senator

A top Republican Senator has said that imposing CAATSA sanctions on India for buying the multi-billion-dollar S-400 missile system from Russia would be a geostrategic victory for Moscow

Defence sales to India shows commitment to security, sovereignty: US

The sale of major defence equipment to India which now stands at $20 billion shows America's commitment to India's security and sovereignty, the Biden administration said on Wednesday

Boeing gets US govt approval to offer F-15EX fighter jet to India

May join fray for IAF's acquisition of 114 medium fighters

India's S-400 deal with Russia may trigger US sanctions, says report

In October 2018, India had signed a $5 billion deal with Russia to buy five units of the S-400 air defence missile systems, despite a warning from the Trump administration

US stands with India in its efforts to defend sovereignty, liberty: Pompeo

The two countries inked a total of five agreements, including the long-negotiated Basic Exchange and Cooperation Agreement (BECA) that will allow sharing of high-end military technology

Beyond 2+2

India must secure its own regional interests as well

Pompeo says 'US will stand with India', signs landmark defence pact

In the 2+2 dialogue, the two sides deliberated on a host of critical issues including ways to further expand the already close relationship between the militaries of the two countries

US-India deal: Conclusion of BECA to open doors for high-tech arms

Becoming a BECA signatory will take India into a select group of long-range missile powers, which can strike targets thousands of kilometres away with an accuracy of 100 metres or less

Amid face-off with China, Army ammo worth $190 mn languishes in Russia

Army has not carried out pre-despatch inspection (PDI) for the last seven months

India, Russia finalise deal to manufacture AK-47 203 rifles: Report

The Indian Army has a requirement for around 770,000 AK-47 203 rifles, of which 100,000 will be imported and the rest will be manufactured in India

Delhi HC stays 4-year jail term of Jaya Jaitley in defence corruption case

Jaitley and two others were held guilty of corruption in a 2000-01 case related to a purported defence deal

Court awards 4-yr jail to Jaya Jaitly, 2 others in defence corruption case

The three were held guilty of corruption and criminal conspiracy in the purported purchase of hand-held thermal imagers

US wants to be India's first choice in defence solutions: Pentagon official

The Political-Military Affairs Bureau State Department said that defence trade with India has increased from near zero in 2008 to over $20 billion in 2020

Japan confirms its scrapping US missile defense system

Japan's National Security Council has endorsed plans to cancel the deployment of two costly land-based U.S. missile defense systems aimed at bolstering the country's capability against threats from North Korea, the country's defense minister said Thursday. The council made its decision Wednesday, and now the government will need to enter negotiations with the U.S. about what to do with payments and the purchase contract already made for the Aegis Ashore systems. The council is expected to also revise Japan's basic defense plan later this year to update the missile defense program and scale up the country's defense posture. Defense Minister Taro Kono announced the plan to scrap the systems earlier this month after it was found that the safety of one of the two planned host communities could not be ensured without a hardware redesign that would be too time consuming and costly. The Japanese government in 2017 approved adding the two Aegis Ashore systems to enhance the country's curre

US-India deal for high tech weapons could further destabilise region: Pak

During Trump's visit, India and the US on Tuesday finalised defence deals under which 30 military helicopters will be procured from two American defence majors for the Indian armed forces