New York (AirGuideBusiness - Aerospace & Defense News - Defense Asia / Pacific) Feb 22, 2010
Military contractors woo India at defense exhibition. Defense contractors from around the world are gathered in New Delhi for the four-day India Defense Exhibition, hoping to attract a bigger slice of the country's estimated $100 billion in military spending over the next decade. Russia, Israel and the U.S. are currently India's top defense suppliers, but Defense Minister Arackaparambil Kurian Antony says the ultimate goal is for India to wean itself off its reliance on foreign manufacturers. "We want to produce equipment for the armed forces internally, domestically," he says. "We want to strengthen our defense industries in India. India needs a strong defense industrial base." Feb 16, 2010
BAE Systems expects to start trials in India for its FH77 B05 towed howitzer by early March for a potential contract to sell 400 units to the Indian Army, a senior India executive said Monday. . The FH77 B05 will be manufactured and marketed in India by Defense Land Systems India, BAE's joint venture with Mahindra & Mahindra Ltd., Mark Simpkins, vice president and general manager at BAE Systems India (Services) Pvt. Ltd., told Dow Jones Newswires in an interview on the sidelines of DefExpo 2010. Mahindra & Mahindra is India's largest sports-utility vehicle manufacturer by sales. . He added that the U.K.-based defense...