India nears $2.5 billion deal for Boeing military helicopters
New Delhi: India has decided to acquire Boeing's Chinook and Apache helicopters, a defence ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington. The new nationalist-led government of Prime Minister Narendra Modi has grand plans to vastly strengthen India's military capability, in order to play its role as a regional power and meet challenges posed by a rising China and arch rival Pakistan. "The defence acquisition council has cleared the last h…
DAC to Take up Big Ticket Defence Purchases
The Centre is likely to take up big ticket defence purchases, worth over `20,000 crore, including Chinook heavy lift helicopters and Apache attack helicopters for the Indian Air Force (IAF) during the meeting of the Defence Acquisition Council (DAC) on Friday. Sources said the DAC, headed by Defence Minister Arun Jaitley, may also discuss the `7,000 crore Arjun MK-II procurement case of the Army along with several other projects of the Navy. “The DAC may also discuss the role of agents in the defence procurement procedure in the wake …
US overtakes all to become India's largest defence supplier
Stunning new figures on Indian defence imports by Defence Minister Arun Jaitley in Parliament on Tuesday have revealed that for the first time, the United States has overtaken all competitors to become India's largest defence supplier in the past three financial years. The statistics revealed by Jaitley, who holds dual charge of defence and finance ministries, show that almost 40 per cent of the money spent by India on defence imports in the past three years have gone to the Americans, followed by the Russians (30 per cent) and th…
Why is India offering to buy more US helicopters
(Reuters) - India has offered to significantly increase an order for U.S. attack helicopters, Indian officials said, as U.S. Defense Secretary Chuck Hagel began a visit to New Delhi on Thursday aimed at boosting defence and strategic ties. The Apache gunships and a deal for Chinook helicopters, both built by Boeing, will top the agenda in Hagel's talks on Friday with the new administration led by Prime Minister Narendra Modi. India has offered a follow-on order of 39 AH-64D Apache helicopters in addition to the 22 now being negot…
India may award Chinook and Apache contracts this year
Boeing is anticipating contract awards for 15 CH-47F Chinook heavy-lift helicopters and 22 AH-64E Apache combat helicopters from India by later this year. Currently in last signature routing with the Ministry of Defence for both the planned procurements, India submitted final offers for acquiring Apache and Chinook in 2009 and 2010 respectively and the company has also held the prices for both helicopters since then. Boeing Vertical Lift vice-president and general manager Leanne Caret said: "We expect that the contract award for …
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