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in Industry News, News

Report: Talks Continue on Potential Boeing, Lockheed Fighter Aircraft Production Facilities in India

The U.S. and Indian governments look to close a deal that will potentially bring the production of fighter aircraft from Lockheed Martin and Boeing to India, the Washington Post reported Monday. Annie Gowen writes Lockheed has proposed to move its Texas-based F-16 assembly line to India, which will make the country the sole producer of the single-engine aircraft that […] More

by Scott Nicholas December 9, 2016, 7:38 am
in Cybersecurity News, News

Tenable Network Security Survey: 2017 Global Cyber Readiness Dropped 6% Over Previous Year

A new survey by Tenable Network Security says global cybersecurity readiness for 2017 received an average overall score of 70 percent from information technology security professionals, a figure that represents an average grade of “C-“ and a 6 percent decline over the previous year. Tenable polled in September 700 IT security professionals whose companies operate […] More

by Jane Edwards December 7, 2016, 5:13 am
in Industry News, News

Report: India Eyes General Atomics-Built Predator B Guardian Drone, Electromagnetic Aircraft Launch System Procurement

The Indian navy has sent letters of request to the Defense Department to procure the General Atomics-built Predator B Guardian drone and electromagnetic aircraft launch system through a foreign military sales agreement with the U.S., the Indian Express reported Aug. 1. India has asked DoD to provide the price for the procurement of 22 Predator […] More

by Jane Edwards November 15, 2016, 5:45 am
in Industry News, News

India Eyes $1B Fast-Track Ammunition and Equipment Procurement

India looks to purchase $1 billion worth of weapons and equipment from readily available vendors through a fast track purchase process that will bypass prescribed routine acquisition procedures, Defense News reported Thursday. Vivek Raghuvanshi writes an Indian ministry of defense official told Defense News the country aims to procure various ammunition, assault rifles, thermal-imaging equipment, light machine guns, rocket launchers […] More

by Scott Nicholas November 11, 2016, 7:05 am
in Cybersecurity News, News

Microsoft Unveils Cyber Engagement Center in India

Microsoft has opened a Cybersecurity Engagement Center in India to help identify and address cyber threats in the country, Gadget 360 reported Sunday. Bhaskar Pramanik, chairman of Microsoft’s India-based operations, said the CSEC will support the company’s efforts to secure corporate customers’ information as well as the private data and transactions of citizens, the report stated. The center […] More

by Ramona Adams October 24, 2016, 2:16 am
in Industry News, News

Report: Trade Group Pegs World Naval Market at $40B Annual Sales

Patrick Boissier, chairman of the France-based Gican trade association, has estimated that naval sales in the global market total approximately $40 billion per year, Defense News reported Monday. Pierre Tran writes Boissier told reporters that the U.S. has some $12 billion in annual sales while Southeast Asia, India and Australia have sales worth up to $12 billion combined which excludes future […] More

by Ramona Adams October 11, 2016, 7:35 am
in News, Products & Service

Defense News: US, India Near Close of Javelin Missile Joint Production Deal

The U.S. and Indian governments are close to completing a joint production deal for the Javelin anti-tank guided missile, Defense News reported Wednesday. Vivek Raghuvanshi writes the U.S. and India have been in talks for several years to co-produce weapons and equipment in efforts to build on their defense relationship. Tata Group“™s Tata Power Strategic […] More

by Jay Clemens September 22, 2016, 11:19 am
in News, Products & Service

Lockheed-Tata JV Completes 50th C-130J Empennage Assembly Delivery; S. Ramadorai Comments

A joint venture of Lockheed Martin and Tata Advanced Systems has completed the delivery of the 50th empennage assembly of the C-130J Super Hercules aircraft. Tata Lockheed Martin Aerostructures Ltd. has produced empennage assemblies in Hyderabad, India, that include the Super Hercules“™ vertical and horizontal stabilizers as well as 28 sets of the aircraft“™s center wing box […] More

by Jane Edwards September 20, 2016, 8:12 am
in Industry News, News

Report: DoD Supports Boeing, Lockheed Proposals to Establish F-18, F-16 Production Lines in India

The Defense Department has expressed support to proposals by Lockheed Martin and Boeing to produce their respective F-16 and F-18 fighter jets in India as part of the Make in India program, Hindustan Times reported Monday. Shishir Gupta writes Defense Secretary Ashton Carter relayed DoD“™s support to the proposals to Manohar Parrikar, India“™s defense minister, during the […] More

by Jane Edwards September 6, 2016, 11:39 am
in News, Products & Service

Bloomberg: Lockheed Looks to Build F-16 Manufacturing Base in India

Lockheed Martin Corp. is in talks with India to transfer the manufacturing base for the F-16 fighter jet to the country, Bloomberg reported Tuesday. Nc Bipindra and Iain Marlow write the deal could authorize India along with the U.S. to approve which countries may buy an F-16 and related components. “Some components may be produced only […] More

by Jay Clemens August 24, 2016, 3:31 am
in Industry News, News

Technavio: Global Defense IT Spending Market to Reach $108B by 2020

Technavio has forecasted that global defense information technology spending will reach $108.4 billion by 2020 as continued demand for IT and technology offerings in the defense industry drive the need for technological support services. The company said Friday the market will see a compound annual growth rate of at least three percent over the forecast period. IT investments will work […] More

by Dominique Stump August 15, 2016, 9:42 am
in Industry News, News

DOE, Indian S&T Ministry to Help Fund Smart Grid, Energy Storage Research Under US-India Partnership

A partnership between the U.S. and India that seeks to advance grid modernization will collaborate with the private sectors in the respective countries to provide a $30 million funding opportunity for a five-year smart grid and energy storage research project. The Energy Department and India’s ministry of science and technology will each allot $7.5 million over five […] More

by Dominique Stump August 11, 2016, 10:20 am

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