Category — Aviation & Aerospace

India and Israel Sign Defense Agreements Worth $4.3 Billion

Ten agreements worth $4.3 billion were signed during a formal meeting of India-Israel CEOs forum in Tel Aviv soon after Indian Prime Minister Narendra Modi’s visit. These include the manufacture of air defense systems, radars, anti-ship missiles, and medium altitude long endurance UAVs in India, under technology transfer.

Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd., will expand their joint venture to establish a maintenance center for selected advanced air defense systems radars, anti-ship missiles and command & control systems for the Indian armed forces, for $1.54 billion.

Bangalore-based Dynamatic Technologies and Elcom signed a ‘Strategic Teaming Agreement’ to produce, assemble and support UAVs in India with IAI.

Elbit Security Systems Ltd signed a contract with India’s Alpha Design Technologies to increase the scope of their existing joint venture ‘Alpha-Elsec Defense & Aerospace Systems Pvt Ltd’, into areas such as new generation thermal imaging equipment, fire control systems, unmanned aerial systems (UAS), in addition to night vision devices, laser range finders, laser pointers, and reflex sights.

India’s Garware Wall Ropes Ltd., signed a Memorandum of Understanding with Israel’s Aero-T for manufacturing and supply of advanced aerostats for India’s Defense services, reports Defense World.

Israel-India flag

 

July 11, 2017   No Comments

India’s Wipro Partners with Israel Aerospace Industries

Wipro Infrastructure Engineering (WIN), subsidiary of Wipro Enterprises (P) Ltd and Israel’s state-owned Israel Aerospace Industries (IAI) announced a strategic alliance for manufacturing composite aerostructure parts and assemblies.

Wipro Infrastructure Engineering will set up a manufacturing facility in India in partnership with IAI to meet the requirements of global aircraft original equipment manufacturers and tier-1 suppliers. The plant will make composite structures in India for global markets.

An airplane

Pratik Kumar, CEO, WIN and Executive Director, Wipro Enterprises, said, “This partnership will not only strengthen our presence in the growing aerospace sector but will also help us explore emerging business opportunities in key markets.”

In 2016, WIN acquired H.R Givon Ltd., an Israel-headquartered manufacturer of metallic parts and assemblies for the aerospace industry.

July 6, 2017   No Comments

USIBC Launches India Civil Aviation Task Force

The US-India Business Council (USIBC) launched an India-Task Force on civil aviation to focus on identifying opportunities for implementation based on the National Civil Aviation Policy. Palash Roy Chowdhury, managing director-India, Pratt & Whitney will chair the entity, and Amber Dubey, partner and head of aerospace and defense, KPMG in India will be the co-chairman.

“India has witnessed annual growth exceeding 20% in domestic traffic with total passenger traffic estimated to reach 270 million by end of this year,” USIBC said, reports the Times of India.

Jet Airways

Jet Airways

USIBC president Mukesh Aghi said, “Our member companies are committed to the success of the government’s flagship programs such as the Regional Connectivity Scheme and Make In India, and bringing the best in technology in related areas such as airport infrastructure and security, MROs and skill development.”

June 29, 2017   No Comments

India, U.S., to Deepen Defense and Security Cooperation

The U.S. State Department cleared the sale of predator Guardian drones to India, in a deal estimated to be worth $2-3 billion. According to General Atomics, the Predator Guardian UAV, a variant of the Predator B, can be used for wide-area, long- endurance maritime intelligence, surveillance and reconnaissance missions.

Drone

A joint statement issued after the India U.S. Summit at the White House, said, “President Trump and Prime Minister Modi pledged to deepen defense and security cooperation, building on the United States’ recognition of India as a Major Defense Partner.”

The U.S.-India Defense Technology and Trade Initiative remains the premier forum for deepening collaboration on defense co-development and co-production, it said.

Key military and civilian defense leaders continue to meet via reciprocal counterpart visits and strategic and policy dialogues, promoting closer service ties and improving inter-operability among our forces, the White House said.

Resolving to expand maritime security cooperation, the two countries announced their intention to build on the implementation of their “White Shipping” data-sharing arrangement that enhances collaboration on the maritime domain awareness. Trump welcomed Modi’s strong support for the U.S. to join as an Observer in the Indian Ocean Naval Symposium, reports the Times of India.

The annual MALABAR naval exercise, occurring in July in the Indian Ocean, will be the most complex to date, including participants from the U.S. Navy, Indian Navy, and the Japan Maritime Self-Defense Force.

 

June 27, 2017   No Comments

Air Traffic Within India Grows 17Percent in May

According to monthly traffic data released by India’s Directorate General of Civil Aviation, 101,710 passengers took to the skies in May 2017 — a 17.36 percent rise over last year’s numbers of 860,690 for the same month.

IndiGo, India’s largest airline by market share, was at top spot for punctuality with 85 percent of its flights arriving and departing on schedule. It also flew the maximum number of passengers.

Indigo Logo

SpiceJet recorded the highest seat occupancy, registering 94.4 percent load factor during May this year, reports the Economic Times.

June 26, 2017   No Comments