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June 8, 2023 | International, Naval

Thyssenkrupp, India's Mazagon Dock Shipbuilders sign submarine MoU

Germany's Thyssenkrupp and India's Mazagon Dock Shipbuilders have signed an agreement to participate in a submarine tender by the Indian Navy that sources said has a value of around $5.2 billion.

https://www.reuters.com/business/aerospace-defense/thyssenkrupp-indias-mazagon-dock-shipbuilders-sign-submarine-mou-2023-06-07/

On the same subject

  • United Arab Emirates announces $1.3 billion in defense deals at IDEX

    February 19, 2019 | International, Aerospace, Naval, Land

    United Arab Emirates announces $1.3 billion in defense deals at IDEX

    By: Jeff Martin ABU DHABI--In a massive announcement, the United Arab Emirates Armed Forces announced more than $1.3 billion in both orders for new equipment and sustainment of existing ones at the 2019 International Defense Exhibition (IDEX) in Abu Dhabi. Some of the highlights include $355 million worth of Patriot interceptors for the UAE Air Force and Air Defense Force, a $39 million award to the Russian Joint Stock Company for EM150 Kornet antitank missiles for the UAE Army, and a $109 million deal with Lockheed Martin to upgrade radars in the UAE Air Force, presumably for the country's F-16 fighter fleet. The deals, announced on the first day of the massive exposition in the UAE's capital city, also included more than $300 million worth of awards to local companies. Highlights included a $2.1 million contract with NIMR automotive for vehicle maintenance and a $15 million deal with Al Fattan Ship Industries to purchase an unnamed amount of vessels for the UAE Navy. In total, 15 of the 33 deals announced, totalling $1.05 billion, were with international companies, while 18, totalling $300 million, were with local countries. The makeup of the announced deals also offers a window into the unique place in the world's militaries that the UAE occupies, operating a mix of America, European, Russian, and Chinese equipment. What's notable is that at past shows like IDEX, many announced deals for the UAE Armed Forces were for new equipment, but this year, a vast majority were for support. That marks a big shift as the UAE appears to be pivoting to supporting existing systems, not just buying new ones continually. https://www.defensenews.com/digital-show-dailies/idex/2019/02/18/united-arab-emirates-announces-13-billion-in-defense-deals-at-idex

  • Saab starts construction of new Carl-Gustaf factory in India

    March 4, 2024 | International, Land

    Saab starts construction of new Carl-Gustaf factory in India

    After receiving approval of 100% foreign direct investment, Saab has established a new company, Saab FFVO India Pvt Ltd, which will fully own the new manufacturing facility and produce the...

  • U.S. ARMY SELECTS LOCKHEED MARTIN AS INTEGRATED SYSTEMS DEVELOPER FOR AUTONOMOUS CONVOY PROGRAM

    July 30, 2018 | International, Land

    U.S. ARMY SELECTS LOCKHEED MARTIN AS INTEGRATED SYSTEMS DEVELOPER FOR AUTONOMOUS CONVOY PROGRAM

    DALLAS, July 30, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) was selected by the U.S. Army's Tank Automotive Research, Development and Engineering Center (TARDEC) as the Integrated Systems Developer for its Expedient Leader Follower (ExLF) program. In this role, Lockheed Martin will lead a three-year effort to develop, integrate and test unmanned prototype systems for supporting leader/follower convoy activities within an asymmetric threat environment. Soldiers will conduct operational technology demonstrations using the prototypes developed in the ExLF program to establish operating procedures and shape future programs of record. "We are leveraging 15 years of experience in developing autonomous capabilities for our customers," said Gaylia Campbell, vice president of Precision Fires & Combat Maneuver Systems at Lockheed Martin Missiles and Fire Control. "Our goal as the Integrated Systems Developer is to help coordinate a number of systems and vendors in achieving mature, reliable autonomous convoys to support our warfighters in complex environments." Soldiers conduct resupply convoys within an asymmetric threat environment compounded by long sustainment missions, adverse weather/environment and night operations. These conditions adversely impact operator safety, degrade driver/operator situational awareness and reduce resupply efficiency. "The Expedient Leader Follower effort will equip a number of existing military ground vehicles with scalable robotic technology through the integration of modular kits, common interfaces and an open architecture to increase operator safety, improve situational awareness and increase resupply efficiency," Campbell said. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. This year the company received three Edison Awards for ground-breaking innovations in autonomy, satellite technology and directed energy. https://news.lockheedmartin.com/2018-07-30-U-S-Army-Selects-Lockheed-Martin-as-Integrated-Systems-Developer-for-Autonomous-Convoy-Program

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