Indian operator Jet Airways has formally acknowledged that it is in discussions with Etihad Airways about the sale of minority stake to the Abu Dhabi-based carrier. Although the companies have not finalized any provisions, “various structures are being explored by the legal and commercial teams,” says Jet Airways in a regulatory filing with the Bombay Stock Exchange. “Care [is] being taken to ensure that all regulatory requirements are fully complied with,” the Indian carrier adds.

NEW DEHLI — India’s armed forces will soon field advanced multi-caliber artillery guns as part of their modernization drive. The guns, being developed by a unit of the Defense Research and Development Organization (DRDO), will fulfill requirements of the Indian army for loading and firing both small and large munitions, DRDO chief V.K. Saraswat says. Each artillery gun will feature multiple barrels for loading and firing different sizes of shells.

Bell Helicopter has signed a pact with India’s Dynamatic Technologies Ltd. (DTL) to explore the possibility of a helicopter cabin assembly partnership. Under the memorandum of understanding (MoU), the U.S.-based company will evaluate establishing Dynamatic as a subcontractor for the assembly of the airframe cabin for its 407 helicopters, as well as airframe components and details.