Jay Menon

India Correspondent

Delhi, India

Summary

Articles

Jay Menon
NEW DELHI — The Indian air force (IAF) is likely to start taking delivery of 512 CBU-105 sensor fuzed weapons (SFW) made by Textron Defense Systems in the first half of 2013, a defense ministry official says. Under the U.S. Foreign Military Sales deal, Textron will deliver the SFWs to the U.S. Air Force, which in turn will give them to the IAF, the official says. The SFW will be mounted on the IAF’s Jaguar fighters, and Textron will work closely with state-run Hindustan Aeronautics Ltd. to integrate the weapons, the official says.
Defense and Space

Jay Menon
NEW DELHI — The Indian government plans to sell a 10% stake in state-owned defense aerospace firm Hindustan Aeronautics Ltd. (HAL), according to a senior minister. “The government is aiming to sell HAL’s shares through an initial public offering,” Finance Minister P. Chidambaram said Nov. 8. The sale is expected to take place in the next fiscal year, which begins April 1. The government hopes to earn 25 billion rupees ($460 million) from the sale.
Defense and Space

Jay Menon
NEW DELHI — India will expedite the procurement of the Swiss Pilatus PC-7 Mk. 2 trainer and the Indian air force (IAF) will begin training courses on the new turboprop aircraft starting in July 2013, the country’s defense minister says. The contract for 75 trainers, signed in May, is worth more than 500 million Swiss francs ($520 million). Deliveries will begin in February 2013 and last until August 2015.
Defense and Space