India restructures its 41 military factories into corporate entities

The OFB, which is legacy of the British rule in India, will not exist as an entity in its present from or structure. Seven public sector undertakings ( or Government owned companies) are planned to be created under the MoD. The 41 OFB factories will be subsumed under one or the other new companies based on an assessment of manufacturing abilities of the factory.

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Boeing-Sikorsky show their replacement for ‘Black Hawk’

It’s an agile, maneuverable aircraft that flies twice as far and twice as fast as the Black Hawk helicopter it will replace — and sits in the same operational footprint

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Industry-led Tech schemes with US and Russia indicate change

Balancing its equation between the US and the Russia, India has signed separate agreements that promote industry-to-industry joint ventures in key areas of military equipment like drones, robotics and artificial intelligence , among other

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14 MoUs between Russian and Indian companies for spare parts manufacture

IDD Bureau A total of 14 MoUs were exchanged between the Russian Original Equipment Manufacturers (OEMs) and the Indian companies today on the sidelines of the ongoing DefExpo-2020.  The 5th round of India-Russia Military Industrial Conference (IRMIC) was conducted on the second day of the DefExpo-2020 at Lucknow. The conference was co-chaired by Dr. Ajay

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Government to promote private industry investment in Defence sector

Defence Minister Rajnath Singh has voiced the government’s desire to encourage private industry investment in defence sector, while also strengthening defence PSUs and the Ordnance Factory Board (OFB).  Addressing CEOs of top defence and aerospace companies at a roundtable with the theme ‘Make in India in Defence Industry’, Singh said defence companies have huge opportunities

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