TerraN_EmpirE you confirm K-9 or a variant maybe differentIndia's Larsen & Toubro to deliver 100 howitzers to Indian Army
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TerraN_EmpirE you confirm K-9 or a variant maybe differentIndia's Larsen & Toubro to deliver 100 howitzers to Indian Army
TerraN_EmpirE you confirm K-9 or a variant maybe different
The Hanwha Techwin Corporation of The Republic of Korea has offered to license the technologies of the K9 Thunder 155mm 52 Calibre Self propelled Howitzer to Other nations for Indigenous production...L&T's defence supply business set to swell with Rs 4,500 cr gun deal
Defence exports at highest ever; expect shipbuilding turnaround in next two financial years
| Mumbai
With win of Rs 4,500 crore worth self-propelled (SP) guns order recently, engineering conglomerate (L&T) may be finally scripting its defence story. The current financial year (FY) and the next may prove significant for the company with the expected new defence manufacturing policy, fresh orders and rising
“Scenario change over the next five years would be that sizeable number of orders would have been booked and revenues would have started to grow dramatically,” Jayant Patil, Head of Defence and Aerospace, member of Heavy Engineering Board, L&T told Business Standard.
In April, the company signed a contract with Hanwha Techwin (HTW) of South Korea for execution of the 155mm/52 Cal Tracked Self Propelled (SP) Gun programme for the Both company officials and analysts feel this development may prove to be a harbinger for better order inflow for the company.
Patil is optimistic of large ordering activity in the current financial year. "A lot of action towards awarding contracts on domestic private sector defence is expected this year with a large number of contracts actually getting into the concluding stage. Six or seven large programmes between Rs 500 crore to Rs 15,000 crore range are expected to get placed with Indian to kick off in Defence," he said.
Renu Baid and Nayan Parakh in an IIFL research note wrote, "With significant modifications to suit diverse Indian conditions, the locally manufactured represents a major milestone in L&T’s defence journey and opens a longterm revenue stream through repeat orders and export opportunities." According to the company, order has a potential for 100 per cent more repeat order. "The new (Defence Procurement Policy) allows 100 per cent repeat order under the option clause that grants (Ministry of Defence) the option to exercise this clause without any negotiations and we will be obliged to accept the same because there is a contractual commitment. Beyond the 100 per cent, there are special approvals required at the (Defence Acquisition Policy) level. This project, we hope, some-day should see a repeat of the current order,” Patil said.
Apart from increased ordering activity, L&T also stands to gain from the proposed New defence manufacturing policy, which has raised hopes that it would help finalise long term commitments for certain defence programmes with a chosen private domestic defence manufacturer.
Baid from IIFL points out defence sector's contribution to the firm’s orderbook may also rise in the coming year. "In terms of revenues, defence will surely take time to scale up, but in terms of orders there will be an uptick. Over a medium term, defence could be a 5-10 per cent contributor to their overall order portfolio, which is strategically important. Defence is also a high margin and ROE (return on equity) business for them,” Baid said.
In the December 2016 ended quarter, L&T’s order inflow was at Rs 34,890 and the company’s order book was at Rs 2.58 Lakh crore.
Not just domestic, the company is also witnessing an increase in its defence export orders. "Last financial year was the first time we have crossed more than Rs 1,000 crore defence order inflow through exports, in keeping with the govt’s focus on exports. We see exports growing further over coming years," Patil said.
L&T is also hopeful its loss-making shipbuilding facility will be out of the red in the next two financial years. "Given the govt’s push for conclusion of indigenous shipbuilding contracts, we expect our shipbuilding business to turn around and become profitable in the next two financial years,” Patil said.
L&T is one of the two bidders in an expected (LPD) contract, which is expected to open this year. "The LPD orders or any other large naval order coming in will give a good ten year revenue visibility for the shipbuilding facility, as under utilisation is what is keeping the facility in the red," Baid further added.
Indian diesel-electric submarine INS Kalvari fires her first torpedo
In another step towards becoming a commissioned unit of the Indian Navy, the lead ship of a new class of submarines fired her first torpedo this month.
The indigenously built INS Kalvari carried out the torpedo firing on May 26, an Indian Navy announcement said.
Prior to the torpedo firings, INS Kalvari tested her Exocet SM39 anti-ship missile in a test in March this year.
INS Kalvari was initially set to be commissioned into the Indian Navy in 2016 but delays in sea trials postponed the boat’s entry into service.
Kalvari is to be handed over to the Indian Navy only after she completes all trials, including sensors and weapon fitment, navy officials reportedly told the Indian shipbuilder Mazagon Dockyards Limited and the French designer DCNS.
Mazagon Dock Shipbuilders Ltd Mumbai (MDL) will build a total of six Scorpene-class submarines for the Indian Navy through a ‘transfer of technology’ agreement with French shipbuilder DCNS. The second Kalvari-class submarine, INS Khanderi, was launched on January 12 this year.
Yes a Scorpene build under licenseINS Kalvari is a Scorpene right ... not indigenous ?
to 100 % ? anyway it's the same to maximum tiny differences.
First new conventional submarine to be commissioned in July-August
India will finally commission its first new conventional submarine in July-August after a long gap of over 17 years, while the second one will begin its sea trials off Mumbai this week.
May 31, 2017, 08.52 PM IST
India will finally commission its first new in July-August after a long gap of over 17 years, while the second one will begin its sea trials off Mumbai this week.
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More Akash systems for Army
Defence Acquisition Council bats for indigenously developed missiles
The Defence Ministry has decided to cancel the Army’s global contest for Short Range Surface to Air Missile (SR-SAM) systems and instead procure two additional regiments of the indigenously developed Akash missile systems.
The decision was taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Arun Jaitley two weeks ago. The Army is expected to begin inducting the systems by December 2018.
“The DAC has cancelled the global buy of two regiments of SR-SAM. The case continued for 5-6 years and trials of certain equipment were conducted. The DAC has now decided to go in with additional Akash systems,” a defence source said on Monday.
The Army has a requirement for four regiments of SR-SAMs. It had earlier ordered two Akash regiments and formally began inducting them in May 2015. Two more regiments were meant to be procured by a global tender for which competition was under way between 3-4 global firms.
Of the Akash systems, the first regiment has been inducted and operational and induction of the second regiment will be completed in the next 2-3 months.
On the new regiments, the source added, “Lot of improvements have taken place in the vehicles and systems since the initial development. The new system will be operationally more compact and mobile.”
The Advanced super Hornet would be an EXCELLENT choice for the INdian Navy for its CATOBAR carrier.Indian Navy Gets Quotes From 4 Jet Makers for $15 Billion Naval Fighter Deal..
The Indian Navy will soon begin examining quotes it received from four global manufacturers for 57 multirole combat aircraft. Dassault Aviation, Boeing, SAAB and Rosoboron export have responded to the global request for information (RFI) issued in January this year.
New Delhi (Sputnik) — Apart from some basic guidelines for procurement, the Indian Navy had sought answers on a range of issues like electronic warfare capability, endurance and payload. The Navy is also desirous of licensed production of the aircraft after acquiring transfer of technology in the case.
"We have received the reply from all the four to whom RFI had been issued. Now, we will examine the RFI and will take it forward," Admiral Sunil Lanba, Indian Navy chief said on Wednesday.
Multi-role fighters are intended as day-night capable; all-weather multi-role deck based combat aircraft which can be used for air defense, air-to-surface operations, buddy refueling, reconnaissance, and EW missions from Indian Naval aircraft carriers. Solicitation issued on January had asked global vendors if it can perform Short Take-off But Arrested Recovery (STOBAR) or Catapult Take-off But Arrested Recovery (CATOBAR) operations, or both.
Swedish SAAB is pitching its single engine Sea Gripen which has capability to operate from both STOBAR/CATOBAR while Russian upgraded MiG-29K can operate from STOBAR. Boeing's F/A-18E/F Super Hornet and Dassault's Rafale M are also in the fray for approximately $15 billion contract.
Indian Navy is expected to issue the tender soon following the go-ahead signal from the government. "Hopefully, we will select and shall have deck-based carrier airborne fighter in next 4-5 years," Admiral Lanba added.
The selected aircraft will operate from indigenously developed IAC-1 aircraft carrier which will be conventional ski jump based STOBAR layout and INS Vikramaditya.
"The IAC-1 which is under-construction at the moment is going as per the timeline and she will start her trial in 2019, we will take delivery in 2020," Admiral Lanba said.
>> " India, Russia 5th Generation Fighter Jet Deal is 'Lost' "
India and Russia continue to haggle over the price for the joint next-generation fighter jet project.
India and Russia have hit another hurdle in moving forward with one of their most prestigious joint defense projects, the co-development and production of the the Sukhoi/HAL Fifth Generation Fighter Aircraft (FGFA), known in India as the Perspective Multirole Fighter (PMF).
A senior Indian Air Force official revealed last week that Russia is demanding “an unaffordable price for the aircraft,” Defense News reported on May 24. According to the official, Moscow is allegedly demanding $7 billion from India as part of its share in the development of the fifth generation fighter jet, given that a work-sharing agreement currently under negotiation includes the transfer of sensitive Russian defense technology.
“India is not in a position to pay this kind of money, and the aircraft project appears to be lost,” the official said. India has been driving a hard bargain and the Indian Air Force official’s comment are likely intended to strengthen New Delhi’s bargaining position vis-à-vis Russia. Indian officials in May announced that the deal would not include tech transfers. “We are co-developers. There is nothing called technology transfer in this project,“ a government official said.
The transfer of sensitive defense technology from Russia to India has been one of the most contentious issues between the two sides right from the start, as I explained in March:
Before moving on, India wants a guarantee that it will be able to upgrade the fighter jet in the future without Russian support, which would require Moscow sharing source codes (sensitive computer code that controls the fighter jet’s various systems — the key to an aircraft’s electronic brains). In addition, the FGFA should directly support India’s advanced medium combat aircraft (AMCA) program — a separate Indian fifth generation fighter project.
At the beginning of the month, the issue appeared to have been resolved, according to Indian accounts, although Russia refused to comment on the negotiations publicly.
Following the official kickoff of the joint project in 2007, both countries concluded a preliminary $295 million design contract for the co-development of the FGFA/PMF in 2010. Right from the beginning both sides were at loggerheads, as I reported elsewhere:
Delays were caused by New Delhi and Moscow disagreeing over many fundamental aspects of the joint development project including work and cost share, aircraft technology, as well as the number of aircraft to be ordered. After evaluating the first PAK FA T-50 prototype (the Russian prototype of the PMF), the Indian Air Force (IAF) wanted more than 40 changes addressing, among other things, perceived weaknesses in the plane’s engine, stealth, and weapon-carrying capabilities.
India and Russia also disagreed over the number of aircraft to be produced:
Russia announced in late 2015 that it would only induct a squadron (18-24 aircraft) of PAK FA fighter aircraft, and procure additional Sukhoi Su-35 aircraft instead. The original deal involved Russia procuring 250 and India 144 aircraft at a cost of around $30 billion by 2022. As a result, India threatened to abandon the project in its entirety. Russia in turn made a number of concessions, including an offer to cut down its financial contribution from $6 to $3.7 billion for three PAK FA T-50 prototypes and substantial technology transfers.
According to senior Russian defense officials, the Russian Air Force could possibly start receiving the first serial-produced fifth-generation T-50 (PAK FA) multi-role fighter jet in 2018.
Article by : The Diplomat