IAF pilots training on VIP helicopters in Britain (With Images)

July 17th, 2012 - 11:32 am ICT by IANS
London, July 17 (IANS) Indian Air Force (IAF) pilots have begun training on the Agusta Westland AW 101 helicopters that have been purchased for ferrying dignitaries, the first of ... Read more...

Posted in Uncategorized |

Gaddafi’s $25 mn Italian hotel complex seized

May 17th, 2012 - 9:35 am ICT by IANS
Rome, May 17 (IANS/AKI) A 20-million euro ($25 million) hotel complex and land owned in Italy by the family of slain Libyan leader Muammar Gaddafi have been seized.The complex is ... Read more...

Posted in Politics |

Three Indian entities among world’s top 100 arms manufacturers

February 27th, 2012 - 5:14 pm ICT by IANS
New Delhi, Feb 27 (IANS) Two Indian companies - Hindustan Aeronautics Limited (HAL) and Bharat Electronics (BEL) - and one entity - the Ordnance Factories Board (OFB) - figure in ... Read more...

Posted in Business |

`Lockheed Martin world’s largest arms producer’

February 27th, 2012 - 1:58 pm ICT by IANS
Stockholm, Feb 27 (IANS/RIA Novosti) US military hardware major Lockheed Martin was the biggest arms vendor in 2010 with sales totalling $35.7 billion, Stockholm International Peace Research Institute (SIPRI) says.Only three ... Read more...

Posted in Business |

India scrambles after Italy probes VVIP chopper deal

February 24th, 2012 - 10:55 pm ICT by IANS
New Delhi, Feb 24 (IANS) As Italy widens its anti-graft investigations to include the $800-million deal India signed with AgustaWestland for VVIP helicopters, Defence Minister A.K. Antony Friday asked officials ... Read more...

Posted in Uncategorized |

British defence firm axes 3,000 jobs

September 27th, 2011 - 7:24 pm ICT by IANS
London, Sep 27 (IANS) Britain-based defence firm BAE Systems will cut almost 3,000 jobs in the country, a media report said Tuesday.In a statement, BAE said the decision to cut ... Read more...

Posted in World |

Libya ranks among world’s largest sovereign wealth funds

March 3rd, 2011 - 1:32 pm ICT by IANS
New York, March 3 (IANS) Libya ranks among the world's largest sovereign wealth funds as it always had large amounts of cash to throw around because of its huge ... Read more...

Posted in Business |

Italy may freeze 3.6 bn euros of Libyan assets

March 2nd, 2011 - 12:35 pm ICT by IANS
Rome, March 2 (IANS/AKI) Italy may follow the lead of its allies and freeze billions of euros of Libyan assets, according to Italian news reports.Business daily Il Sole 24 Ore ... Read more...

Posted in World |

AgustaWestland sells two more VIP helicopters in India

February 9th, 2011 - 11:42 pm ICT by IANS
Bangalore, Feb 9 (IANS) AgustaWestland, a subsidiary of Italian aerospace major Finmeccanica focusing on helicopter manufacturing, Wednesday announced that it has sold two more AW-139 medium twin-engined helicopters to Indian customers.The firm ... Read more...

Posted in Business |

Eurofighter Typhoon to fly at Bangalore air show

February 5th, 2011 - 7:59 pm ICT by IANS
Bangalore, Feb 5 (IANS) Two Eurofighter Typhoons of the Italian Air Force arrived here to demonstrate the plane's operational capabilities in the eighth edition of Aero India 2011 trade expo Feb ... Read more...

Posted in Uncategorized |

AgustaWestland unveils new-generation chopper at Farnborough

July 21st, 2010 - 1:25 pm ICT by IANS
Farnborough, July 21 (IANS) AgustaWestland, a Finmeccanica company, has unveiled a new generation multi-purpose twin-engine light transport helicopter that it says be used in India's homeland security. "We have been successful in India. ... Read more...

Posted in Business |

IAF combat and heavy-lift chopper trials to begin by July

May 30th, 2010 - 4:20 pm ICT by IANS
By Gulshan R. Luthra Philadephia, May 30 (IANS) The Indian Air Force (IAF) seems set for trials of new combat and heavy lift helicopters this summer, possibly from June or July, as ... Read more...

Posted in Business |

Finmeccanica targets Indians for international masters in engineering

April 16th, 2010 - 9:21 pm ICT by IANS
New Delhi, April 16 (IANS) Particularly targeting Indian students, the Finmeccanica Group, a key global player in defence, aeronautics, helicopters, space and security, in collaboration with leading universities worldwide, is inviting applications ... Read more...

Posted in Business |

AgustaWestland-Tata establish JV for assembling choppers

February 16th, 2010 - 7:14 pm ICT by IANS
New Delhi, Feb 16 (IANS) AgustaWestland, a Finmeccanica company, and Tata Sons Tuesday signed an agreement for forming a joint venture company that will establish in India a final assembly line for ... Read more...

Posted in Business |

Global arms majors descend on Indian defence exhibition (Curtain raiser)

February 14th, 2010 - 1:31 pm ICT by IANS
New Delhi, Feb 14 (IANS) Eyeing a share of the $31 billion India is expected to spend on arms imports over the next decade, a clutch of global arms majors have descended ... Read more...

Posted in Business |

Robot border guards may patrol future frontiers

January 9th, 2010 - 4:46 pm ICT by ANI
London, January 9 (ANI): If scientists have their way, then robot border guards would be patrolling the frontiers in the near future.Amid the ever-present angst over illegal immigration, cross-border terrorism and contraband ... Read more...

Posted in Health Science |

India to talk to British officials in $10bn Eurofighter deal

February 22nd, 2008 - 6:07 pm ICT by admin
London, Feb 22 (IANS) The Indian government wants to talk to British rather than German negotiators in discussions on a possible $10 billion deal for the purchase of Eurofighter Tyhoons, a newspaper ... Read more...

Posted in Uncategorized |

Mahindra firm to work with Italian major

February 18th, 2008 - 5:47 pm ICT by admin
Mumbai, Feb 18 (IANS) Mahindra Defence Systems (MDS), a part of the $6-billion Mahindra Group and provider of bullet-proof vehicles to the armed forces, said it would strategically ally with Italian firm ... Read more...

Posted in Business |