Defence | Nuke submarine project close to completion

Defence | Nuke submarine project close to completion
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First Published: Thu, Feb 12 2009. 10 37 PM IST
Updated: Thu, Feb 12 2009. 10 37 PM IST
New Delhi: India’s project to construct three nuclear-powered submarines at a southern India naval base is near completion, officials said on Thursday. “Things are in the final stage now,” defence minister A.K. Antony said in Bangalore. The project is part of a $2.9 billion (Rs14,123 crore) plan to build five submarines, delayed for years due to technical problems. “All that is behind us and we are on course to complete the project in a few months and go for trials,” a defence spokesperson said in New Delhi.
—Reuters
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Eurocopter bids to sell 235 helicopters to India
Mumbai:European Aeronautic Defence and Space Co.’s (EADS) Eurocopter SA unit has bid for three Indian orders totaling 235 helicopters as the country replaces its ageing fleet and boosts surveillance after the November terror attacks in Mumbai.
The company has bid to supply 197 helicopters to the Armed Forces, 22 attack helicopters and 16 multirole helicopters to the Indian Navy, Eurocopter’s India general manager Bruno Boulnois said in an interview on Thursday. Bids were called last year.
India may decide on the helicopter deal winner next year, Boulnois said.
—Bloomberg
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India, US in talks ahead of fighter deal contract
New Delhi: India is talking to the US to resolve a legal clause that allows its inspectors to monitor arms it sells to New Delhi, a major obstacle for US companies bidding for a $10 billion (Rs48,700 crore) fighter jet contract.
Last year, six international companies submitted bids to supply India with 126 multi-role fighter jets in one of the biggest arms deals in the world.
Two US companies, Lockheed Martin Corp. and Boeing Co., are in the race for the arms deal.
India has not yet agreed to a US clause of “end-use monitoring” under which the US reserves a right to make sure US arms sold abroad are used for their intended purpose and that the technology does not leak to third countries. “The two countries are discussing on issues like logistic support and on monitoring at the moment,” defence ministry spokesperson Sitanshu Kar said.
—Reuters
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First Published: Thu, Feb 12 2009. 10 37 PM IST