Negotiations are "nearly completed" for the United States and India to jointly produce the Javelin anti-tank guided missile, according to an Indian Ministry of Defense source.
The Indian government has asked the national anti-fraud agency to probe corruption charges against Embraer of Brazil surrounding the purchase of three EMB-145 aircraft from the company in 2008 by state-owned Defence Research and Development Organization.
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin are set to discuss big-ticket defense projects at a summit meeting next month, according to a Ministry of Defence official.
The purchase of two ISTAR aircraft has been put on hold due to internal wrangling between the Indian Air Force and the Defence Research Development Organization, according to a source in the Indian Ministry of Defence.
DCNS is the first overseas company to have sought clearance to invest 100 percent through FDI by setting up a fully owned subsidiary in the defense sector.
The Indian Navy has expressed concern to French authorities over the reported leakage of data pertaining to the Scorpene submarines being built for India.