Reliance Defence signs an MoU with Frances Daher Aerospace
The Dollar Business Bureau Reliance Infrastructure Ltd said on Thursday that its wholly-owned subsidiary Reliance Defence has signed a pact with French industrial conglomerate - Daher for manufacturing aerospace equipment. “This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components,” said Reliance Infrastructure in a filing with BSE. Reliance Defence, while signing a memorandum of understanding (MoU) with Daher on the sidelines of Paris Air Show, envisions a strategic partnership with the company aiming to jointly explore possibilities in designing and manufacturing of composite parts; designing and building welded ducts, swaged pipes, metal conduits and cable harness supports; aerostructure components, airframes/assemblies, integrated logistics and other related ...
Dassault Aviation hopes to sell additional Rafale jets to India
The Dollar Business Bureau French aircraft manufacturer Dassault Aviation SA is hoping to begin talks with India by this year’s end for additional salesof Rafale fighter aircrafts, before full-fledge negotiations begin next year, said Eric Trappier, Chief Executive Officer, Dassault Aviation on Sunday. Dassault Aviation was awaiting further information on its fighter planes deal from Canada, he said. Last week, Canada has said that it was reviewing its plans to purchase military equipment from the US planemaker - Boeing Company after it filed a trade complaint claiming that Canadian multinational Bombardier Inc had dumped aircrafts into the American market. In November last year, Canada said that it wanted to purchase 18 Super Hornets fighter jets from Boeing as a stopgap move while it set a competition for replacing its ageing fleet of ...
India-France Rafale deal reaches final stages
The Dollar Business Bureau The negotiations over the deal of 36 Rafale fighter jets between India and France is in its final stages, with the deal to be settled down at around Rs.65,000 crore ($9 billion), according to the sources from the Ministry of Defence. Both the countries were hopeful of closing the strategic deal during the visit of French President Francois Hollande to India in January, but things didn’t materialise over price negotiations. The development in the 36 Rafale combat jets deal came after the two countries managed to curtail off their differences over the matter of pricing. The sources from ministry said, “The deal is in the “final stages” yet. However, the final deal could be closed by May end, this ...
India and France to set up an expert panel to push Rafale jet deal
The Dollar Business Bureau India and France are likely to set up a joint committee to firm up the process of defence agreement signed between the two countries recently. The committee comprising representatives from both the countries will work towards the operationalisation of a deal agreed between the two countries over supply of 36 Rafale fighter jets to India during the recent visit of Indian Prime Minister to France, says the defence news report. And, the information regarding the constitution of the panel for the committee will likely be announced during the upcoming visit of Jean-Yves Le Drian, French Defence Minister, to India on Wednesday. The joint committee will further be instructed to ensure the early conclusion of the final negotiations regarding ...