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  • BAE Systems, L&T join hands to bring all-terrain vehicle to India under 'Make in India' programme

    "The two companies have signed an agreement to offer the BvS10 for an Indian armed forces programme", the statement said.

  • UK defence firm Babcock axes 1,000 jobs worldwide

    The group will reduce its global workforce of 30,000 staff over the next 12 months

  • Profits down at military equipment firm BAE Systems

    Earnings after taxation slid 17 per cent to 471 million pound (USD 618 million, 528 million euros) in the six months to the end of June, compared with 569 million pound a year earlier, BAE said in a results statement.

  • Kalyani Group, BAE Systems to develop air defence guns     

    For developing the air defence guns, Kalyani Group formed a "strategic partnership" with BAE Systems at the on-going 'DefExpo', organised by Ministry of Defence, at Thiruvidanthai, about 40kms from here.

  • BAE Systems set to announce up to 2,000 job cuts in Britain

    BAE Systems, which employs 34,600 people in Britain, has already slowed Typhoon production as orders have dried up.

  • 'Going to build artillery equipment in India'

    We have been in India for nearly 50 years and have deep roots, that's the word coming in from Sir Roger Carr, the Chairman of BAE Systems.

  • L&T inks JV with Europe's MBDA to develop, supply missile system

    Larsen & Toubro Ltd is likely to announce today a joint venture with Europe's MBDA Missile Systems to cater to the defence needs of the Indian government.

  • "Make-in-India" for M777 takes Centrestage at DefExpo 2016

    BAE Systems’ world-class, battle proven M777 Ultra Lightweight Howitzer, for which India and the United States are in discussions for a Foreign ...

  • BAE Systems selects Mahindra as India partner for gun deal

    The gun deal would be through Foreign Military Sales (FMS) but the "spares, maintenance and ammunition will be operated through Indian systems", defence sources said.

  • UK-bound Modi keen to buy more BAE Hawk trainers: Sources

    Sources familiar with the talks say Modi wants to buy an extra 20 Hawk Mk132s, worth USD 400-USD 450 million, on top of existing orders already made for 123 of the single-engine, jet-powered trainers

  • Government simplifies defence rules to woo foreign cos

    In order to provide a level-playing field to private players, the government withdrew excise and Customs duty exemptions enjoyed by the Ordinance Factory Board and defence PSUs.

  • Germany lobbies India to buy Eurofighters, submarines

    Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.

  • Top 100 arms makers' arms sales fall in 2011: study

    Arms sales by the 100 biggest weapons makers fell for the first time since the mid-90s in 2011 as economies slowed and military equipment purchases were reduced for operations in Afghanistan and Iraq, a leading think-tank said on Monday.

  • Mahindra to acquire BAE Systems' 26% stake in defence JV

    Mahindra & Mahindra on Saturday said it's unit Mahindra Defence Systems will acquire BAE Systems' 26 percent stake in their joint venture company Defence Land Systems India, citing changes in the business environment and customer procurement frameworks among other reasons.

  • M&M to acquire 26% stake in defence JV with BAE Systems

    Mahindra and Mahindra today said it will acquire 26 percent stake in its defence joint venture with BAE Systems, ending their three-year old partnership.

  • India seeks investment from Britain in infra, NMIZs

    India today sought investments from Britain in sectors like infrastructure to enhance economic ties between the countries.

  • Davos 2013: Major global cos express interest to invest in India

    Major global companies including Novartis, BAE Systems and Philips today expressed interest in expanding their businesses in India.

  • Mahindra, BAE Systems to review defence joint venture

    Mahindra & Mahindra and BAE Systems are reviewing their joint venture, Defence Land Systems India given "significant evolution" that has happened in the Indian market, the utility vehicle maker to software services provider said on Wednesday.

  • Quality jobs require long-term thinking

    The attempt by BAE Systems and EADS to create the world's biggest aerospace and defence company collapsed last week, but the planned merger raised big questions. suvil

  • Eurofighter sees strong demand for fighter jet market

    European consortium Eurofighter expects the global combat aircraft export market to reach 800 units in 20 years, and it expects to deliver 250 of those planes, a senior executive said on Thursday.

  • BAE cancels Platform Solutions sale, to keep unit

    BAE Systems has cancelled plans to sell part of its US commercial aerospace unit, deciding instead to keep the unit after reviewing the business' performance.

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