India, US to sign $300 Mn deal for missiles, torpedoes for Indian Navy’s MH-60R choppers

The Indian Government is expected to soon clear a proposal worth $300 Million (Rs 2400 Crores) to buy Hellfire missiles and Mark-54 anti-submarine torpedoes from United States (US). These weapons will subsequently be equipped on the 24 MH-60R Seahawk anti-submarine warfare and anti-surface warfare helicopters that are currently in the process of being inducted into…

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India extends $14 Bn Line of Credit to 42 African Union Nations for defence equipment & other traditional sectors

India has extended approx. a USD 14 billion Line of Credit to 42 nations in the African Union to facilitate the procurement of Indian defence equipment, besides offering them support in traditional sectors like roads, ports, and railways. Both India and Africa see a big potential in defence partnership, which they believe will grow fast….

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