L&T in pact with Europe’s EADS for defence systems

October 1st, 2009 NEW DELHI - Defence Minister AK Antony today said that the Armed Forces must get all their pay arrears relating to the Sixth Central Pay Commission well in time before Diwali. Addressing the Defence Accounts Day function here today, Antony commended the officials of the Controller General of Defence Accounts for adopting computerisation and speeding-up the salary computation systems.

September 1st, 2009 NEW DELHI - Dr Vijay Kumar Saraswat, who is in charge of the development of missile and strategic systems in the country, today took charge as scientific adviser to Defence Minister AK Antony and will also serve as Director General of the Defence Research and Development Organisation. Dr. Saraswat, who replaced the present incumbent M Natarajan on September 1, will also serve as Secretary Department of Defence Research and Development,.

July 29th, 2009 NEW DELHI - The end-use monitoring pact with the US "does not compromise our sovereignty" and will not allow American inspectors to visit Indian military installations, Prime Minister Manmohan Singh maintained Wednesday. You can be assured that our government has taken all precautions to ensure an outcome to guarantee (our) national security and interests.

July 28th, 2009 EADS net profit up 76 percent in 2QPARIS — Airbus parent company EADS NV said Tuesday that second-quarter net profit rose 76 percent as the European planemaker delivered more aircraft and charges for its delayed A400M military transport eased. Shares rose as European Aeronautics Defense and Space Co.

July 27th, 2009 Saudi Arabia orders 3 Airbus tankersPARIS — The Saudi Arabian Air Force has ordered three Airbus tanker aircraft for use in air-to-air refulling missions, Airbus parent company EADS said in a statement Monday. The order comes in addition to the first three A330 tankers that Saudi Arabia ordered in 2008.

July 22nd, 2009 NEW DELHI - Union Defence Minister A K Antony on Wednesday said that agreement with the US on defence matters was the result of three years of tough bargaining from both sides. Antony said this after attending an army hospital function in national capital on Wednesday.

July 20th, 2009 NEW DELHI - India and United States on Monday signed three agreements, including a strategically important Defence pact besides the two countries also announced the beginning of strategic dialogue. India and the U.S.

July 18th, 2009 MUMBAI - Secretary of State Hillary Clinton Saturday said she was "optimistic" about concluding a defence pact that will enable the US to monitor the end use of the arms and sensitive technologies sold to India and ensure that they are not diverted to other countries. "We are working very hard to finalise a number of agreements.

July 15th, 2009 WASHINGTON/CHICAGO - Boeing's Integrated Defence Systems said Wednesday it is cutting 1,000 jobs to accommodate the drop in demand in the federal defence budget. The lost jobs represent about 1.5 percent of the 70,000 employees in the defence branch.

July 11th, 2009 MOSCOW - Israel has ordered at least 25 US F-35 stealth fighter aircraft to counter any potential threat from the delivery of Russian advanced air defence systems to Iran and Syria, an Israeli daily said. Tel Aviv earlier said the purchase of F-35 fighters would effectively eliminate the threat from Russian-made S-300 air defence systems because a series of computer simulations had clearly demonstrated that new US stealth fighters outperform the Russian missiles.

July 1st, 2009 EADS wins border security deal with Saudi ArabiaPARIS — European aerospace and defense contractor EADS NV has won a major contract with Saudi Arabia to supply a border security system covering 9,000 kilometers (5,600 miles) of the kingdom's land and sea frontiers, the company said Wednesday. The European aerospace and defense contractor said the system will be put in place over the next five years.

May 27th, 2009 NEW DELHI - Sending out a stern message against corruption in defence equipment procurement, Defence Minister A.K. Antony Wednesday said contracts will be ruthlessly cancelled if any malpractices were found.

April 16th, 2009 MOSCOW - There are no obstacles to the delivery of Russian S-300 surface-to-air missile systems to Tehran, Iran's deputy foreign minister has said. 'There are no problems with this (S-300) contract,' Mehdi Safari said Wednesday at the end of his visit to Moscow.

February 24th, 2009 ABU DHABI - Defence and security businesses have not been impacted by the global financial crisis, Alexandre de Juniac, executive vice president of French defence systems company Thales, has said here. 'We are not affected by the economic crisis in our main businesses, because we are heavily relying on government spending and the defence spending has not been reduced at this stage everywhere in the world,' de Juniac said Monday.

February 14th, 2009 BERLIN - A computer virus that has already hit defence computers in Britain and France has spread to German military systems, the defence ministry in Berlin said Saturday. The Conficker computer worm has exasperated computer users right around the globe in recent weeks, but security-conscious military users had been thought to be better prepared to repel it.