Tag Archives: India

Boeing, Partner Form JV in India to Manufacture Aircraft Components

TYSONS CORNER, VA, November 10,  2015 — Boeing (NYSE: BA) has formed an India-based joint venture with Tata Advanced Systems to serve as a production facility for components of the AH-64 Apache helicopters and other aerostructures, ExecutiveBiz reported Monday. Boeing said Monday the JV will also work to develop integrated systems in pursuit …

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Boeing 3Q Earnings, Revenue Beat Expectations; Quarterly Defense Sales Up 6%

Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.52 per share, 30 cents above Wall Street estimates and 38 cents higher than figures for the same period last year. The company also raised its full-year earnings outlook …

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Reuters: India Cabinet Clears $2.5B Boeing Apache, Chinook Buy

India will move forward with its $2.5 billion purchase of Boeing-built (NYSE: BA) Chinook and Apache helicopters, Reuters reported Tuesday. Nigam Prusty and Tommy Wilkes report the deal covers 15 Chinook heavy-lift helicopters and 22 Apache attack aircraft and contains an option to purchase seven additional Chinooks and 11 more Apaches. The government approved the …

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FireEye Reveals Phishing Campaign Targeting India Organizations

TYSONS CORNER, VA August 26, 2015 — FireEye (Nasdaq: FEYE) revealed last week that a barrage of cyber attacks that may be originating from China has been targeting India and other countries in Southeast Asia since 2011, ExecutiveBiz reported Monday. The company said Thursday the group responsible has been targeting government, …

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Report: Boeing to See Orders for P-8I, Apache, Chinook From India

India’s defense acquisition council has approved the country’s purchase of four new P-8I maritime surveillance planes from Boeing (NYSE: BA) under a $1 billion deal with the U.S. government, Defense News reported Wednesday. Vivek Raghuvanshi writes that the order is part of an option clause in India’s 2009 contract to acquire eight …

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India OKs BAE M777 Howitzer Acquisition

TYSONS CORNER, VA May 15, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on India clearing the purchase of BAE Systems-made M777 howitzers from the U.S. government under a foreign military sales agreement. Defense World reported Wednesday the Indian defense ministry gave the go-ahead to procure 145 units of the …

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Coracias Pledges $100M to Establish D&A Innovation Hub; V.D. Dhaduk Comments

Startup technology and consulting firm Coracias will invest $100 million to create a network for U.S. and Indian businesses to offer new technologies in the defense market. Coracias seeks to collaborate with the U.S. private sector to meet a growing demand for defense systems in India, the company said Friday. …

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India Plans $2.5B Purchase of Boeing Chinook, Apache Helicopters

India has approved a deal to purchase Boeing-built (NYSE: BA) Chinook and Apache helicopters for approximately \$2.5 billion, Reuters reported Saturday. Nigam Prusty writes the purchase is part of Prime Minister Narendra Modi’s plan to bolster the nation’s military posture. The government also agreed on a proposal by the Indian navy to …

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US, India Reach $200M Boeing Harpoon Missiles Sale Deal

India’s government will purchase Boeing-built (NYSE: BA) missile systems and related equipment under a $200 million foreign military sale transaction approved by the U.S. State Department. The Defense Security Cooperation Agency said Tuesday the deal covers procurement of 12 UGM-84L Harpoon Block II missiles, 10 UTM-84L missile trainers, two certification …

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Ganesh Murthy Joins Dell Services as VP, CFO; Suresh Vaswani Comments

Ganesh Murthy, formerly executive vice president and chief financial officer of Hewlett-Packard’s (NYSE: HPQ) Mphasis Ltd. subsidiary, has joined Dell Services as VP and CFO, CIOL reported Monday. Murthy will report directly to Dell SVP and CFO Thomas Sweet and Dell Services President Suresh Vaswani in Bangalore, according to the report. …

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