New Delhi: American defence major Lockheed Martin (NYSE: LMT) has appointed William (Bill) Blair as vice president and chief executive for the company’s operations in India. In this role, Blair will lead the growth and development of Lockheed Martin’s business in India and serve as the executive representative […]
New Delhi: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
New Delhi: India today decided to revise its defence procurement rules, to simplify the acquisition process of arms and ammunition, apart from making the procedures inclusive of the entire military industrial ecosystem. The exercise is to be completed in six months from now. Minister of Defence Rajnath Singh […]
