Bengaluru/New Delhi: India‘s lone aircraft maker Hindustan Aeronautics Limited (HAL) has signed up a $54-million deal with digital technology company Tech Mahindra to implement a project for overhaul of its business operations. In a statement, HAL said it has got Tech Mahindra for a Rs 400-crore ($54-million) contract […]
Marillyn A. Hewson becomes company’s executive chairman BETHESDA (U.S.): In a planned leadership transition, experienced chief executive and Gulf War veteran and pilot James D. Taiclet today became president and CEO of Lockheed Martin Corp. He succeeded Marillyn A. Hewson, who has served as chairman, president and CEO […]
New Delhi: India’s Chief of Defence Staff (CDS) General Bipin Rawat‘s office is now prioritising procurement proposals of the armed forces based on immediate needs, and purging the approvals granted for acquisition of equipment that are now obsolete and don’t fit into the scheme of military plans. A […]