India Stocks Military Arsenal

Tuesday, September 13, 2005
India reportedly will bolster its navy with the purchaxe of six Franco-Spanish submarines in a deal reportedly worth $1.8 billion, according to a report by the BBC.

India plans to build six diesel-powered Scorpene SSK-class submarines at a naval dockyard in Mumbai (Bombay). The deal is the latest in a series of military purchases by Delhi aimed at modernizing India's armed forces. India is currently the developing world's leading buyer of military equipment, according to a report for the US Congress.

Delhi spent $5.7 billion on arms last year, taking it past China and Saudi Arabia, the Congressional Research Service said in August.

On Friday, the Chilean navy took delivery of the first of two Scorpene submarines developed by naval defense firms DCN of France and Navantia of Spain.

(Source: BBC)

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

New Australian Navy Submarines to be Japan Built?

Australia should discuss building its next-generation fleet of submarines overseas, the Department of Defence said on Monday, a shift that could open the door to

Russian Navy Expansion Gathers Momentum

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships

Three Share in Navy US$96.8-M Twin-Ship Modernization Contract

The U.S. Department of Defense informs that AMSEC LLC; CDI Marine Co. LLC; and Q.E.D. Systems Inc., (all located in Virginia Beach, Virginia) are each being awarded a cost-plus-fixed-fee/cost-only,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0995 sec (10 req/sec)