A New York Times report has alleged that British aerospace manufacturer HR Smith Group’s subsidiary Techtest exported USD2m worth of sensitive technology to Russia via India’s state-owned Hindustan Aeronautics Ltd (HAL). All three entities have denied the allegations.
The Office of the United States Trade Representative introduced the 2025 National Trade Estimate Report on Foreign Trade Barriers on 31 March. The report lists offsets in government procurements as a foreign trade barrier for the US.
CARACAL inaugurated a small arms manufacturing facility in Hyderabad on 21 April, in cooperation with India-based ICOMM Tele, a subsidiary of Megha Engineering & Infrastructures Ltd (MEIL), marking the first ever transfer of technology in defence articles from the UAE to India.
Israel Weapon Industries has launched an assembly plant in Peru, in collaboration with local defence industry firm FAME. Separately, Russia’s Rosoboronexport has announced plans to establish a new MRO centre in Peru to service Russian military helicopters locally.
Hanwha Aerospace and WB Electronics signed a term sheet agreement on 15 April to establish a joint venture to manufacture CGR-080 guided missiles in Poland.
Boeing has offered to deliver on 85 percent local content and offset commitments if the Indonesian government finalises its planned purchase of 24 F-15EX fighter jets.