Rapid Fire March 19, 2012: India’s 2013 Budget

Mar 19, 2012 08:00 UTC by Defense Industry Daily staff

India is increasing its defense budget for 2012-13 by 17% to Rs 1,93,407 crore (about $38.5B). The Business Standard opines that the nominal double-digit growth is misleading.
The Stockholm International Peace Research Institute (SIPRI) released its latest report [PDF] on international arms imports and exports. India remains the #1 importer at 10% of global imports.
DARPA wants to develop new year-round monitoring capabilities in the Arctic, above and below the ice, for example to measure under-ice acoustic propagation. Their Proposer’s Day on the topic is scheduled for March 30, with $4M in funds to follow that they will spend in awards of about $250K-$500K.

Canada expects to save $90M a year from pulling out of some NATO programs such as AGS, according to the Ottawa Citizen. The Canadian government also clarified that it has not yet actually signed a contract to order JSFs. What they have is a Memorandum of Understanding. Looking for wiggle room, or cold feet?

Norway found its C-130J-30 that had gone missing during an exercise last week. The plane had crashed on a mountain in Sweden, killing all 5 members of the crew.

The widow of the USAF pilot who died in an F-22 crash in 2010 is suing Lockheed Martin, Boeing, Honeywell International and Pratt and Whitney. The lawsuit, filed in Illinois earlier this month, alleges that the aircraft was “unreasonably defective.”

After the Department of State, the row between the US and Thales Alenia is now involving Congress.

Another half-dozen FY13 defense hearings are scheduled in the US Congress this week.

Categories: Budgets, Canada, DARPA, Europe - Other, Fighters & Attack, India, Legal, Polar Regions, Thales, USA

Rapid Fire March 19, 2012: India’s 2013 Budget

Stay Up-to-Date on Defense Programs Developments with Free Newsletter

Archives

White Papers & Events

Stay Up-to-Date on Defense Programs Developments with Free Newsletter

One-stop tracking

Catch up with new events

Table of contents

Exec summary

Media gallery

Clean printouts

Save as PDF

Subscribe for more