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India readies $3.1 bn for surveillance buys
India readies $3.1 bn for surveillance buys- Politics/Nation-News-The Economic Times
BANGALORE
: Indias defence authorities plan to procure new surveillance systems and at least 4 new radar-equipped helicopters worth almost $3.1
billion in a bid to modernise the armed forces with more sophisticated weapon systems.
The evaluations are yet to start, but vendors from Germany
, Czech, Israel and US have already started exploring contracts worth $3.1 billion, a person familiar with the proposals told ET on conditions of anonymity. He added that the armed forces plan to procure 3 airborne radar, atleast 4 battle-equipped helicopters and around 10-12 new surveillance systems.
In December 2003, India
had signed a $1.1-billion contract with Israel for procurement of three Phalcon early warning radar systems. The new surveillance systems being discussed do not include the Phalcon contract.
While the procurement of surveillance systems will happen over the next few months, the defence authorities are expected to review battle-equipped helicopters during the Aero India show being held in Bangalore next week.
The procurement of latest surveillance systems will help India move from unmanned surveillance to a more sophisticated system, wherein assessment could be done real time, allowing better intelligence for the armed forces.
With around 23.4 billion military spend in 2007, India is ranked 10th by the Stockholm International Peace Research Institute in terms of defence expenditure. This year, the country is expected to spend over $30 billion in procuring latest equipments and systems for modernising its armed forces.
Another person familiar with the developments told ET on conditions of anonymity that Israel-based Elta Systems, Kazan Helicopters of Russia apart from US-headquartered Raytheon are among the companies exploring to bid for these contracts.
An Elta Systems spokesperson based in Israel did not respond to an email query sent by ET on Tuesday. When contacted by ET on Tuesday a defence spokesperson said procurement of such equipments is a complex and time consuming task.
It is complex in terms of procedure, but every effort is made to acquire the best product at the most competitive price without compromising on the quality, he said. He could not offer any specific comments about the stage of evaluating the proposed equipments.
Experts such as Ratan Shrivastava, who is the practice head and director for aerospace and defence at Frost and Sullivan, say that Indias ambitions to move from un-manned surveillance to real time surveillance of its borders is what is driving the modernisation programme.
can any one tell that what kind of system are they talking about
India readies $3.1 bn for surveillance buys- Politics/Nation-News-The Economic Times
BANGALORE
: Indias defence authorities plan to procure new surveillance systems and at least 4 new radar-equipped helicopters worth almost $3.1
billion in a bid to modernise the armed forces with more sophisticated weapon systems.
The evaluations are yet to start, but vendors from Germany
, Czech, Israel and US have already started exploring contracts worth $3.1 billion, a person familiar with the proposals told ET on conditions of anonymity. He added that the armed forces plan to procure 3 airborne radar, atleast 4 battle-equipped helicopters and around 10-12 new surveillance systems.
In December 2003, India
had signed a $1.1-billion contract with Israel for procurement of three Phalcon early warning radar systems. The new surveillance systems being discussed do not include the Phalcon contract.
While the procurement of surveillance systems will happen over the next few months, the defence authorities are expected to review battle-equipped helicopters during the Aero India show being held in Bangalore next week.
The procurement of latest surveillance systems will help India move from unmanned surveillance to a more sophisticated system, wherein assessment could be done real time, allowing better intelligence for the armed forces.
With around 23.4 billion military spend in 2007, India is ranked 10th by the Stockholm International Peace Research Institute in terms of defence expenditure. This year, the country is expected to spend over $30 billion in procuring latest equipments and systems for modernising its armed forces.
Another person familiar with the developments told ET on conditions of anonymity that Israel-based Elta Systems, Kazan Helicopters of Russia apart from US-headquartered Raytheon are among the companies exploring to bid for these contracts.
An Elta Systems spokesperson based in Israel did not respond to an email query sent by ET on Tuesday. When contacted by ET on Tuesday a defence spokesperson said procurement of such equipments is a complex and time consuming task.
It is complex in terms of procedure, but every effort is made to acquire the best product at the most competitive price without compromising on the quality, he said. He could not offer any specific comments about the stage of evaluating the proposed equipments.
Experts such as Ratan Shrivastava, who is the practice head and director for aerospace and defence at Frost and Sullivan, say that Indias ambitions to move from un-manned surveillance to real time surveillance of its borders is what is driving the modernisation programme.
can any one tell that what kind of system are they talking about
