The list did not include the T-50 or as Indian Air Force calls it FGFA JV that was to struck between Hindustan Aeronautics Ltd (HAL) and the Sukhoi Bureau, on the basis of a 50:50 investment sharing.
There have been reports lately that the Russian-built T-50, which was to be modified by HAL to bring in more stealth and supercruise etc, have run over time and budget. There were also reports that IAF could be reducing the size of the order, as one former top honcho said, ‘The price of the contract will be phenomenally high, almost double of what we will have to pay for the Rafale.’
The senior IAF source confirmed that the FGFA JV can only take off after the Russian prototype is provided to HAL. The current date that is being talked about is 2019-2020.
In response to the question, Antony detailed the ‘Present status of JV proposals between Indian Defence Public Sector Undertakings (DPSUs), Ordnance Factory Board (OFB) and Defence Research & Development Organisation (DRDO) and Russia are: Multi-role Transport Aircraft Ltd (MTAL), Indo Russian Aviation Limited (IRAL), Joint Venture for SMERCH Ammunition, Joint Venture for SMERCH Ammunition and BrahMos Aerospace.
The MTAL JV was formed between the HAL- really a new Indian entity United Aircraft Corporation Transport Aircraft - and Rosoboronexport, Russia, with both handling 50 per cent share each. ‘General contract and preliminary design phase contract have been signed in May 2012 and October 2012, respectively.’
Indo-Russian Aviation Ltd, a JV company was incorporated in September 1994 with participation of ‘HAL (48%), ICICI Bank (5%) and Russian partners (RAC MIG, RYAZAN, AVIAZAPCHAST) (47%).’
The JV company is for maintenance of engines, accessories, aggregates and avionics, modernisation and re-equipping all the Russian origin aircrafts. The company provides its services globally.
‘Memorandum of Understanding (MoU) on joint venture to include Transfer of Technology (ToT) for co-production of SMERCH (Multi Barrel Rocket Launcher) ammunition has been signed between Ordnance Factory Board (OFB), JSC Rosoboronexport and SPLAV SPA Russia on 27 August 2012.
The BrahMos JV, one of the biggest success stories of the Indo-Russian strategic partnership was formed between DRDO India and NPO Mashinostroyenia (NPOM) Russia under an inter- governmental agreement in February 1998 for joint design, development, production and marketing of supersonic cruise missiles for armed forces of both the countries, and export to mutually agreed third friendly countries. Two variants of the BrahMos missile has been jointly developed and is under serial production in India and Russia.
There have been reports lately that the Russian-built T-50, which was to be modified by HAL to bring in more stealth and supercruise etc, have run over time and budget. There were also reports that IAF could be reducing the size of the order, as one former top honcho said, ‘The price of the contract will be phenomenally high, almost double of what we will have to pay for the Rafale.’
The senior IAF source confirmed that the FGFA JV can only take off after the Russian prototype is provided to HAL. The current date that is being talked about is 2019-2020.
In response to the question, Antony detailed the ‘Present status of JV proposals between Indian Defence Public Sector Undertakings (DPSUs), Ordnance Factory Board (OFB) and Defence Research & Development Organisation (DRDO) and Russia are: Multi-role Transport Aircraft Ltd (MTAL), Indo Russian Aviation Limited (IRAL), Joint Venture for SMERCH Ammunition, Joint Venture for SMERCH Ammunition and BrahMos Aerospace.
The MTAL JV was formed between the HAL- really a new Indian entity United Aircraft Corporation Transport Aircraft - and Rosoboronexport, Russia, with both handling 50 per cent share each. ‘General contract and preliminary design phase contract have been signed in May 2012 and October 2012, respectively.’
Indo-Russian Aviation Ltd, a JV company was incorporated in September 1994 with participation of ‘HAL (48%), ICICI Bank (5%) and Russian partners (RAC MIG, RYAZAN, AVIAZAPCHAST) (47%).’
The JV company is for maintenance of engines, accessories, aggregates and avionics, modernisation and re-equipping all the Russian origin aircrafts. The company provides its services globally.
‘Memorandum of Understanding (MoU) on joint venture to include Transfer of Technology (ToT) for co-production of SMERCH (Multi Barrel Rocket Launcher) ammunition has been signed between Ordnance Factory Board (OFB), JSC Rosoboronexport and SPLAV SPA Russia on 27 August 2012.
The BrahMos JV, one of the biggest success stories of the Indo-Russian strategic partnership was formed between DRDO India and NPO Mashinostroyenia (NPOM) Russia under an inter- governmental agreement in February 1998 for joint design, development, production and marketing of supersonic cruise missiles for armed forces of both the countries, and export to mutually agreed third friendly countries. Two variants of the BrahMos missile has been jointly developed and is under serial production in India and Russia.