India's Defence Ministry will agree on Monday to purchase 12 amphibious rescue aircraft from Japanese manufacturer ShinMaywa Industries worth $1.5 billion-$1.6 billion, the Nikkei news paper reported on Sunday.
Japan and India have been holding talks on the purchase for more than two years. It would one of Japan's first sales of military equipment since Prime Minister Shinzo Abe lifted a 50-year ban on arms exports and it reflects growing defense ties between the two countries.
India's Defence Ministry will approve the purchase of 12 US-2 aircraft at a Defense Acquisitions Council meeting scheduled for Monday, the Nikkei reporting, citing senior ministry officials it did not name.
The deal will be included in a memorandum of understanding to be signed during Indian Prime Minister Narendra Modi's visit to Japan from Thursday to Saturday, the Nikkei said, citing the officials.
During the visit, Abe will also urge Modi to expand its usage of Japan's high-speed train technology, the Nikkei reported.
Embraer signed a new long-term agreement with the Brazilian Air Force to provide support solutions for its KC-390 Millennium fleet. The agreement strengthens the partnership between Embraer and t...
Air bp is proud to celebrate 100 years serving the global aviation industry. Since its creation in 1926, when aircraft were still made of wood and canvas, Air bp has remained central to the industry&#...
AERO 2027 aims to build on the great success of AERO 2026 with an enhanced programme for business aviation, organisers Fairnamic confirmed today. For the second year running, AERO was...
Metrojet Limited announced the arrival of Asia’s first Bombardier Global 8000 aircraft into its managed fleet, a landmark achievement that reflects the Company’s continued growth...
