The capital expenditure is meant for the procurement of weapons and platforms, and payment of outstanding committed liabilities for past defense contracts.
India and the United States have signed a basic exchange and cooperation agreement for geospatial cooperation, a major defense pact for the exchange of classified geospatial intelligence between their armed forces.
The upgrade of India’s Mirage 2000-H fleet could face a roadblock, after the maintenance warranty from original equipment manufacturers Dassault Aviation and Thales of France expired with nobody willing to continue footing the bill.
India has made an official request to purchase two ISTAR aircraft under a government-to-government deal. The move comes within a month of U.S. Defense Secretary Jim Mattis’ visit to India.
India’s global hunt is for twin-engine jets, and preference will be given to overseas companies able to provide custom, Indian-built electronic warfare equipment.