Space Industry and Business News  
South Asia's biggest airshow ends in India

by Staff Writers
Bangalore, India (AFP) Feb 15, 2009
South Asia's biggest airshow ended here Sunday with armament and aviation firms from 25 countries hoping to win multi-billion dollar contracts from India's weapons-hungry military.

"Some 200,000 visitors, including 50,000 delegates, attended the five-day event," airshow spokesman Gurpal Singh said as thousands of visitors ignoring security burst into the grounds on Sunday.

Soldiers guarding the venue were harried as people broke through security cordons to look at flying displays by some of the world's most advanced combat aircraft.

"Thousands turned up in large numbers leading to exhibitors' pavilions getting choked with people," Indian defence ministry official M.P. Singh added.

Invited visitors appeared angry.

"What started as a grand event has ended as a cattle show, with crowds swarming pavilions, food courts and even the rest rooms," an IBM software engineer said.

Just an hour before the show ended, two tyres of an F-16 burst while the fighter jet was landing after a display. No one was hurt but the mishap sparked safety concerns and emergency teams hurriedly towed away the aircraft.

US-based aerospace giant Lockheed Martin, which hopes to sell 126 such jets to India, said the accident did not disrupt other display flights including aerobatics by a formation of Indian jets.

The show also saw the first export of Indian-made helicopters to Ecuador and the signing of pacts involving India's state-run military firms and overseas companies such as US-based Boeing and Russian armament companies.

"Besides, a lot of queries we recieved could translate into business deals," said a top official from India's Defence Research and Development Organisation, which has several ongoing joint ventures with overseas companies.

Nearly 600 armament and aerospace firms -- half of them from overseas -- took part in this year's Aero India event where rival Pakistan was not invited.

Tensions between the nuclear-armed neighbours have soared in the wake of last November's attacks in Mumbai, which India blames on Pakistan-based Islamist militants.

Despite the deepening global slowdown, India's million-plus military says it cannot cut defence spending and plans to hand out contracts worth 30 billion dollars in the next three to four years.

The defence budget accounts for 2.5 percent of GDP and India has imported military hardware worth 28 billion dollars since 2000.

Leading the pack of countries which sent 303 international firms to the event were Germany and France with 31 firms each. Twenty-six British, 24 Russian and 22 US firms were also present, along with 289 Indian defence companies.

Among the prime pickings is a 12-billion-dollar deal for 126 fighter jets. Six major aeronautical firms competing for the contract participated in the air show.

Besides the 126 jets, transport aircraft and AWACS, India plans to buy 700 helicopters worth 3.5 billion dollars, artillery, warships and other hardware for billions of dollars.

Israel, which replaced France in 2007 as India's second-largest arms supplier after Russia, sent its top 10 defence firms.

Government sources told AFP in New Delhi that Israel was likely to overtake Russia and become India's prime arms supplier with unspecified deals it reportedly bagged in the current financial year ending March 31.

Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


Analysis: European defense contracts
Brussels (UPI) Jan 26, 2009
French arms exports soared by almost 15 percent in 2008, the French government announced earlier this month. France hopes to further boost its international arms exports by finally creating overseas demand for its long-criticized Rafale fighter jet, manufactured by Dassault.







  • Virtual library of medieval works created
  • Facebook settled for 65 million: ConnectU law firm
  • Service reins in Twitter spammers
  • Google brings e-books to mobiles

  • Ariane 5 - First Launch Of 2009
  • Ariane 5 Is Cleared For Its First Mission Of 2009
  • Proton-M Rocket Orbits 2 New Telecom Satellites
  • Assembly Begins On Second Ariane 5 For The Year

  • Major airlines call for climate deal to include aviation
  • Swiss aircraft firm to cut jobs in Ireland
  • Bank of China extends massive credit to state aircraft maker
  • Shanghai Airlines seeks capital injection

  • Raytheon Delivers Final Sentinel R Mk 1 Aircraft For UK ASTOR System
  • USAF Awards LockMart Team Contract To Extend TSAT Risk Reduction/System Definition Phase
  • Major Test Of Second Advanced EHF MilComms Satellite Underway
  • DTECH Labs Offers Military Customer Sercure Comms

  • Collision Possibly Caused By US Satellite's Crash Into Junk Orbit
  • Satellite collision raises concern over space traffic, debris
  • Pentagon fails to anticipate satellite collision
  • When Satellites Collide

  • Raytheon Makes Executive Changes In Space Business
  • George Preston Chosen For 2009 Henry Norris Russell Lectureship
  • Stevens New Director Of Communications And Public Outreach For Space Foundation
  • ATK Appoints Blake Larson To Lead Space Systems Group

  • ESA Water Mission On Track For Launch
  • NASA Mission Meets The Carbon Dioxide Measurement Challenge
  • NASA's Terra Captures Forest Fire Horror From Orbit
  • Raytheon Submits Final Proposal For NOAA's Environmental Satellite Ground Segment

  • Copper Mountain Launches Satellite-Based Skier/Rider Tracking System
  • Global Traffic Technologies Introduces Opticom Central Management Software
  • Iron Dog Racers Safer With Iridium-Enabled Tracking Technology
  • First Robotic Greens Mower For The Golf Industry

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement