India Raises Defence Spending 7 pct, Eyes Purchases

Published: Mar 01, 2006
Source: in.today.reuters.com



NEW DELHI (Reuters) - The government raised its defence spending on Tuesday by a modest 7 percent for the next fiscal year, aiming to fund ambitious plans to modernise its 1.3 million-strong military, the fourth largest in the world.

India's armed forces have been on a shopping spree over the last few years, looking for new fighter and trainer jets, submarines, an aircraft carrier, artillery systems and radars despite slow moves to make peace with arch rival Pakistan.

Defence experts say the forces need to modernise and upgrade their mostly Russian vintage equipment as Pakistan and giant neighbour China -- both of whom have fought wars with India -- remain threats.continue..

Recent News Articles
12/01/2008Fifth Gripen fighter delivered to South Africa
12/01/2008Boeing Airborne Laser Team Fires High-Energy Laser Through Beam Control System
11/27/2008Lockheed Awarded $180M for Advance Buy of up to 20 Lot 10 F-22 Raptors
11/26/2008Gates to Reportedly Stay on as Pentagon Chief
11/25/2008F-15D accident report released
11/25/2008Deployed Airmen support bilateral exercise
11/24/2008Norway Recommends Lockheed Martin F-35 Lightning II
11/24/2008NATO Moves Forward With Agreement to Acquire Boeing C-17s
11/22/2008Coalition force Reaper unit deploys to Joint Base Balad
11/22/2008DOD defers F-22 funding decision to next administration
11/19/2008Remains of B-52 aircrew laid to rest at Arlington
11/18/2008Hornet celebrates 30th anniversary of first flight
11/18/2008A-10 successfully drops laser-guided bomb
11/18/2008Boeing CH-47F Chinook Helicopter Fielded by US Army's 1st Cavalry Division
11/18/2008Eurofighter Test Fleet surpasses 6,000 Flying Hours
11/18/2008First Tranche 2 Typhoon Delivered to the Italian Air Force
11/17/2008Russia may use 'overkill' missiles to counter U.S. shield
11/15/2008Lockheed Comments on F-35 Supersonic Flight Achievement
11/14/2008180 Eurofighters for Germany, no reduction in Tranche 3
11/14/2008Russian military considers buying aerial drones from Israel
11/14/2008Sudan confirms purchase of Russian MiG-29 jet fighters
11/14/2008F-35 prototype achieves supersonic speed
11/14/2008Boeing Delivers 1st Production Laser JDAM Kits to US Navy
11/14/2008Northrop Grumman E-2D Advanced Hawkeye Completes Operational Assessment
11/11/2008First students graduate Raptor Basic Course
Back to the top All content © 2001 - 2008 Air-Attack.com, unless otherwise indicated. All Rights Reserved.
About us | Disclaimer | Privacy Policy | Contact Us | Sitemap | Links
Powered by Symfony Framework
AVIATION TOP 100 - www.avitop.comAvitop.com