USA Archives - Defence Monitor

23 Jul

Space Activity Bill, revised FDI policy top wishlist of private players

Chennai, July 23, Experts say that a revised policy on Foreign Direct Investment (FDI) for the space sector, coming out with the Space Activity Bill, encouraging upstream industries are some of the big moves that await the Indian space sector. Two years after opening up the space sector for private players, the Indian government recently came out with the sectoral policy. According to industry experts, apart from the policy, the Space Activity Bill and a revised FDI policy should be announced. “The next move should be to create a strong upstream industry in India. This is essential for the start-ups…

19 May

Zelensky to attend Japan G7 summit in person

Kiev, May 19 (IANS) Ukrainian government officials have confirmed that President Volodymyr Zelensky will attend the ongoing G7 Leaders' Summit in Hiroshima, Japan, in person, marking his first trip to Asia since Russia launched its full scale invasion in February 2022. In a live TV address to the nation, Oleksii Danilov, Secretary of the National Security and Defence Council of Ukraine, said: "Who would doubt that our President would be present there? We are confident that our President will be where he needs to be, anywhere in the world, to address the sustainability of our country. "Very important things will be…

15 Apr

S.Korea, US, Japan agree to hold joint military drills regularly

Seoul, April 15 (IANS) South Korea, the US and Japan have agreed to hold missile defence and anti-submarine exercises regularly to counter growing North Korean threats, Seoul's Defence Ministry said on Saturday. The three nations reached the agreement at a session of the Defence Trilateral Talks (DTT) on Friday, amid tensions caused by Pyongyang's recent weapons tests, including that of what it claims to be a solid-fuel Hwasong-18 intercontinental ballistic missile (ICBM) on Thursday, reports Yonhap News Agency. The first DTT session in three years was yet another indication of tightening security cooperation among the three nations. Since its previous session…

27 Jan

BEL signs USD 73 Million contract with Hyperion Global Group LLC, USA, for supply of IoT devices to the US

New York / Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) and Hyperion Global Group, LLC, an infrastructure telecommunication distribution company based in the USA, have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market. As per the contract signed on January 21, 2022, BEL will manufacture and supply IoT devices worth US $73 Million to Hyperion during the first year of commencement of supply with a provision to negotiate and supply upgrades of the products, worth US $365 Million, in the next five years. Hyperion's next generation global telecommunications infrastructure devices…