Raytheon, Rafael Iron Dome: American missile and defence giant Raytheon Missiles & Defense, and Israel’s Rafael Advanced Defense Systems Ltd have signed a joint venture to establish an Iron Dome Weapon System production facility in the United States. The new partnership, called Raytheon RAFAEL Area Protection Systems, anticipates finalizing a site location before the end of the year, said the company.
Indian Army Target Drone Tender: Indian Army is seeking to buy 125 target drones annually from Indian defence companies under Prime Minister Narendra Modi’s ambitious self-reliant India scheme that aims to make the country a defence powerhouse in next five years.
Defence Production Policy DPEPP 2020: India Monday unveiled the draft Defence Production and Export Promotion Policy 2020 with the aim to make the country a defence power house by achieving the defence manufacturing target of $25 billion (Rs 1.75 lakh crores) and weapons export worth $5 billion (Rs 35,000 crore) by 2025.
