ASDFEL

Exclusive: India bars makers of military drones from using Chinese parts

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Exclusive: India bars makers of military drones from using Chinese parts

NEW DELHI, Aug 8 (Reuters) – India in recent months has barred domestic manufacturers of military drones from using components made in China over concerns about security vulnerabilities, according to four defence and industry officials and documents reviewed by Reuters. The measure comes amid tensions between the nuclear-armed neighbours and as New Delhi pursues a … Read more

Safran makes an offer for Collins Aerospace’s flight control systems business

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Safran makes an offer for Collins Aerospace’s flight control systems business

LONDON, July 21 (Reuters) – French aerospace group Safran (SAF.PA) said on Friday it had made a cash offer to buy the flight performance and control businesses of Collins Aerospace in a deal valued at $1.8 billion to become a leader in critical cockpit functions. Safran said the purchase would be accretive to earnings per … Read more