Weekly Current Affairs

Notice

  •  SAAB of Sweden has begun training engineers of Bharat Forge under proposed joint venture in anticipation of contract to supply air defence systems to Army.
  • The SAAB is gearing up for confirmatory trials for the Very Short Range Air Defence Systems (VSHORAD) tender, while it makes an aggressive pitch for the Short Range Surface to Air Missile (SRSAM) tender.
  • These systems are meant to replace the legacy Russian air defence systems in service and have seen repeated delays.
  • The VSHORAD tender is intended for the Army and Navy and worth over $5.2-billion for 5,175 missiles and 1,276 single and multi-launchers with stipulated technology transfer requirement for the Defence Public Sector Undertakings.
  • The SRSAM requirement is for two regiments consisting of 52 missile firing units, 18 radars and 1980 missiles and is worth about Rs.12,000-14,000 crore.