Aerospace Diary

Neelam Mathews Sept 14, 2012 Watch two videos below-   Even as EADS and BAE Systems are in discussions to merge the two companies which could result in EADS owning 60 percent, BAE Systems has received a Request for Proposal (RFP) from Hindustan Aeronautics Limited (HAL) for a potential order to supply products and services for the manufacture of 20 Hawk Advanced Jet Trainer (AJT) aircraft. The aircraft, to be built by HAL in Bengaluru, will fulfill the Indian Air Force’s requirement for its prestigious aerobatic team. The combination entity with annual revenues close to $100 billion will result in the creation of a strong competitor to both Boeing and  Lockheed Martin. “EADS brings to the combination strength in European mainland markets while BAE brings strong influence on the lucrative Middle Eastern and South African markets,’ says  an analysis done by Aviotech. The merged company will make its p resence across a larger spectrum of project opportun...

Offsets Demystified- Credit- Aviotech (Posted by Neelam Mathews) An excellent and thorough study done by Aviotech   (+91-124-4982850 ) Summary 1.       The Acquisition Wing in the Department of Defence will be responsible for technical and commercial evaluation of offset proposals as well as conclusion of offset contracts. Newly formed Defence Offsets Management Wing (DOMW), under the Department of Defence Production, will be responsible for formulation of Defence Offset Guidelines and all matters relating to post contract management. 2.       30% of estimated cost of the acquisition (equal to or more than USD 55 Mn) in ’Buy (Global)’ category acquisitions and 30% of the foreign exchange component in ‘Buy and Make with ToT’ category acquisitions will be the required value of the offset obligations. 3.       The new routes for liquidation of Offset obligations are : a...