Latest news with #US-IndiaDefenceFramework
India Gazette
a day ago
- Business
- India Gazette
US, India to ink 10-year Defence Framework by year end
Washington D C [US], July 3 (ANI): India and the United States of America have agreed to sign a new 10-year US-India Defence Framework by this year, US Senior Defence Spokesperson Colonel Chris Devine said. US Secretary of Defence Pete Hegseth in his phone conversation on Tuesday with Union Minister Rajnath Singh have agreed to sign the next 10-year US-India Defence Framework when they meet this year, a Pentagon statement said. Hegseth in his talks with Singh emphasized the priority the United States places on India as its key defence partner in South Asia. Both leaders reviewed the considerable progress both countries have made toward achieving the defence goals set out in February 2025. 'On July 1, Secretary of Defence Pete Hegseth spoke with India's Minister of Defence Rajnath Singh. Secretary Hegseth emphasized the priority the United States places on India as its key defence partner in South Asia. Secretary Hegseth and Minister Singh reviewed the considerable progress both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Trump and Prime Minister Modi. The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries,' the statement said. Following the telephonic conversation, the Ministry of Defence said in an official statement said that both leaders discussed a wide range of issues, ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaboration. They agreed to further build upon the momentum of this critical and mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners. In a post on X, Rajnath Singh said, 'Glad to speak with the US Secretary of Defense Mr. Pete Hegseth today. Excellent discussion to review the ongoing and new initiatives to further deepen India-US defence partnership and strengthen cooperation in capacity building. Conveyed my deep appreciation for the unwavering support extended by the US to India in its fight against terrorism. Looking forward to meet him at an early date.' (ANI)
Mint
a day ago
- Business
- Mint
HAL, BEML to Paras Defence — defence stocks gain as Indo-American govt to ink 10-year defence framework
Hindustan Aeronautics, BEML, Paras Defence, Data Patterns, among other defence stocks gained on Thursday after India and the US agreed to ink a 10-year defence framework. Data Patterns (India), Cyient DLM, BEML, HAL, Dynamatic Technologies, Paras Defence and Space Technologies and Mazagon Dock Shipbuilders shares were among the top gainers in the Nifty India Defence index, gaining over a percent each. The index rose 0.65%. On the contrary, Bharat Dynamics, Unimech Aerospace and Manufacturing, Astra Microwave Products, Mishra Dhatu Nigam, DCX Systems and Zen Technologies were among the losers in the index, falling over half a percent each. Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US, said a Pentagon statement released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. 'Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year,' it said. The two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries, the Pentagon readout added In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, PTI reported, quoting people familiar with the matter. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, the report added. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
a day ago
- Business
- News18
HAL, BEL, Bharat Dynamics: Defence Stocks Surge After Reports Of India-US Strategic Framework
Defence shares, such as Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics, were rising in trade on Thursday Defence shares, such as Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics, were rising in trade on Thursday amid reports that India and the US have agreed on a defence framework. The 10-year framework will see a strategic partnership between the two countries for sharing defence know-how and an increased supply of defence equipment. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. 'Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. 'Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. It said the two leaders reviewed the 'considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. 'The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. First Published: July 03, 2025, 10:12 IST
Time of India
a day ago
- Business
- Time of India
India, US to ink 10-year defence framework: Pentagon
Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 지금 차면 가장예쁜 기부팔찌 유니세프 지금 기부하기 Undo It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. Live Events It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft , people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Singh and Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical and mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
Hindustan Times
a day ago
- Business
- Hindustan Times
India, US agree to ink 10-year framework to boost defence ties
Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US. US President Donald Trump and Prime Minister Narendra Modi(Representative Image/ REUTERS) The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Singh and Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical and mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
