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- Indian Air Force Aims for Full Indigenous Inventory by 2047 — Air Chief Marshal A.P. Singh
- General Upendra Dwivedi takes over as the Chief of the Army Staff
- Rajnath Singh assumes charge as Defence Minister for the second consecutive term
- Admiral Dinesh K. Tripathi assumes Command of the Indian Navy as 26th Chief of the Naval Staff
- Prime Minister witnesses 'Bharat Shakti' – a Tri-Services Firing and Manoeuvre Exercise in Pokhran, Rajasthan
Sweden confirms sale of Gripen to Switzerland
The sale of 22 Gripen fighter jets from Sweden to Switzerland was confirmed on August 28 for a price of more than three billion Swiss francs ($3.1 billion).
The first delivery will take place in mid-2018, with all 22 planes to be delivered by 2021 at a cost of 3.126 billion Swiss francs.
The deal for the Gripen E/F – or Super JAS – planes was officially signed with Ulf Hammarström of the Swedish Defence and Security Export Agency.
The move to buy the planes was hotly contested in Switzerland where the parliamentary security commission found that the “choice of jet made by the Federal Council carries the most risks: technically, commercially, financially and in respect of the delivery date”, Swiss news agency ATS reported. The members of the commission, all appointed by the Swiss parliament’s National Council of representatives, nonetheless voted 16 to 9 against demanding that ministers put a halt to the deal.
Sweden intends to purchase between 40 and 60 of the jets.
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