The Times Of India, 6 Jun 2009
NEW DELHI: With former Ordnance Factory Board (OFB) chairman Sudipto Ghosh being arrested by CBI recently in a major defence scandal, the defence ministry has blacklisted seven companies, including major ones from Israel, Singapore and Poland, named in the case.
The foreign firms are Israeli Military Industries (IMI), Singapore Technology, Media Architects (Singapore) and BVT Poland, the Indian ones are HYT Engineering, R K Machine Tools and T S Kishan and Company Pvt Ltd.
Singapore Technology, one of the biggest aerospace and land systems company in Asia, in turn, was a strong contender in tenders for 155mm artillery guns for Army.
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