Bengaluru: India’s lone aircraft-maker Hindustan Aeronautics Limited (HAL) has posted a 32 per cent revenue growth in the second quarter of the current financial year compared to the same period in the last fiscal. The revenue from operations was Rs. 3,451 crore ($479 million) in the quarter ending […]
INS Hansa (Goa): India’s locally built Light Combat Aircraft‘s (LCA) naval variant has achieved the milestone of arrested landing during the night at the Shore Based Test Facility here on Nov. 12. The Defence Research and Development Organisation (DRDO) tweeted from its official handle on Twitter that the […]
New Delhi: India aims to fund 250 startups in the defence sector and achieve 50 tangible innovations over the next five years and is seeking approvals for Rs 500 crore ($70 million) budget for the programme, Defence Production Secretary Subhash Chandra said today. Chandra was addressing the inauguration […]
Moscow: India’s Rajnath Singh and Russia’s General Sergei Shoigu met here today when the protocol was signed, an Indian government statement said. However, the details of the protocol were not made public. Here are the top eight takeaways from the bilateral meeting of the 19th India-Russia Inter-Governmental Commission […]
New Delhi: India’s Ministry of Defence today signed a Rs 20,000 crore (Rs 200 billion/$2.8 billion) contract with the state-run Ordnance Factory Board (OFB) to licence-build 464 additional T-90S main battle tanks for the Indian Army. The indent for the 464 of these tanks were issued to the […]
Moscow: India’s Minister of Defence Rajnath Singh today asked the the Russian industry to jointly manufacture defence platforms and equipment with India that will give a massive boost to the two nations’ exports to third countries. At the ‘India-Russia Defence Industry Cooperation Conference’ here in the presence of […]
New Delhi: One of India’s four defence shipyards, Garden Reach Shipbuilders and Engineers Limited (GRSE), today successfully delivered a Fast Patrol Vessel (FPV) to the Indian Coast Guard. This is the second vessel in the series of five FPVs ordered by the Indian Coast Guard from GRSE. GRSE […]
New Delhi: India’s Minister of Defence Rajnath Singh today left for Russia on a three-day official visit, when the two nations are expected to sign deals for military spares involving their industries. Rajnath Singh will co-chair the 19th India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation along […]
Tashkent (Uzbekistan): India has extended a concessional line of credit to Uzbekistan for procuring goods and services in the defence sector. This was the key takeaway from the meeting between India’s Minister of Defence Rajnath Singh and his Uzbek counterpart Major General Bakhodir Nizamovich Kurbanov here today. Rajnath […]
New Delhi: Exemptions under Customs Duty and Goods and Service Tax on defence equipment bought by Indian armed forces could save up to Rs 60,000 crore ($8.5 billion) of the military budget over a five-year period, the Economic Times reported today. This saving could be used by the […]
Mumbai: India’s government-owned Cochin Shipyard Limited has signed the Phase-3 contract for the construction of the Indigenous Aircraft Carrier. The announced led to the company (BSE: COCHINSHIP) witnessing a spike in prices of 5.28 per cent, closing at Rs. 409.5 on the Bombay Stock Exchange on Friday than […]
Snapshot * $2.8-billion contract is for A321XLR aircraft deliveries beginning 2023 * Two more A320/A321 flight simulators for the aviation academy New Delhi: European aerospace major Airbus SE won a 20-plane order from Vietnam’s VietJet Aviation JSC for the A320neo narrow-body aircraft valued at $2.8 billion at list […]
By N. C. Bipindra New Delhi: India is taking its fight against insurgents and terrorism in Jammu and Kashmir to the next level by deploying robots to do the work, in a bid to save human lives and to achieve accuracy in eliminating threats. The Indian Army today […]
New Delhi: India’s Minister of Defence Rajnath Singh will leave for Tashkent, Uzbekistan tomorrow to attend a key meeting of the Shanghai Cooperation Organisation (SCO) and participate in bilateral engagements with the Uzbekistan government. Rajnath Singh will represent India in the meeting of Council of Heads of Government […]
Munich: European major Airbus Defence and Space has invested in US-based Amprius Inc. in current equity funding to further boost the development of new generation batteries based on Silicon Nanowire Anode technology, a company statement said today. The investment will help drive the development of higher volume production […]
