Aequs Limited, a precision-engineering firm based in Karnataka, launched its INR 921.81-crore IPO on December 3, 2025. The funds will support manufacturing expansion and debt repayment. With strong pre-issue demand due to growing aerospace needs, Aequs aims to emerge as a key player in India’s aerospace manufacturing sector.
On November 19, 2025, the US approved military deals worth over USD 92 million for India, including Excalibur artillery shells and Javelin anti-tank missiles, enhancing India’s precision-strike capability amid US-India tensions. These acquisitions aim to improve India’s military readiness along its borders with Pakistan and China, reinforcing defense collaboration despite ongoing tariff disputes.
Controlled Flight into Terrain (CFIT) remains a critical risk for India’s helicopters, exemplified by the tragic 2021 crash involving General Bipin Rawat. A landmark partnership between Hindustan Aeronautics Limited and HENSOLDT aims to develop an advanced LiDAR-based obstacle avoidance system, enhancing operational safety and autonomy for Indian helicopters in challenging environments.
Adani Defence and Aerospace is significantly expanding its operations in India’s defence sector, aiming for 100% indigenous military supplies. The company plans to triple its investment, increasing ammunition production and developing advanced systems like drones and electronic warfare technologies. By 2028, it seeks to eliminate reliance on imports for key materials.
France’s plan to provide Ukraine with up to 100 Rafale fighter jets signifies a major shift in European defense and Ukraine’s air capabilities. The deal enhances Rafale’s global market position while asserting France’s role as a key military partner for Ukraine, amid increasing geopolitical tensions and the push for advanced military support.
India is set to procure a new fleet of Medium Transport Aircraft (MTA) for the Indian Air Force, estimated at INR 70,000 crore. This initiative aims to bridge the gap in airlift capabilities, bolster domestic manufacturing, and enhance defense partnerships, while ensuring technology transfer and local assembly to support ‘Make in India’.
