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 […]
By Roby Thomas After spending a day at sea on board INS Vikramaditya, on Sep. 29, Defence Minister Rajnath Singh conveyed the essence of sea power by referring to the aircraft carrier as the “Sikandar of Samundar” (emperor of the seas). This statement assumes significance in the context […]
New Delhi: India’s efforts to locally develop an Air Independent Propulsion (AIP) system for its futuristic indigenous diesel-electric submarine got a boost, with the Defence Research and Development Organisation (DRDO) operationalising a land-based prototype at Ambernath in Maharashtra today. Air Independent Propulsion has a force multiplier effect on […]
New Delhi: European aircraft manufacturer Airbus SE today landed one of its largest-ever deals with the sale of 300 narrow-bodied planes from its stable to Indian budget carrier IndiGo, an order worth at least $33 billion. The contract for the A320neo Family aircraft includes the latest extended long […]
New Delhi: India and the US are making last ditch efforts to revive an already dead Defence Technology and Trade Initiative between the two nations and have signed a ‘Statement of Intent’ at today’s meeting to work on seven futuristic projects, including drone swarms. A sample of the […]
New Delhi: India’s Minister of Defence Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries. The decision is expected to give a boost to defence exports and enhance ease of […]
Snapshot L&T won military orders worth $81 million in Q2 of FY20, a 52% drop from corresponding quarter last year International defence orders constitute 17% of total order inflow, Mumbai: Indian multinational, multi-sector company, Larsen & Toubro, had won orders worth ₹573 crore ($81 million) through its defence […]
New Delhi: The Indian Ministry of Defence today announced the extension of a ban on defence trade with Italian major Leonardo, which faced debarment from business dealings for the first time in 2014. In a notification put up on its website, the defence ministry said it “has again […]
New Delhi: In two back-to-back test firings, the Indian Air Force (IAF) today successfully validated the Indo-Russian BrahMos land-attack cruise missiles for its combat readiness. The IAF conducted the tests of the surface-to-surface cruise missile in combat mode at the Trek Island in Car Nicobar Islands region off […]
