Defence Firms

Analyst at Elara Capital believe defense companies in India stand to benefit as the EU defence OEM turn to public and private defence firms to procure components and subsystems.

India is developing the Zorawar tank, a highly versatile platform, to boost the Army's combat capabilities along the contested frontier with China

Israel already had a thriving startup scene, meaning its companies may be better placed to capitalise on the wartime boom, with some already winning orders from abroad with aims to shape future battle

Rossell Techsys MD Rishab Gupta discusses the firm's demerger from Rossell India and its entry into the space sector, highlighting a Rs 2,800 crore order book and a focus on defence and civil aviation

The UPSC will end the registration window for NDA 1 on December 31. Candidates can apply for the NDA 1 registration at the official website i.e, upsconline.nic.in and upsc.gov.in

HDFC share: HFCL has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu

On the bourses, BEL and Data Patterns have given solid returns. On a year-to-date (Y-T-D) basis, BEL soared over 59%, while Data Patterns gained 35%

Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a major order from the Defence Ministry for the supply of K9 Vajra-T Artillery Platforms to the Indian Army. According to the company's project classification, the 'major' order values between Rs 5,000 crore-10,000 crore. The K9 Vajra-T is a 155 mm, 52-caliber tracked self-propelled artillery platform, adapted from the world's leading South Korean self-propelled howitzer K9 Thunder. Co-developed by L&T and Hanwha Aerospace, it has been customised to suit the requirements of the Indian Army for operations in varied terrains, including deserts, plains and high-altitude regions. In 2017, the company won the order for the first batch of 100 K9 Vajra-T platforms through a global competitive bidding and after successful field evaluation. The company delivered the Vajra Platforms ahead of schedule. "Like the first batch, the second batch of the K9 Vajra-T too will be manufactured at our Armoured Systems ...

The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months

According to an official statement by the Ministry of Defence, 'Nirdeshak' is the second vessel of the Survey Vessel (Large) Project

President-elect Donald Trump's lawyers are alleging that his hush money conviction was tainted by juror misconduct, opening a new front in their fight to overturn the verdict and throw out the historic case. Trump's lawyers raised the misconduct claim in court papers made public Tuesday, as Manhattan Judge Juan M. Merchan weighs a pending defence request to throw out the case in light of his impending return to the White House. Trump lawyers Todd Blanche and Emil Bove wrote in a letter to Merchan that they had evidence of grave juror misconduct during the trial. The details of the allegations were redacted and hidden from public view. Three of the letter's seven pages were entirely covered in black ink. The letter, dated December 3, was added to the public court docket on Tuesday. Merchan said in a separate letter Monday that he ordered the reactions both to preserve the integrity of the case and to ensure the safety of jurors, whose names have been kept private. Blanche and Bove'

South Korean prosecutors are seeking to formally arrest the former defence minister alleged to have colluded with President Yoon Suk Yeol in imposing martial law last week, as both men are being investigated on rebellion and other charges. Martial law lasted only about six hours but was the first of its kind in more than 40 years and has caused a domestic firestorm and large street protests. Yoon and his associates face criminal investigations and impeachment attempts. The Justice Ministry has banned Yoon and eight others from leaving the country as authorities see them as key suspects in the martial law case. It's the first time that a sitting president in South Korea has received such a travel ban. The Seoul Central District Court said Tuesday it'll review prosecutors' request for a warrant to arrest former Defense Minister Kim Yong Hyun, who has been accused of recommending martial law to Yoon and sending troops to the National Assembly to block lawmakers from voting on it. Eno

India's transformation into a defence tech hub is being driven by initiatives to promote innovation, self-reliance, and collaboration among startups, MSMEs, and academia

Approvals include ships for the Indian Navy, helicopters for the Indian Coast Guard, and an electronic warfare system for Indian Air Force jets

From football and education to defence, the two countries are looking at deeper engagement in new areas

The Pinaka multi-barrel rocket launcher can deliver up to seven tonnes of explosives through 216 launcher tubes in 44 second to a target 60 km away

Bharat Forge is the lowest bidder for a Rs 6,000 crore contract to supply Advanced Towed Artillery Gun Systems to the Indian Army, receiving 60 per cent of the order

Initially, GE Aerospace was expected to begin engine deliveries in March 2023 to support HAL's production of Tejas Mk1. However, the first batch of engines is now anticipated to arrive by April 2025

Valuation re-rating has been much sharper for non-BFSI companies

FIIs failed to participate in the big runup in better-quality infrastructure cos, defence and energy transition and public-sector companies, many of which have reported vastly improved performances