Page 2 - Aerospace

Mahindra Group, Sentrycs ink pact for development of anti-drone solutions

Mahindra Group and Israel's Sentrycs Ltd on Friday said they have signed a non-binding Memorandum of Understanding (MoU) to explore opportunities for developing and providing 'differentiated anti-drone solutions' in India. The solutions will cover civilian and military applications, the two companies said in a joint statement. The MoU relates to the 'anti-drone systems' technology space and will focus on the Transfer of Technology (TOT) and manufacturing of radio frequency-based counter-drone solutions under the government of India's 'Make in India' initiative, it added. The 'differentiated anti-drone solution' is an autonomous and integrated system with a command and control (C2) module, and enables detection, tracking, identification and mitigation of incoming drones. "We believe that this MoU with Sentrycs would enable the group to explore opportunities in the anti-drone space and set the stage for cutting-edge technological offerings with global partners for a full suite of ...

Tech Mahindra, Marshall partner to drive advancement in aerospace, defence

IT major Tech Mahindra on Thursday said it has inked a pact with UK-based engineering service provider Marshall Group to combine their digital solutions and engineering capabilities to spur advancements in aerospace and the defence industry. Tech Mahindra in a statement said it will assist Marshall's engineering programmes in aircraft design and manufacture, special mission platforms, and the development of digital maintenance, repair, and overhaul (MRO) technologies. Marshall will also make use of Tech Mahindra's suite of data analytics and intelligent field support technologies to enhance its infrastructure solutions' operational efficiency and reliability. "Combining Tech Mahindra's global engineering and technology capabilities with Marshall's rich heritage and specialised knowledge, we are poised to create a powerful collaboration to drive innovation, deliver exceptional customer value, and enable the industry to scale at speed," Narasimham R V, President, Engineering Services,

Here's why DCX Systems share price locked in 5% upper circuit today

Shares of DCX Systems locked in 5 per cent upper circuit at Rs 319.75 per share on the BSE in Monday's intraday trade

Garuda Aerospace enters Sri Lankan market to target agricultural sector

Cricketer M S Dhoni-backed drone technology firm Garuda Aerospace on Monday announced its entry in the Sri Lankan market where it will primarily target agricultural sector to enhance farming practices, besides exploring opportunities in homeland security and industrial applications. As part of the company's global expansion plans, the foray into Sri Lanka will also support Garuda in capitalising on the country's strategic location and drone-friendly regulatory environment, Garuda Aerospace said. The company said it is looking to spread its presence in at least 50 countries over the next few years, and has set aside USD 10 million, of the over Rs 100 crore revenue it delivered in FY24, to fuel the international growth. "This (expansion into Sri Lanka) isn't merely about growth, it's about unlocking the full potential of drone technology to create substantial impacts across various sectors. Sri Lanka's diverse landscape allows us to showcase how our innovative solutions can bring ...

Aerospace major P&W opens new customer service centre in Bengaluru

US aerospace major Pratt & Whitney on Wednesday announced the establishment of a new Customer Service Centre (CSS) in Bengaluru. As part of the company's India Capability Centre, the new facility will drive customer service and operations support for Pratt & Whitney Canada's 68,000 engines in service globally, the company said. Co-located with Pratt & Whitney's supply chain operations, engineering, and digital transformation centres of excellence in India, CSS will deliver a range of services such as MRO support, spare part management, engine leasing, engine reliability analysis and contract administration. The facility will employ over 150 aerospace experts and engineers who will support a global customer service ecosystem, it added. The centre is expected to cater to clients, including domestic and global airlines, original equipment manufacturers, MROs, regulatory bodies and small operators, Pratt & Whitney said. "With the new Customer Service Centre, we are ...

HAL looks to build light helicopters to develop medium chopper expertise

The second and concluding part of the series on India's indigenous aerospace industry traces HAL's strategy to retain its position as the country's top-performing defence PSU

Cognizant Technologies to acquire Belcan for $1.3 billion in cash and stock

The deal would expand Teaneck, New Jersey-based Cognizant's footprint in the aerospace, defense, space and automotive sectors

Defence manufacturer MTAR Technologies shares sink 16%; here's why

On Tuesday, the company posted its Q4FY24 results. Revenue from operations surged 21.1 per cent year on year and stood at Rs 143.0 crore in Q4FY24 as against Rs 118.4 crore

As India orders more planes, aerospace firms ask govt for a helping hand

Indian aerospace manufacturers are eyeing a boost in orders from local airlines, aiming to strengthen ties with international giants like Airbus and Boeing

GE Aerospace to invest Rs 240 cr to upgrade Pune manufacturing facility

GE Aerospace on Thursday announced its plans to invest over Rs 240 crore (around USD 30 million) to upgrade its manufacturing facility in Pune. The investment will be used to add new projects and manufacturing processes in the facility by acquiring machines/equipment and specialised tools along with capacity enhancement of existing products, the company said in a statement. Inaugurated in 2015, the Pune facility produces components for commercial jet engines. "This investment helps us to continue our growth in aerospace in India, giving us the resources we need to meet increasing customers' demand," said Amol Nagar, managing director for GE Aerospace's Pune facility. The components produced at the plant are supplied to GE's global factories where they are used to assemble G90, GEnx, GE 9X commercial jet engines, and the LEAP engines by CFM, which is a GE and Safran joint venture, according to the statement. The facility has been instrumental in developing local aerospace manufactu

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

IAI enhancing commitment to Make in India in defence: CEO Boaz Levy

IAI president and chief executive officer (CEO) Boaz Levy and IAI Air and Missile Defence Division vice-president & general manager Dror Bar speak about their strategy for India

Bridging borders: Israel partners with India to shape future technology

The government-owned IAI specializes in providing state-of-the-art systems for air, ground, sea, space, and cyberspace applications

Cross connection: Starlink's India signal may take longer to connect

A satellite mega-constellation called Starlink G60 is being built in Shanghai by state owned Chinese firms

Analysts remain selective on space-related stocks as govt eases FDI norms

Valuations wise, most are trading at price to equity multiples of 50-100 times on a 12-month trailing basis, data from BSE shows. Apollo Micro Systems, for instance, commands a PE of 152 times

Won't be long before Boeing makes aircraft in India, says PM Modi

Modi stressed the need to build an aircraft manufacturing ecosystem in India as he highlighted the potential of India's strong network of MSMEs, huge talent pool, and stable government in India

Mahindra Aerostructures to supply 5,000 varieties of components to Airbus

Mahindra Aerostructures will supply close to 5,000 varieties of metallic components to Airbus in Germany, under a new manufacturing and supply contract with the European aviation major, the company said on Wednesday. The latest award from Airbus Aerostructures GmbH covers all Airbus commercial aircraft models, including A320 family aircraft, Mahindra Aerostructures Pvt Ltd (MASPL) said in the statement. The contract adds to existing MASPL programs to deliver parts directly to Airbus at their facilities in Toulouse, France, it said. "With this new contract we further expand our relationship (with Airbus Aerostructures Gmbh) and increase our participation in the 'Make In India' initiative of the Indian government. We look forward to delivering on our commitments and continuing this journey of collaborative growth," said Vinod Sahay, President, Aerospace & Defence & CPO, Auto & Farm Sectors, Mahindra & Mahindra Ltd. The Bengaluru-based MASPL has been a direct supplier to .

Jyoti CNC makes decent debut; extends gains with 29% surge over issue price

Till 12:11 am, the stock touched a high of Rs 426 on the BSE

DGCA suspends Anil Gill; Scindia says 'zero tolerance to malpractices'

It has been alleged that Anil Gill, as Director of the Flying and Training Division at the DGCA, misused his authority to obtain three aircraft as bribes from flying schools

Rolls-Royce successfully powers up UltraFan technology demonstrator

The initial stage of the test was conducted using 100 per cent Sustainable Aviation Fuel