Defence Manufacturing Sector

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines

The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.

Adani Group, Bombardier explore partnership to boost Indian aviation sector

Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)

India's path to defence manufacturing hub passes through ammunition market

The report says "Indian ammunition is on a fast track to grow, driven by a combination of strategic initiatives and pressing security needs"

World in most violent phase since second world war: CDS Gen Anil Chauhan

Gen Anil Chauhan noted that the world is passing through an era of big global disruptions, ranging from technological to environmental, peace, security and other issues

Income tax rate cut, sops for PSUs: Brokerage expectations from budget 2024

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

Defence ministry notifies fifth indigenisation list of 346 items for DPSUs

Consisting of 346 defence items, it aims to boost atmanirbharta

FDI, R&D, manufacturing key to achieve $5 bn defence export: Study

The survey, conducted across 15 cities in India, saw participation from over 130 national and international arms, ammunition, and security equipment manufacturers, exporters, and startups

Defence ministry tightens control on exports, increases equipment oversight

Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country

UP govt eyes Rs 5K cr investments for defence manufacturing corridor

Developers will make modern provisions for energy conservation, waste management, firefighting, noise, water and air pollution

HAL, DRDO to begin Rs 60,000 crore Sukhoi fighter jet fleet upgrade

The project aims to enhance the aircraft's capabilities with new radars, mission control systems, electronic warfare capabilities, and integration of new weapon systems for the Indian Air Force

Indian Army plans Rs 57,000 cr project to replace ageing T-72 tank fleet

The Indian Army is set to issue a Request for Proposal for a project to produce 1,770 future ready combat vehicles to replace its existing fleet of T-72 tanks

Defence ministry signs Rs 2,269 cr deal with Bharat Electronics Limited

The project will generate employment of two and half lakh man-days over a period of four years with the participation of more than 155 industry partners, including MSMEs, the company said

Boeing's manufacturing under scrutiny: How did a jet end up with big hole?

The 'door plug' that blew off an Alaska Airlines plane most likely had manufacturing or installation flaws

IAF indigenised more than 60,000 components in last 2-3 yrs: VR Chaudhari

Air Chief Marshal VR Chaudhari has said the IAF has indigenised more than 60,000 components in the last two to three years. He also said the Air Force cannot rely on foreign OEMs (Original Equipment Manufacturers) for repair and overhaul maintenance activities and that it has to be done in-house. The IAF chief was speaking with reporters on the sidelines of a programme held in the Bhonsala Military School in Nagpur on Saturday. Queried on tracing the wreckage of a transport aircraft of Indian Air Force in the Bay of Bengal off the Chennai coast, the Air Chief Marshal said, "Unfortunately, it took so long but finally we at least got the technology to (explore) deep sea and locate such things in seabed". "We are grateful to the Ministry of Ocean and Earth Sciences for facilitating this and to be able to discover this wreckage. It brings closure to a long pending sad accident". The wreckage of an IAF transport aircraft has been located at a depth of around 3.4 km in the Bay of Bengal

Defence ministry signs Rs 802 crore contract for military wagons, equipment

The contracts include 697 bogie open military wagons from Jupiter Wagons Limited, and 56 mechanical minefield marking equipment from BEML Ltd

India's Akash missile engages four targets at once at 25km, a global first

India demonstrated the capability of the Akash missile system to engage four aerial targets simultaneously at a range of 25 kilometres, the Defence Research and Development Organisation (DRDO) said on Sunday. It said India became the first country to have such a capability using a single firing unit. "India became first country to demonstrate the capability of engagement of 04 aerial targets simultaneously at 25Km ranges by command guidance using single firing unit. The test was conducted by @IAF_MCC using Akash Weapon System," the DRDO said in a post on 'X'. It is learnt that the capability of the home-grown missile system was displayed at the 'Astrashakti' military exercise on December 12. The exercise was held by the Indian Air Force. The Akash, with a range of up to 25 km, is a short-range surface to air missile primarily used for protecting vulnerable areas and points from air attacks. The missile system is among the key platforms that India is exporting to friendly foreign

Ammunition manufacturing: MoD inks Rs 5,336 cr contract with BEL

The 10-year contract between the defence ministry and BEL has been signed for the procurement of electronic fuzes for Indian Army

Airbus to expand Tata tie-up to strengthen India's defence supply chain

The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet

DAC approves proposals worth Rs 7,800 cr to purchase defence equipment

The permission was accorded by the Defence Acquisition Council (DAC), the MoD's apex body for clearing capital purchases

Jindal Aluminium Limited receives AS9100D Aerospace Certification

The AS9100D Aerospace Certification is the benchmark for ensuring exceptional quality in aviation, space and defence manufacturing and supply chain processes