The rise in DCX Systems share price came after the company announced that its wholly owned subsidiary, Raneal Advanced Systems, has received export orders from Lockheed Martin Global
Under Ratan Tata's leadership, the Tata Group invested heavily in the country's defence production sector and entered into JVs with global arms giants like Boeing and Lockheed Martin
Local partners like the Tata Group and AIESL are also involved in setting up these domestic MRO projects, while changes in taxation policy are expected to give the ecosystem a fillip
Lockheed Martin and Tata Advanced Systems announced a partnership to advance the C-130J Super Hercules project in India. The announcement comes days after Defence Minister Rajnath Singh's US visit
Prime Minister Narendra Modi has met defence major Lockheed Martin's CEO Jim Taiclet and lauded its commitment to "Make in India, Make for World". The meeting took place on Thursday. "CEO of @LockheedMartin, Jim Taiclet met Prime Minister @narendramodi. Lockheed Martin is a key partner in India-US Aerospace and Defence Industrial cooperation. We welcome its commitment towards realising the vision of 'Make in India, Make for the World'," the Prime Minister's Office (PMO) said in a post on X. Sharing pictures of the meeting on X, Lockheed Martin in a post said, "CEO Jim Taiclet joined Hon'ble @narendramodi. As a trusted partner of over three decades, we recognize the promising talent and capabilities of the local industry and remain committed to strengthening the defense and industrial ties between our two nations.
Two people were killed aboard a vintage plane that crashed and burst into flames near a Southern California airfield during a weekend Father's Day event hosted by an air museum, authorities said Sunday. The Federal Aviation Administration said the twin-engine Lockheed 12A crashed shortly after 12:30 pm Saturday, just west of Chino Airport in San Bernardino County. Firefighters doused the flames within 10 minutes before finding the two people dead inside, said Chino Valley Fire District Battalion Chief Bryan Turner. The victims' names were not released as of Sunday afternoon. Turner described the aircraft as older and historical. The plane belonged to the Yanks Air Museum, the Southern California News Group reported. At this time we are working with local authorities and the FAA. Yanks Air Museum will be closed until further notice as our family deals with this tragedy, and we appreciate your patience and respect for our privacy as we navigate through this difficult time, the air ..
The jets are equipped with advanced sensors and other gear, and nearly impossible to track with radar
The mission, key to proving that Boeing can transport humans safely to space, aims to travel to the International Space Station and back
The ongoing war in Ukraine has prompted restocking arms and ammunition such as shoulder-fired missiles, artillery and other weaponry, providing U.S. defense companies with lucrative Pentagon contracts
TLMAL empennages are included in C-130Js operated by seven nations, including India
The advanced jet is Lockheed's largest program, after having generated 27% of total consolidated net sales and 66% of aeronautics' net sales in 2022
Global companies that found mention in the list were Nvidia, SpaceX, OpenAI, Crocs, Taco Bell, BYD, LVMH, and Lockheed Martin
Washington contended that the balloon was spying and shot it down, while China claims it was a civilian airship collecting weather data that went off course
Lockheed Martin has announced intention to transfer F-16 line to India, if the company were declared winner of IAF tender
Twitter's move to sell its blue check badge for $8 made aerospace company Lockheed Martin and pharma giant Eli Lilly & Co fall prey to impersonators. What is blue check? How did it come into being?
Bommai said the company has been functioning in Bengaluru for the last 25 years and adopted modern technology in supply networks for small units to major industries
Enabling connectivity in semi-urban and rural areas is one of the key applications that Garuda plans to launch through this partnership
The Russian invasion offers the US and European defence industry a big opportunity to bolster profits as lawmakers from Washington to Warsaw are primed to increase defence spending
Moto Sato, NEC Laboratories America, said, "We need to build the AI in much higher security robustness and also feel the comfort that AI provides"
Canada is planning to buy 88 new fighter jets to replace its CF-18s.