Diehl Defence BAAINBw Ammunition Order: Coblenz, Germany – July 11, 2024: Diehl Defence, a leading German defence contractor, has secured a landmark agreement with the German Armed Forces for the production and delivery of 155mm artillery projectiles. This marks the largest ever ammunition order for Diehl Defence, solidifying their position as a key supplier for the German military and its allies.

Indian Air Force Exercise Pitch Black 2024: The Indian Air Force (IAF) has deployed a contingent to Darwin, Australia, to participate in Exercise Pitch Black 2024, the largest iteration of the multinational drill in its 43-year history. The biennial exercise, hosted by the Royal Australian Air Force (RAAF), will be held from July 12 to August 2 and will see the participation of 20 countries, over 140 aircraft, and 4,400 military personnel.

India DRDO’s Supersonic Missile-Assisted Release of Torpedo (SMART): The Defence Research and Development Organisation (DRDO) successfully flight-tested a new missile system designed to revolutionize the Indian Navy’s anti-submarine warfare capabilities. The Supersonic Missile-Assisted Release of Torpedo (SMART) system was launched from a ground-based mobile launcher off the coast of Odisha on Wednesday (May 1, 2024).

Kelly Horan Succeeds Kim Kinsley at IAE International Aero Engines: EAST HARTFORD, Conn. (June 13, 2024) – IAE International Aero Engines AG (IAE), a multinational consortium comprised of shareholders including RTX’s Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation, and MTU Aero Engines AG, has announced the appointment of Kelly Horan as its new president. Horan succeeds Kim Kinsley, who held the position since June 2023.

HAL to supply 156 LCH Prachand Combat Helicopters: India’s quest for self-reliance in defense manufacturing takes a significant leap forward with the Ministry of Defence (MoD) issuing a Request for Proposal (RFP) to Hindustan Aeronautics Limited (HAL) for a staggering 156 Light Combat Helicopters (LCH) christened “Prachand.” This large-scale order marks the culmination of a long-standing program aimed at developing a potent attack helicopter specifically designed for the nation’s demanding high-altitude borders.

DRDO awards 7 new projects to Indian startups: India’s Defense Research and Development Organisation (DRDO) has awarded seven new defence projects to private Indian companies, with a particular focus on nurturing micro, small, and medium enterprises (MSMEs) and startups. These projects have been awarded to Indian defence startups spread across the country, from Delhi-NCR to Maharashtra to southern state of Kerala and Tamil Nadu. These startups are active in defence engineering and innovation and the seven projects have been awarded by the DRDO under the Defence Ministry’s Technology Development Fund (TDF).

S&P Global Ratings upgrades Rafael Advanced Defense Systems credit rating: Israel’s Rafael Advanced Defense Systems Ltd. (Rafael) announced a credit rating upgrade to ‘A’ from S&P Global Ratings, with a stable outlook. This upgrade reflects Rafael’s robust financial health, growing order backlog, and leading position in the defense industry.