Browsing: Indian Cos.

L&T begins delivery of last K-9 Vajra-T guns to Indian Army

India’s defence and engineering major Larsen & Toubro Tuesday delivered the 81st K-9 Vajra-T howitzer gun to the Indian Army. With this delivery, L&T Defence is on track to deliver all 100 guns within the delivery schedule of 42 months as permitted under the relaxed criteria following the outbreak of Covid-19 global pandemic that hit the defence industry like any other sector of the economy.

Indian Navy cancels Reliance Naval’s Rs 2,500 crore offshore patrol vessel contract: Report

The contract to build five warships for the Indian Navy was signed with the company in 2011, much before the Reliance Group took over the Gujarat-based shipyard from its erstwhile owner Nikhil Gandhi. Anil Ambani led Reliance ADAG Group took over Pipavav Defence And Offshore Engineering Ltd in 2015 and later renamed the entity as Reliance Naval and Engineering Ltd (RNEL).

Alpha Design Technologies wins Rs 591 crore contract for missile, radar upgrade

The upgradation will have large number of Indigenously developed equipment, such as Radar Transmitter, Thermal Imager-based Electro Optical System, communication equipment, upgradation of drive chain, Control Cabin, Shelters, Cables, etc., The upgradation project is in the true spirit of ‘Atmanirbhar Bharat’ mission of the Ministry of Defence towards making the concept of ‘Make in India’ a success.

OshoCorp supplies CBN protective kits to BEL

Delhi-based defence and security solutions provider OshoCorp Global Pvt Ltd has successfully completed one of its largest supply orders of Chemical, Biological, Radiological and Nuclear (CBRN) Individual Protection Equipments (IPE) sets to Defence PSU Bharat Electronics Limited (BEL) during the ongoing Covid-19 period.

$13.62 billion business opportunity for Hyderabad defence industry: DRDO Chief

Defence News: With the Modi government’s decision to ban import of 101 weapons, which will be followed by another negative import list soon, the defence and aerospace sector in the country is set to benefit immensely.  According to DRDO chief G Satheesh Reddy, the defence and aerospace industries based in Hyderabad region are set to get business opportunities worth $13.62 billion (INR 1 lakh crore) in the next couple of years.