Browsing: Indian Cos.

Nagastra Loitering Munition gives Indian Army massive offensive boost

EEL’s Nagastra Loitering Munitions: In a significant step towards self-reliance in defense technology, the Indian Army recently received its first batch of Nagastra loitering munitions. This delivery marks a crucial milestone in the nation’s efforts to equip its armed forces with cutting-edge, domestically produced weaponry. The Nagastra, developed by Solar Industries’ subsidiary Economics Explosives Limited (EEL), is a testament to India’s growing prowess in the field of unmanned aerial vehicles (UAVs).  This loitering munition, also known as a “suicide drone,” offers a potent offensive capability for the Indian Army, particularly in high-altitude border regions.

India’s Adani and UAE’s EDGE sign landmark defence deal

Adani-EDGE sign landmark defence cooperation agreement: Abu Dhabi, UAE / Ahmedabad, India – In a move that promises to reshape the landscape of defense technology, India’s Adani Group and UAE’s EDGE Group signed a landmark cooperation agreement on June 11, 2024. This collaboration marks a significant step forward for both companies and the defense industries of India and the UAE.

India’s steelmaker giant JSW Group forays into defence sector

JSW Defence and Aerospace: India’s steel maker giant JSW Group has entered into the country’s growing defence manufacturing space which has seen a large number of lucrative defence contracts awarded to private and state owned defence companies since the launch of ambitious self-reliant India programme (Atm Nirbhar Bharat) initiated by the Prime Minister Narendra Modi’s government in 2020 to reduce the country’s dependence on imports in critical sector, including defence sector.

India formally inducts Airbus C-295 MW transport aircraft in IAF fleet

Indian Air Force C-295 MW Aicraft: India’s defence minister Rajnath Singh Monday formally inducted a new medium transport aircraft manufactured by the European defence company Airbus Defence and Space into the service of Indian Air Force. This is first of the 56 Airbus C-295 MW aircraft on order by India. While 16 aircraft will be delivered to India in the flyaway condition, a joint consortium of Airbus and India’s Tata Group will manufacture remaining 40 C-295 MW aircraft in Vadodara in western state of Gujarat.

MoD clears first military drone testing centre in South India

India’s first military drone testing centre in Tamil Nadu: India’s ministry of defence has the country’s first ever testing centre for Unmanned Aerial Vehicle (UAVs) under the Defence Testing Infrastructure Scheme (DTIS) will be established on five acres of land at Vallam Vadagal in Kancheepuram district in southern state of Tamil Nadu. The Rs 50 crore ($6 million) facility was granted approval by the Ministry of Defence after a bid was submitted by Keltron-led consortium in collaboration with Tamil Nadu Industrial Development Corporation (TIDCO).

Israel’s Controp, India’s Paras Defence form JV company

Controp Precision Technologies, Paras Defence and Space form JV company: Israel based Controp has partnered with India’s Paras Defence and Space Technologies which is in the business of offering electro-optical and infra-red based solutions to defence customers. Paras is a publicly traded company in the National Stock Exchange (NSE) in Mumbai, India.

Pratt & Whitney opens India Engineering Center

Pratt & Whitney’s India Engineering Center: US aircraft engine manufacturer Pratt & Whitney Thursday officially opened its new India Engineering Center (IEC) in the country’s IT capital Bengaluru, located in the southern part of the country. The facility is co-located with Pratt & Whitney’s India Capabilities Center (ICC), which opened in 2022 to provide integrated global supply chain support, and the recently inaugurated Collins Aerospace engineering and global operations centers.

Indian Army inducts DRDO’s short span bridge system

DRDO Short Span Bridge: The first production lot of 12 Short Span Bridging System (SSBS)-10 meter, designed and developed by the Defence Research and Development Organisation (DRDO), has been inducted into the Indian Army by Army Chief General MM Naravane during a ceremony held at Cariappa Parade Ground in Delhi.

Mandate of Rheinmetall board members extended

Rheinmetall Executive Board: The supervisory board of the Düsseldorf-based technology group has extended the contract of executive board Chairman Armin Papperger by five years to 31 December 2026. “Rheinmetall AG remains under tried-and-tested leadership,” the German defence technology giant said on Thursday.

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.

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.

Make in India: Dedicated defence indigenisation portal SRIJAN launched

In its bid to make India truly self-reliant in defence production, Prime Minister Narendra Modi’s government Friday launched a dedicated defence production portal called Srijan (creation), as a single source for all the information related to defence equipment that can be taken under the government’s indigenisation drive under self-reliant India mission (Atma Nirbhar Bharat Abhiyan).