Leonardo Debt refinancing: Rome, March 10, 2026: Leonardo S.p.A. has signed a €600 million ESG-linked Term Loan with a consortium of international and domestic banks, refinancing a portion of debt that matured in January 2026. The loan, which carries a five-year tenor with final maturity in 2031, includes a two-year grace period and proportional repayments starting in the third year.
SMPP Wins Order for 10,000 Bulletproof Jackets for Paramilitary Forces: New Delhi — Indian defence manufacturer SMPP Limited has secured an additional order to supply 10,000 bulletproof jackets (BPJs) to India’s paramilitary forces, strengthening the company’s role as a major domestic supplier of advanced ballistic protection systems.
DRDO-Indian Navy’s ADC-150 Air Droppable Container Tested from P-8I Aircraft: Off the Coast of Goa — In a significant boost to India’s maritime logistics and emergency response capabilities, the Defence Research and Development Organisation (DRDO) and the Indian Navy have successfully conducted a series of in-flight release trials of the indigenous Air Droppable Container ‘ADC-150’ from a Boeing P-8I Poseidon maritime patrol aircraft.
