Daily Archives: August 31, 2026

News

Achilles Shield: Israel-Greece Sign Historic €3 Billion Multi-Layered Air Defence Agreement

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Israel-Greece Achilles Shield Missile Defence Agreement: The landscape of international defence and regional security has shifted significantly following a major agreement between Israel and Greece. Known as the “Achilles Shield” program, this approximately €3 billion government-to-government agreement represents the largest defense export deal in the history of Israel-Greece relations and stands as one of the largest in the history of the State of Israel.

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News

Mahindra Aerostructures Expands Global Aerospace Role with New Airbus Manufacturing Contract

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Mahindra-Airbus Contract for A320Neo and A321XLR Fuselase Skin: Mahindra Aerostructures Private Limited has been awarded a contract by Airbus to manufacture and supply fuselage skins for the A320 family of aircraft. The agreement deepens the existing industrial relationship between the two companies and expands India’s participation in the global aerospace manufacturing sector.

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News

Tata Advanced Systems and Javelin Joint Venture Sign Deal for Missile Co-Production in India

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Tata Javelin Joint Venture: Tata Advanced Systems Limited has signed a memorandum of understanding with the Javelin Joint Venture, a partnership between US defense firms Raytheon and Lockheed Martin, to co-produce the Javelin All Up Round missile system in India. The agreement marks a significant development in industrial defense collaboration between the United States and India, focusing on local manufacturing, supply chain integration, and regional security.

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Indian Cos.

Avantel Secures Major DRDO Contract as Indian Private Sector Eyes ISRO Rockets

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Indian defence technology company Avantel Limited has secured a landmark ₹117.88 crore order from the Defence Research and Development Organisation (DRDO) to build a domestic voice and data ground hub. The newly awarded contract tasks Avantel Limited with the comprehensive design, development, installation and commissioning of a dedicated Ground Segment Hub. This critical platform will serve as a secure core infrastructure for national defence voice and data communications. Slated for completion by February 2029, the agreement highlights the government’s unwavering commitment to building indigenous, highly resilient defence architecture through specialised domestic technology partners.

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