Defence News
Defence Industry
Changwon, South Korea – April 26, 2024 – Hanwha Aerospace, a leading South Korean defense company, has further solidified its partnership with Poland by signing a second executive contract worth $1.6 billion. This agreement marks a significant step towards strengthening Poland’s national security and highlights Hanwha’s growing role in the global defense market.
Air Marshal Nagesh Kapoor assumed the appointment of Air Officer Commanding-in-Chief (AOC-in-C) Training Command (TC) of the world’s fourth largest air force, the Indian Air Force, on Wednesday (01 May 2024). Air Marshal N Kapoor was commissioned into the Fighter stream of the Indian Air Force on 06 December 1986. He is an alumnus of the National Defence Academy, Defence Services Staff College and National Defence College. A Qualified Flying Instructor and a Fighter Combat Leader, he has more than 3400 hours of flying experience.
Indian Navy Vice Admiral Krishna Swaminathan: Vice Admiral Krishna Swaminathan, a distinguished officer with over 35 years of experience, officially assumed the position of Vice Chief of Naval Staff on Wednesday (May 1, 2024). A specialist in Communication and Electronic Warfare, Admiral Swaminathan has a decorated career marked by numerous leadership roles and prestigious awards, said the MoD.
Air Marshal Nagesh Kapoor assumed the appointment of Air Officer Commanding-in-Chief (AOC-in-C) Training Command (TC) of the world’s fourth largest air force, the Indian Air Force, on Wednesday (01 May 2024). Air Marshal N Kapoor was commissioned into the Fighter stream of the Indian Air Force on 06 December 1986. He is an alumnus of the National Defence Academy, Defence Services Staff College and National Defence College. A Qualified Flying Instructor and a Fighter Combat Leader, he has more than 3400 hours of flying experience.
LCA Tejas Mk1A contract: India is in the process of acquiring 97 domestically produced fighter jets, known as Light Combat Aircraft Mk-1A (LCA Mk-1A), to strengthen the Indian Air Force (IAF) amid a shortage of fighter squadrons. The new fighter jets are estimated to cost around $9.2 billion (₹67,000 crore).
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.
Elbit Systems’ Red Sky Air Defense System: Elbit Systems, a leading Israeli defense technology company, has been awarded a $50 million contract for its innovative air defense system, “Red Sky.” This Tactical Very Short-range Air Defense (VSHORAD) system is designed to specifically counter low-altitude aerial threats, offering a comprehensive solution for border and strategic asset defense. The Red Sky system incorporates both electronic warfare (EW) and hard-kill defense capabilities, providing a multi-layered approach to aerial threat neutralization.
