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.

Rheinmetall-Anduril to build Europe’s most advanced C-UAS: In a move to combat the growing threat of drone warfare, German defense company Rheinmetall and American defense technology firm Anduril Industries announced a partnership at the Eurosatory trade show. Their goal: to develop the most sophisticated Counter-Unmanned Aerial System (C-sUAS) defense system specifically for European militaries.

India DRDO’s Supersonic Missile-Assisted Release of Torpedo (SMART): The Defence Research and Development Organisation (DRDO) successfully flight-tested a new missile system designed to revolutionize the Indian Navy’s anti-submarine warfare capabilities. The Supersonic Missile-Assisted Release of Torpedo (SMART) system was launched from a ground-based mobile launcher off the coast of Odisha on Wednesday (May 1, 2024).

Kelly Horan Succeeds Kim Kinsley at IAE International Aero Engines: EAST HARTFORD, Conn. (June 13, 2024) – IAE International Aero Engines AG (IAE), a multinational consortium comprised of shareholders including RTX’s Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation, and MTU Aero Engines AG, has announced the appointment of Kelly Horan as its new president. Horan succeeds Kim Kinsley, who held the position since June 2023.

HAL to supply 156 LCH Prachand Combat Helicopters: India’s quest for self-reliance in defense manufacturing takes a significant leap forward with the Ministry of Defence (MoD) issuing a Request for Proposal (RFP) to Hindustan Aeronautics Limited (HAL) for a staggering 156 Light Combat Helicopters (LCH) christened “Prachand.” This large-scale order marks the culmination of a long-standing program aimed at developing a potent attack helicopter specifically designed for the nation’s demanding high-altitude borders.

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.

Bundeswehr awards record €8.5 billion ammunition order to Rheinmetall: In a landmark deal, German defense company Rheinmetall has secured the largest order in its history – a $9.6 billon (€8.5 billion) framework contract to supply the Bundeswehr (German Armed Forces) with 155mm artillery ammunition. Signed on June 20th, 2024, the agreement significantly expands upon an existing framework and aims to replenish ammunition stocks for Germany, its allies, and Ukraine’s ongoing defense efforts.