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IAF clears Astra Missile production for DRDO and BDL
The Defence Acquisition Council approved the over Rs 29 billion project in 2022-23, with production clearance now granted after all tests and developments were completed.Read more
InsideFPV and Israeli UAV Dynamix sign MoU to supply 10,000 drones
InsideFPV recently achieved a milestone by registering a flight time of 141 minutes on a single charge, aiming to break the Guinness World Record.Read more
Metalogic PMS holds conference on steel & metals for India's defence sector
The country's defence sector has shown impressive progress, with annual domestic defence production reaching nearly Rs 1.27 trillion in FY24, a 16.7% rise from Rs 1.09 trillion in the previous fiscal year. Read more
Kalyani Strategic Systems acquires license for defence manufacturing
KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more
MoD and NSE ink agreement to push MSMEs and developing firms in defence sector
The Memorandum of Understanding (MoU) is designed to facilitate capital market access for MSMEs in the defence sector. Read more
Tembo Global integrates two divisions to streamline operations
Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more
DDP launches 5th positive indigenisation list of 346 defence items
DPSUs such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) will lead the indigenisation of these items through various routes, including the 'Make' procedure and in-house development, involving industry players and MSMEs.Read more
India's counter-drone market to expand 28% annually in five years; report
The surge in the drone market is driven by the increasing need for systems to counter aerial threats. Read more
BEL wins €25.75 million order from TRDS for TR module production
It also announced additional orders valued at Rs 1.92 billion for communication equipment, encryptors, spares, and services for radars and fire control systems, bringing its total orders for the current financial year to Rs 52.25 billion.Read more
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. Read more