Bharat Electronics Ltd plans to replace all imported RF, microwave, and computing modules with local alternatives within five years. This strategic push to boost domestic manufacturing follows a strong June quarter where the company repo...
Read More
Chennai-based startup The ePlane Company has signed five strategic agreements at the Farnborough Airshow to source components for its e200X electric aircraft. These deals cover wiring, fasteners, avionics, composites, and interiors to su...
Read More
Zen Technologies has introduced a new man-portable anti-drone system designed for high-altitude terrain. This launch comes as the company works to recover from a recent quarterly performance dip where profit fell by nearly 28%.
Read More
India has secured new defense export agreements for BrahMos and Astra missiles with Indonesia, marking a significant step in the nation's push to become a global defense supplier. This growth is supported by recent indigenous technology...
Read More
India is strengthening its status as a global defence supplier through increased exports and indigenous technology development. Recent successes include major missile pacts and the launch of the private-sector Vikram-1 rocket. Investors...
Read More
Zen Technologies reported a 27.8% drop in net profit and a 10.5% decline in revenue for the first quarter of FY27. The company also extended the deadline for using QIP funds by two years to August 2028.
Read More
Ukrainian President Volodymyr Zelenskyy has initiated talks with Raytheon to potentially co-produce Patriot interceptor missiles locally. This move aims to strengthen Ukraine's air defense against ballistic missile attacks, though establ...
Read More
PTC Industries has received an order from Gun Factory Kanpur to develop and supply two critical artillery gun components within nine months. This project aligns with the company's focus on expanding its defense manufacturing capabilities...
Read More
Skyroot Aerospace has successfully launched its Vikram-1 rocket, marking a milestone for India's private space sector. Investors are now shifting focus toward the company's ability to achieve commercial scale, cost-effective reusability,...
Read More
Skyroot Aerospace CEO Pavan Kumar Chandana explained that a basic system reboot resolved a technical glitch during the company's recent maiden launch. This event represents a significant step for India's private space sector, as it invol...
Read More
Skyroot Aerospace has successfully launched its Vikram-1 rocket, marking the first time an Indian private firm has reached orbit. While this proves technical capability, the company now faces the challenge of building a profitable, cost-...
Read More
India’s DRDO has successfully test-fired the 'Kusha' long-range surface-to-air missile, a key component of the indigenous 'Mission Sudarshan Chakra' air defense network. This achievement aims to boost local manufacturing and reduce relia...
Read More
Parliament’s Public Accounts Committee has flagged the Ministry of Defence for failing to ensure foreign firms meet their mandatory investment obligations. These commitments require overseas manufacturers to reinvest 30% of contract valu...
Read More
The Defence Research and Development Organisation (DRDO) successfully test-fired the indigenous Kusha long-range surface-to-air missile with a 400km range. This milestone marks a major step toward reducing India’s dependence on imported...
Read More
India has introduced major tax cuts and policy changes to become a global center for aircraft Maintenance, Repair, and Overhaul (MRO) services. By lowering GST to 5% and extending customs duty exemptions, the government aims to reduce re...
Read More
Dassault Aviation shares jumped 10% after the company reported a 46% increase in first-half net sales to €4.2 billion. While recent performance is strong, investors are focusing on the ongoing negotiations for a 114-jet deal with the Ind...
Read More
Hindustan Aeronautics Limited is preparing for the first delivery of its Tejas Mk-1A aircraft by March 2027 following successful weapon trials. With an order book of over ₹2.45 lakh crore and improved engine supplies, the company aims to...
Read More
India is boosting its aircraft Maintenance, Repair, and Overhaul (MRO) sector by offering rent-free periods for new airport hangars and extending tax exemptions. These reforms aim to reduce dependence on foreign service providers and low...
Read More
InterGlobe Aviation, which runs IndiGo, has granted 1.13 lakh stock options to employees under its 2023 incentive scheme. The move aims to retain talent in a competitive aviation market. This decision comes as the airline's stock trades...
Read More
Hindustan Aeronautics Limited (HAL) expects to deliver the first batch of 16-18 Tejas Mk-1A fighter jets by March 2027 as supply chain hurdles clear. The state-run defense manufacturer is overcoming previous delays by securing critical e...
Read More