Page 2 - Arms Industry
L&T, UAV maker ideaForge sign pact for unmanned defence systems
Infrastructure giant Larsen & Toubro (L&T) on Friday said it has entered into a pact with ideaForge, domestic unmanned aerial vehicles manufacturer, to offer drones and allied systems for defence use. "L&T and ideaForge...have entered (into) an MoU (memorandum of understanding) to offer drones and allied systems for defence use," the company said in a filing to the BSE. Both companies will combine their strengths to offer hi-tech integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones. "The MoU involves collaboration on technology, products, deployment and go-to-market strategies," it said. It will unlock the full potential of unmanned systems in security, surveillance and protection solutions. With the ever-increasing adoption of drone technology, the partnership will redefine the landscape of unmanned systems. "We are teaming as partners of choice to ...
 "L&T, UAV maker ideaForge sign pact for unmanned defence systems")
Kalyani Group, Bulgaria's Arsenal sign MoU to manufacture small arms
KSSL is the defence arm of Pune-based Kalyani group and Arsenal is a joint stock company from Bulgaria
 "Kalyani Group, Bulgaria's Arsenal sign MoU to manufacture small arms")
Arms (Amendment) Bill passed: Life term for manufacturing illegal arms
The bill was approved by Lok Sabha on Monday
 "Arms (Amendment) Bill passed: Life term for manufacturing illegal arms")
Arms race has 'well and truly recovered': French Defence Minister Parly
According to the French minister, the areas of conflict are multiplying
 "Arms race has 'well and truly recovered': French Defence Minister Parly")
2017 was a banner year for the arms industry
Half of Pentagon spending goes to contractors, the military budget is set to skyrocket, and the Trump administration is peddling arms all over the world
 "2017 was a banner year for the arms industry")