Page 12 - Defence Firms

France's Thales may buy parts of strategic assets of troubled Atos Defence

Thales, a defence group partially owned by the French state, has repeatedly said it is not interested in Atos' computing assets known as Big Data & Security (BDS)

India can't become developed nation without making products: Baba Kalyani

Bharat Forge CMD Baba Kalyani explains what the new government should focus on in its first 100 days of taking office to give Make in India in defence a fillip

DRDO develops country's lightest bulletproof jacket for level 6 threat

A unit of the Defence Research and Development Organisation (DRDO) has successfully developed the lightest bulletproof jacket in the country for protection against the highest threat level 6, an official statement said on Tuesday. This jacket is based on a new design approach where novel material along with new processes has been used, the statement issued by the Ministry of Defence said. "DRDO's Defence Materials and Stores Research and Development Establishment (DMSRDE), Kanpur has successfully developed the lightest bulletproof jacket in the country for protection against 7.62 x 54 R API (level 6 of BIS 17051) ammunition. Recently, this bulletproof jacket was successfully tested at TBRL, Chandigarh as per BIS 17051-2018," it said. The front hard armour panel (HAP) of this jacket "defeats multiple hits (six shots) of 7.62x54 R API (sniper rounds) in both ICW (in-conjunction with) and standalone design", the statement said. The ergonomically designed front HAP is made of a monoli

Nifty can hit 100,000; mid, smallcaps are a real pot of gold: Vikas Khemani

By 2035, India's market-cap can touch $18-20 trillion as compared to around $4 trillion right now, Vikas Khemani said in this interview.

Bharat Electronics hits new high on strong outlook; zooms 27% in 15 days

In past 15 trading days, the stock of state-owned defence company has surged 27 per cent and zoomed almost 70 per cent in the last six months.

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Large domestic order book, exports growth key drivers for defence stocks

India is world's second-largest importer of defence equipment with 9% of global arms imports

India's FY24 defence exports jump record 32.5%, touch Rs 21,083 crore

These figures indicate that the defence exports have grown by 31 times in the last decade

EU to discuss buying fewer weapons from foreign firms to boost own industry

Some member states, including Germany and France, are pushing for progress on a genuine capital markets union

IAI enhancing commitment to Make in India in defence: CEO Boaz Levy

IAI president and chief executive officer (CEO) Boaz Levy and IAI Air and Missile Defence Division vice-president & general manager Dror Bar speak about their strategy for India

Tejas Mark-1A fighter aircraft completes first flight in Bengaluru

The Mark-1A has four or five major changes over the Mark-1 fighter. These includes an active electronic scanned array (AESA) radar, a combined interrogator and transponder

Defence PSU BEL bags Rs 1,940 crore contract for advanced EW systems

As part of the deal, BEL will supply 14 "cutting edge" domestically manufactured Electronic Warfare (EW) sensors and systems to L&T

Govt inks deal with AVNL for 693 armament upgrades for combat vehicle BMP2

The Ministry of Defence on Wednesday signed a contract with Armoured Vehicles Nigam Limited (AVNL) for procurement of 693 armament upgrades of infantry combat vehicle BMP2, according to an official statement "This upgrade includes night enablement, gunner main sight, commander panoramic sight and fire control system (FCS) with automatic target tracker under Buy (Indian-Indigenously Designed Developed and Manufactured) Category," the statement said. The AVNL has developed an "indigenised solution for providing existing BMP 2/2K with night fighting capabilities and FCS based on the integration of Defence Research and Development Organisation (DRDO) and Bharat Electronics Limited (BEL), Chennai-developed sight and FCS," it said. The ministry signed the contract with AVNL "for the procurement of 693 Armament Upgrades of Infantry Combat Vehicle BMP2 to BMP2M". The AVNL will produce the "armament upgrades with equipment and sub-systems sourced from indigenous manufacturers", the ministry

World Civil Defence Day 2024: All you need to know about civil defence

World Civil Defence Day, inter alia, promotes joint effort and participation among countries to reinforce resilience and reaction capacities in the face of developing dangers and challenges

DRDO hands over 23 licensing agreements for transfer of technologies

Premier defence research organisation DRDO on Sunday handed over 23 licensing agreements to several defence producers facilitating transfer of critical technologies to manufacture a range of military equipment in the domains of armaments, naval systems and aeronautics, among others. The agreements were handed over at the 'MSME Defence Expo' that was organised by the Defence Research and Development Organisation (DRDO) in Pune. The technologies being transferred by the DRDO to the defence producers would cover the domains of electronics, laser systems, armaments, life sciences, combat vehicles, naval systems and aeronautics, the defence ministry said. These technologies would facilitate manufacturing of a series of military equipment including brakes for Light Combat Aircraft Tejas, 100-metre infantry foot bridge (floating), 40 mm high explosive anti-personnel (HEAP) grenade and high pressure water mist fire suppression system (HPWMFSS), officials said. "The products based on these

India key ally, will boost connectivity, says Greek PM Mitsotakis

Migration and mobility pact to be finalised soon; working group on defence and security to be set up

Pinaka launchers to missiles, Pune adds to defence industry lineup

Nibe has grown quickly and is seeking a leadership role in organising micro, small and medium enterprises (MSMEs) in the industrial zones around Pune

Defence preparedness

Govt will have to find more resources

Interim Budget: Govt earmarks Rs 1 trn corpus for R&D in sunrise sectors

"For our tech-savvy youth, this will be a golden era," Sitharaman said

MRPL earns certification from IAQG for distribution of aviation fuel

The Mangalore Refinery and Petrochemicals Limited (MRPL) has been certified with AS9100:D standard prepared by International Aerospace Quality Group (IAQG) to assure customer satisfaction in aviation, space, and defence organisations under the scope of 'production, storage, testing and distribution of aviation turbine fuel.' MRPL is India's first refinery to get this new aerospace standard. The aerospace industry demands the utmost precision, reliability, and safety in its supply chain. As a certified organisation, MRPL is now well-positioned to serve as a trusted partner to aerospace companies within India and globally, a release from the MRPL said on Wednesday. The standard ensures the interaction and configuration of various processes, from sourcing raw materials to the final product certification. The certification process involves a stage audit of the entire life cycle of ATF, involving production criticalities like the addition of qualified additives and catalysts, ...