Page 13 - Defence Firms

China sanctions 5 US defence cos in response to arms sales to Taiwan

China announced sanctions Sunday on five American defence-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals. The sanctions will freeze any property the companies have in China and prohibit organisations and individuals in China from doing business with them, the Foreign Ministry said in a statement posted online. The companies are BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions. The Foreign Ministry said the U.S. moves harmed China's sovereignty and security interests, undermined peace and stability across the Taiwan Strait, and violated the rights and interests of Chinese companies and individuals. The Chinese government remains unwavering in our resolve to safeguard national sovereignty, security and territorial integrity and protect the lawful rights and interests of Chinese companies and citizens, the ministry statement said. China regards Taiwan, a ...

Defence ministry signs Rs 802 crore contract for military wagons, equipment

The contracts include 697 bogie open military wagons from Jupiter Wagons Limited, and 56 mechanical minefield marking equipment from BEML Ltd

Russia to deploy newest howitzers close to borders of Finland and Norway

Earlier in December, Russia's TASS state news agency reported that single Coalition-SV howitzers had already been deployed to the frontline in Ukraine

Defence ministry approves Rs 2,800 crore rockets for Pinaka weapon system

The Defence Ministry's Defence Acquisition Council's recent meeting had cleared the proposal for the acquisition of two types of these rockets, known as Area Denial Munition Type 2 and Type-3

Airbus to expand Tata tie-up to strengthen India's defence supply chain

The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet

Defence shares in focus; HAL hits new high, BDL, Mazagon Dock gain up to 4%

According to reports India is set to give preliminary approval to three mega indigenous projects worth Rs 1.4 trillion.

Govt policy tailwinds to drive 15% CAGR in India's defence production

The government's ongoing policy push for import substitution and exports is a big propellent, driving the 15 per cent CAGR in India's defence production turnover

Occupation hazards

Indefinite control of Gaza will not bring peace

India-Nepal border guarding forces' talks to begin in Delhi tomorrow

Border guarding forces of India and Nepal will hold a three-day bilateral meeting here from Monday and discuss measures to curb trans-frontier crimes and timely sharing of intelligence inputs, an official said. The seventh edition of the annual coordination talks between the two countries is led by India's Sashastra Seema Bal (SSB) director general Rashmi Shukla and the visiting inspector general of the Armed Police Force (APF) of Nepal, Raju Aryal. The meeting will be in Delhi from November 6 to 8, the official said on Sunday "The talks at the level of two heads of the forces serve as a crucial platform for both forces to engage in discussions on border-related matters," an official statement said. "The SSB and APF delegations aim to strengthen the coordination between the two border guarding forces for more effective management of the open and unfenced India-Nepal border," it said. The "focus" of the meeting shall be on the development of effective mechanisms to collaboratively

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data

Total defence exports over the last five years has now crossed Rs 52,000 crore

Rajnath Singh visits Safran's engine manufacturing facility near Paris

Defence Minister Rajnath Singh on Wednesday visited a jet engine manufacturing facility of French firm Safran near Paris and witnessed latest developments in aero-engine technology. Singh's visit to the facility at Gennevilliers assumed significance as Safran is looking at co-developing a fighter aircraft engine in India under a mega project. The defence minister is visiting France after concluding his trip to Italy. Singh also interacted with a group of CEOs of top French defence companies in Paris and highlighted to them the advantages of co-development and co-production of defence hardware in India that he said could be exported to third countries. The defence ministry said Singh visited the Safran Engine Division's R and D Centre at Gennevilliers near Paris and witnessed the latest developments in aero-engine technology. It said Olivier Andries, the Global CEO of Safran, welcomed the defence minister to the facility and, along with his team, gave a detailed briefing to ...

Govt announces positive indigenisation list to boost defence manufacturing

India on Wednesday announced a fresh list of 98 military hardware including complex systems, sensors, weapons and ammunition that will only be only be procured from domestic industry after a ban on their import kicks in under a staggered time-line. Defence Minister Rajnath Singh made the announcement about the fifth positive indigenisation list at the 'Swavlamban 2.0' seminar organised by the Indian Navy. The key items included in the list are futuristic infantry combat vehicle, remotely piloted airborne vehicles (up to 25 km range with payload of 2 kg for Army), shipborne unmanned aerial system, medium upgrade low endurance class tactical drone, next generation low-level light radar for Army and electro optic fire control system for naval platforms. The list also comprised armour plates for cabin nose section for Mi-17 helicopter, multifunction aviation ground equipment for Air Force, gravity rollers for Mi-17 V5 helicopter and flares of P-8I and MiG 29-K aircraft. The new "positi

Navy displays Dronaam counter-drone system at Swavalamban 2023 exhibition

Also, the Indian Navy's anti-swarm drone 30 mm ammunition is displayed at the Indian Navy's Swavalambam 2023 exhibition at Bharat Mandapam

Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore

Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry

Google Cloud partners with CERT-In to train govt officials in cybersecurity

The initiative includes training a 'cyber force' of 1,000 government officials in cyber defence best practices.

India now developing own defence production tech: Ex-defence secretary

Former defence secretary Ajay Kumar on Tuesday said India is now developing its own defence production technologies independent of foreign OEMs. He said earlier domestic companies mostly relied on licensed technology transfer from foreign OEMs (Original Equipment Manufacturer) for producing certain goods. "Foreign OEMs put a lot of restrictions on the production process, limiting the units manufactured and sold," he said. Maintaining that the best technology never came to India, Kumar said at most the second-best could be obtained at a higher cost. "However, we are now developing our own defence production technologies which can be altered and modified at our will," he said, while speaking at a session on 'Defence Innovation Ecosystem and Opportunities' organised by Bharat Chamber of Commerce here. Kumar said the world is transforming from a kinetic, contact-based warfare to a non-kinetic, non-contact-based warfare. The former defence secretary said emerging technologies need to

Garden Reach Shipbuilders rallies 33% in 2 days post June quarter results

The BSE has sought clarification from Garden Reach Shipbuilders & Engineers Ltd with reference to movement in volume

India, Italy to sign MoU in defence sector soon: Ambassador Vincenzo Luca

Italy's Ambassador to India Vincenzo De Luca has said the two countries would soon sign a bilateral pact in the defence sector to ramp up their military ties and maintained that Rome was working hard to contribute to the 'Make in India' programme. In a move to enhance navy-to-navy cooperation between the two countries, Italian Navy's warship ITS Morosini is on a port visit to Mumbai from August 10 to 13. Italian Navy officials will also meet the top brass of the Mumbai-headquartered Western Naval Command during this period. "We are working very hard to contribute to the programme of self-reliance, Make in India," Luca said on Thursday at a press conference here. He said that there are some specific technologies where Italy can add value to the Make in India programme, namely torpedo, helicopter, radar, electronic warfare and shipyard. Make in India is the Narendra Modi government's flagship programme that aspires to facilitate investment, foster innovation, enhance skill ...

Defence order wins, market share gains positive for Ashok Leyland

Muted sequential Q1 performance may cap near-term upsides

Zen Technologies surges 24% in 2 days after winning Rs 340 cr export order

Thus far in the current calendar year, the stock has skyrocketed 184 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.