Page 17 - Defence Firms
Defence manufacturers' stocks surge as Centre hikes FDI limit to 74%
Hindustan Aeronautics, BEML, Bharat Dynamics and Bharat Electronics among the state-owned companies shares have rallied by up to 10% on the BSE in early morning trade.
 "Defence manufacturers' stocks surge as Centre hikes FDI limit to 74%")
UP to host meeting with top global defence manufacturing companies in March
State had signed MoUs worth Rs 50,000 crore at DefExpo 2020
 "UP to host meeting with top global defence manufacturing companies in March")
Domestic firms eye defence sector with focus on import substitution
The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018
We must work today to develop technologies of tomorrow: DRDO chief
In the 'Make in India' programme, the role of DRDO is to support industry with technologies that are, as far as possible, developed within the country, says DRDO chief G S Reddy
 "We must work today to develop technologies of tomorrow: DRDO chief")
Saudi to evaluate Kalyani group's artillery guns Bharat 52, Garuda V2
It has been learnt that the two types of gun systems - both designed and developed by Kalyani Group - are being sent later this year to Saudi Arabia for trial evaluation
 "Saudi to evaluate Kalyani group's artillery guns Bharat 52, Garuda V2")
Make in India, for India, for world: PM to defence manufacturers at DefExpo
PM trots out defence production sector reforms since 2014, which are aimed at making India a global 'defence manufacturing hub'
 "Make in India, for India, for world: PM to defence manufacturers at DefExpo")
Lohia Group invests Rs 100 cr in aerospace and defence plant in Kanpur
Commercial production expected to start in March 2020
 "Lohia Group invests Rs 100 cr in aerospace and defence plant in Kanpur")
Industrial security pact represents historic progression: Lockheed VP
Industrial security pact represents historic progression between India, US: Lockheed VP Vivek Lall
DEFCOM 2019: Seminar showcases tactical intelligence, surveillance systems
The tactical solutions, which can withstand sub-zero temperatures, can also be deployed for a variety of functions, including in high altitude terrains and emergency rapid response
 "DEFCOM 2019: Seminar showcases tactical intelligence, surveillance systems")
Beijing Xiangshan Forum: Restructuring of Asian security order?
The 9th Beijing Xiangshan Forum (BXF) was held jointly by the China Association for Military Science (CAMS) and China Institute for International Strategic Studies (CIISS) last week
 "Beijing Xiangshan Forum: Restructuring of Asian security order?")
Key panel to review defence procurement policy, ensure faster acquisitions
The Defence Procurement Procedure 2016 (DPP) is due for revision. Officials said the panel will recommend measures to remove procedural bottlenecks and hasten defence acquisition
 "Key panel to review defence procurement policy, ensure faster acquisitions")
Defence industry got just $2.18 mn as foreign investment in FY 19: Govt
In 2014-15, 2015-16, and 2017-18, the sector attracted FDI worth $0.08 million, $0.10 million and $0.01 million, respectively, according to data given by Minister Piyush Goyal
Pvt defence firms lament entry of DPSUs into strategic partnership tenders
On April 26, HAL submitted two responses to the Navy's EoI issued to industry for building 111 Naval Utility Helicopters for an estimated Rs 21,738 crore
 "Pvt defence firms lament entry of DPSUs into strategic partnership tenders")