The delivery of these aircraft would commence during 2027-28 and be completed over a period of six years
The collaboration aims to leverage L&T's expertise in strategic defence and aerospace platforms with BEL's experience in defence electronics and systems to support the AMCA programme
Tata Advanced Systems has set up a new plant in Morocco to produce the DRDO-TASL developed WhAP 8x8, a modern armoured vehicle built for mobility, protection and versatile missions
The strong growth momentum comes on the back of a significant policy push by the government, which has been drawing sizeable private investments for the sector
The minister noted that the people in the region themselves have been expressing a desire for freedom from the current administration
Kalyani Group's defence head Rajinder Singh Bhatia highlighted the need for scaling startups, embracing civilian tech for defence, and shortening acquisition cycles
The brokerage has assigned an 'Add' rating to HAL and BEL, with target prices of ₹6,325 and ₹459, respectively, while Bharat Dynamics, Astra Microwave, and Data Patterns remain 'Not Rated.'
Shares of Apollo Micro Systems hit a new high of ₹341.05, soaring 6 per cent on the BSE in Monday's intra-day trade.
Paras Defence, Midhani were seen trading above the super trend line hurdle on the daily chart, thus implying a likely positive trend going ahead.
Drone costs can range from just a few hundred to several thousand dollars, and their price tag is rapidly depreciating as innovation and mass production pick up
At 10:32 AM; Nifty India Defence index was up 2.6 per cent, as compared to 0.28 per cent rise in Nifty 50.
In its place appears to be a posture of punitive deterrence: A move from restraint-based reactivity to imposing costs and deterring future provocations
The CEO of Rheinmetall, which aims to fill gaps through acquisitions, said earlier this month that the company was in talks with partners about investing in the naval business
Thus far in the month of August, the stock price of the smallcap aerospace & defence company has rallied 35%, surpassed its previous high of ₹221.40
Centum Electronics shares hit a record high after it signed an MoU with BEL for strategic collaboration in defence electronics
HAL posted a 4.11 per cent year-on-year (Y-o-Y) decline in net profit at ₹1,377 crore in Q1FY26, compared to ₹1,436 crore in the same quarter last year (Q1FY25).
The investment will be made through Horizon Aero Solutions Limited, a 50-50 joint venture between Adani Defence & Aerospace and Prime Aero, which is owned by Prajay Patel, director of Indamer Technics
The Defence Ministry has cleared proposals worth ₹67,000 crore to boost the operational capabilities of the Army, Navy, and Air Force, including drones, radars, missile systems, and maintenance deals
Engineering solutions provider Axiscades on Wednesday said it has bagged new orders worth Rs 600 crore in defence space. The orders involve development and supply of advanced sub-systems for "some of the most sophisticated indigenous platforms" being developed by leading Defence agencies like the DRDO and the Defence PSUs, Axiscades said in a statement. The cumulative value of these orders stood at around Rs 600 crore. The orders will be executed through Axiscades' subsidiaries operating in the defence space, over the next 3 to 5 years, the company said. "Our partnerships on these critical programs reflect our core strength in high-performance radar, sonar, and signal processing electronics. We are contributing to indigenous platforms that will define the future of India's Defence preparedness," the company's Chief Technical Official (CTO) C Manikandan said. In June, Axiscades Aerospace and Technologies, one of the subsidiary companies of Axiscades, had signed an agreement with ..
Thus far in the month of July, Nifty India Defence index has underperformed the market by falling 12 per cent, as against 3.3 per cent decline in Nifty 50.