Page 7 - Defence Firms

The biz of drone power: Startups, traditional giants fuel India's arsenal

As many as 550 drone companies have come up in India in 5 years. More than 100 companies are in the defence sector. Drone market revenue is expected be worth $11 billion by FY30

Smallcap defence stock zooms 29% in 2 days despite Q4 loss

Shares of Ideaforge Technology have moved higher by 20 per cent to ₹463.20 on the BSE in Friday's intra-day trade, extending its previous day's rally, in otherwise a weak market.

Defence ministry orders hit ₹2.1 trn in FY25, 92% awarded to local firms

India's defence sector received record orders as FY25 ends, with domestic firms securing 92 per cent of contracts; FY26 outlook brightens with reforms and exports push

PSU defence stock up 4% on heavy volumes; nears record high. Do you own?

Bharat Electronics hit four-month high of ₹317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.

Defence exports hit record Rs 23,622 cr in FY25, but pace of growth slows

Private sector defence exports stayed largely flat year-on-year

HAL shares fly 8% on bagging largest-ever defence deal; UBS lifts target

The sharp rally in HAL shares came after the Ministry of Defence (MoD) signed two major contracts with HAL on March 28, 2025

HAL bags Rs 62,700-cr LCH order; MoD contracts hit record high

The total value of defence contracts awarded by the MoD in 2024-25 crossed Rs 2.09 trillion, double the previous record set in 2023-24

Bharat Forge up 6% from day's low on ₹6,300 crore defence ministry deal

Bharat Forge stock rose as much as 1.26 per cent during the day to ₹1,199 per share, after the shares initially lost over 4.4 per cent in trade

Pravaig's 'Veer' undergoes military trials, wins iDEX defence award

Bengaluru-based EV startup Pravaig's all-terrain stealth vehicle, Veer -- the world's first operational EV designed for tactical defense use -- has undergone military trials and won the prestigious iDEX award from the Ministry of Defence. "In a major step towards strategic autonomy, Pravaig has won the prestigious iDEX Award for its VEER Electric Tactical All-Terrain Vehicle (E-TATV) -- a cutting-edge, highly stealthy vehicle designed for forward patrolling, reconnaissance, and ISR operations," Pravaig Dynamics said in a post on X. Atima Corporation, a wholly-owned subsidiary of Pravaig, won the iDEX Award by the Defence Innovation Organisation (DIO), under the aegis of the Department of Defence Production in the Ministry of Defence, "for deepening India's sovereignty by building cutting-edge defence technologies and reinforcing the country's strategic autonomy." The scheme for iDEX-Innovations for Defence Excellence was launched in May 2021 by DIO to foster innovation and technolog

Defence shares in focus; Data Patterns, GRSE, BDL, Zen, Paras gain upto 11%

Analyst at Elara Capital believe defense companies in India stand to benefit as the EU defence OEM turn to public and private defence firms to procure components and subsystems.

John Cockerill, Indian firm form joint venture to produce tank turrets

India is developing the Zorawar tank, a highly versatile platform, to boost the Army's combat capabilities along the contested frontier with China

Israeli startups eye global markets after playing important role in war

Israel already had a thriving startup scene, meaning its companies may be better placed to capitalise on the wartime boom, with some already winning orders from abroad with aims to shape future battle

Demerger boosts Rossell Techsys' defence, space ambitions: MD Rishab Gupta

Rossell Techsys MD Rishab Gupta discusses the firm's demerger from Rossell India and its entry into the space sector, highlighting a Rs 2,800 crore order book and a focus on defence and civil aviation

NDA 2025: Registration ends today at official website, details here

The UPSC will end the registration window for NDA 1 on December 31. Candidates can apply for the NDA 1 registration at the official website i.e, upsconline.nic.in and upsc.gov.in

HFCL share price rises 5% off lows on foray into defence manufacturing biz

HDFC share: HFCL has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu

Top defence stocks for 2025: Nuvama bets big on BEL, Data Patterns

On the bourses, BEL and Data Patterns have given solid returns. On a year-to-date (Y-T-D) basis, BEL soared over 59%, while Data Patterns gained 35%

L&T secures major defence order for K9 Vajra-T artillery platforms

Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a major order from the Defence Ministry for the supply of K9 Vajra-T Artillery Platforms to the Indian Army. According to the company's project classification, the 'major' order values between Rs 5,000 crore-10,000 crore. The K9 Vajra-T is a 155 mm, 52-caliber tracked self-propelled artillery platform, adapted from the world's leading South Korean self-propelled howitzer K9 Thunder. Co-developed by L&T and Hanwha Aerospace, it has been customised to suit the requirements of the Indian Army for operations in varied terrains, including deserts, plains and high-altitude regions. In 2017, the company won the order for the first batch of 100 K9 Vajra-T platforms through a global competitive bidding and after successful field evaluation. The company delivered the Vajra Platforms ahead of schedule. "Like the first batch, the second batch of the K9 Vajra-T too will be manufactured at our Armoured Systems ...

US defence giant RTX Corp aims to boost India headcount by 14% in 3 years

The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months

Kolkata-built INS Nirdeshak with 80% indigenous content commissioned today

According to an official statement by the Ministry of Defence, 'Nirdeshak' is the second vessel of the Survey Vessel (Large) Project

Trump's lawyers claim juror misconduct to get hush money conviction junked

President-elect Donald Trump's lawyers are alleging that his hush money conviction was tainted by juror misconduct, opening a new front in their fight to overturn the verdict and throw out the historic case. Trump's lawyers raised the misconduct claim in court papers made public Tuesday, as Manhattan Judge Juan M. Merchan weighs a pending defence request to throw out the case in light of his impending return to the White House. Trump lawyers Todd Blanche and Emil Bove wrote in a letter to Merchan that they had evidence of grave juror misconduct during the trial. The details of the allegations were redacted and hidden from public view. Three of the letter's seven pages were entirely covered in black ink. The letter, dated December 3, was added to the public court docket on Tuesday. Merchan said in a separate letter Monday that he ordered the reactions both to preserve the integrity of the case and to ensure the safety of jurors, whose names have been kept private. Blanche and Bove'