Page 5 - Defence Sector

Reliance Defence, Rheinmetall AG to build major ammo unit in Maharashtra

Reliance will build a major ammunition complex in Maharashtra with Germany's Rheinmetall AG, aiming to support India's defence forces and its ₹50,000 crore export goal by 2029

Guidance, stock rally may keep Hindustan Aeronautics under pressure

HAL reported a decent set of numbers in Q4FY25, with revenue at ₹13,700 crore (down 7 per cent Y-o-Y). The operating profit dipped 10 per cent Y-o-Y to ₹5,290 crore

Ursula von der Leyen opens 1st strategic dialogue with EU defence industry

The meeting highlighted the crucial role of the defence sector, with President von der Leyen emphasising the urgent need for Europe's defence industry to operate at a greater scale and speed

BrahMos project to attract fresh investment of ₹10K cr: UP govt official

Apart from catering to domestic requirements, the missile will be exported to countries such as the Philippines and Indonesia

Rajnath holds talks with Japanese counterpart, thanks him for defence ties

Defence Minister praised Nakatani for his efforts to deepen defence cooperation between the between the the two countries

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

Defence secy meets PM Modi amid Indo-Pak tensions after Pahalgam attack

Defence Secretary Rajesh Kumar Singh on Monday met Prime Minister Narendra Modi against the backdrop of increasing tensions between India and Pakistan over the Pahalgam terror attack. The meeting comes a day after Chief of Air Staff Air Chief Marshal A P Singh met Prime Minister Modi and is understood to have discussed the security situation. Navy Chief Admiral Dinesh K Tripathi had on Saturday apprised the prime minister on the overall situation in the critical sea lanes in the Arabian Sea. In a high-level meeting with the top defence brass, Prime Minister Modi on last Tuesday gave the armed forces "complete operational freedom" to decide on the mode, targets and timing of the response to the Pahalgam terror attack that left 26 people dead. Modi also emphasised the national resolve to deal a "crushing blow to terrorism".

Paras Defence, HAL drive Q4 earnings surge in India's defence stocks

Strong fourth-quarter results from private defence firms including Paras Defence and Bharat Dynamics lift sentiment amid expectations of robust FY26 order flows

India's defence stocks rally on FY25 order surge, FY26 bullish outlook

India's defence sector ends FY25 with record orders as exports, reforms, and robust pipelines fuel bullish outlook for FY26 and beyond, driving strong gains in top defence stocks

India, UK discuss deeper military ties, advancing defence capability

According to the Ministry of Defence, the discussions focused on enhancing defence industry collaboration and boosting the Make in India initiative

India's armed forces struggle with preparedness amid rising strategic risks

The real issue isn't the navy but the Indian Air Force, which is known to be understrength and will likely be even less capable a few years from now unless New Delhi starts thinking long term

DRDO tests futuristic 'Star Wars' laser weapon: Here's what it can do

DRDO successfully tests indigenous laser-based directed energy weapon, MK-II(A), shooting down drones and placing India among few nations with such advanced defence tech

Indian military space doctrine expected in 2-3 months: CDS Gen Anil Chauhan

CDS calls for building a 'space culture' rooted in doctrine, strategy, and original thought

Bharat Electronics share tanks 6% on missing FY25 revenue guidance; details

The fall in BEL share price came after the company missed its revenue guidance for the financial year 2025 (FY25).

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

Defence tech: A case for collaboration with India's industry base

India needs to identify its choice of advanced tech, which can serve military and commercial applications. More importantly, India should aspire to become a creator of tech

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

India, Sri Lanka set to ink defence pact during PM Modi's Colombo trip

For the first time, India and Sri Lanka are set to sign a major defence cooperation pact during Prime Minister Narendra Modi's visit to the island nation next week, a move that comes amid China's relentless attempts to increase its military influence over Colombo. The two sides are also likely to firm up a raft of other bilateral agreements including one on restructuring Sri Lanka's debt following talks between Modi and Sri Lankan President Anura Kumara Disanayaka in Colombo on April 5. In the second and final leg of his two-nation tour, Modi will arrive in Sri Lanka on the evening of April 4 on a three-day trip after concluding his visit to Thailand. At a media briefing Friday, Foreign Secretary Vikram Misri said an MoU (Memorandum of Understanding) on defence cooperation is expected to be inked and it is being signed for the first time. If signed, the MoU on defence cooperation is set to signal a major upward trajectory in India-Sri Lanka defence leaving behind the bitter chapter

Govt clears Rs 62,000 crore deal to buy 156 Light Combat Helicopters

This would be the biggest order for the Hindustan Aeronautics Limited so far, and the choppers would be built at their plants in Bengaluru and Tumkur in Karnataka

US core capital goods orders drop in Feb amid uncertainty over tariffs

Non-defence capital goods orders excluding aircraft, a closely watched proxy for business spending plans, dropped 0.3 per cent last month after an upwardly revised 0.9 per cent surge in January