Defence minister said that defence exports also hit a record high in the previous financial year, crossing ₹24,000 crore, an increase of nearly 14 per cent from ₹21,083 crore in FY24
Shares of Apollo Micro Systems hit a new high of ₹183.60, soaring 18% on the BSE in Tuesday's intra-day trade after the company received export order worth of ₹114 crore.
Reliance Defence and Rheinmetall AG will jointly produce explosives and propellants at a new greenfield facility in Maharashtra as part of a broader defence collaboration
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
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
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
Apart from catering to domestic requirements, the missile will be exported to countries such as the Philippines and Indonesia
Defence Minister praised Nakatani for his efforts to deepen defence cooperation between the between the the two countries
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 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".
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 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
According to the Ministry of Defence, the discussions focused on enhancing defence industry collaboration and boosting the Make in India initiative
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 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
CDS calls for building a 'space culture' rooted in doctrine, strategy, and original thought
The fall in BEL share price came after the company missed its revenue guidance for the financial year 2025 (FY25).
Private sector defence exports stayed largely flat year-on-year
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
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