Page 7 - Defence Sector

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

Profits up, gaps remain: OFB overhaul yields mixed results three years on

Since the corporatisation of the Ordnance Factory Board, profits are up, the order book is looking healthy in parts, but export gaps persist

Govt approves faster defence procurement guidelines, ATAGS for Army

Military procurements worth ₹54K cr get preliminary approval

Uttar Pradesh boosts defence industry with military hardware test bed

This move aims to strengthen the Uttar Pradesh Defence Industrial Corridor (UPDIC) as well as the country's defence manufacturing sector

Chinese threat: Philippines wants India to join security grouping 'Squad'

Although still in the making - among the island country, the United States, Japan and Australia -the Squad seeks to counter China's power assertions in the South China Sea region

NZ Navy chief, COAS Dwivedi discuss ways to enhance defence cooperation

Rear Admiral Garin Golding, Chief of the Navy of the Royal New Zealand Navy, met with General Upendra Dwivedi, Chief of Army Staff, to discuss matters of mutual interest and explore ways to enhance bilateral defence cooperation between India and New Zealand.In a post on X, the Indian Army said, "Rear Admiral Garin Golding, Chief of Navy, Royal New Zealand Navy called on General Upendra Dwivedi COAS & discussed aspects of mutual interest to enhance bilateral Defence Cooperation between the two Nations."Meanwhile, the Prime Minister of New Zealand, Christopher Luxon, chaired an education-focused event at IIT Delhi, reaffirming the deep academic ties between New Zealand and India. The event celebrated the New Zealand Centre, a flagship initiative that brings together all New Zealand universities in collaboration with IIT Delhi.A key highlight of the event was the announcement of a New Zealand Dollar 60,000 partial scholarship package under the New Zealand Excellence Awards (NZEA) ..

Indian defence sector stocks lock and load, ready for export offensive

Investor firepower reloaded, targeting domestic growth, exports, and European rearmament