Reliance Defence

Reliance Defence plans ₹10,000-cr aerospace push, eyes 2028 jet launch

Reliance Defence to invest ₹10,000 crore in aerospace over 10 years; aims to build India's first commercial aircraft by 2028 and expand Falcon jet assembly in Nagpur with Dassault

Anil Ambani's Reliance Defence, German firm tie up to make munitions

Reliance Defence and Diehl Defence tie up for local production of 155 mm guided munitions in Ratnagiri, with Rs 5,000 crore investment planned over five years

Reliance Defence to partner with France's Daher for aerospace components

The MoU was signed at the Paris Air Show

Reliance Defence forms JV with Thales for IAF's Rafale jet production

French defence firm Thales, supplier of radar and electronic warfare, display systems, software, communication solution to Rafale jet fighters set up a joint venture with Anil Ambani's Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high performance airborne electronicsThe Indian government signed a contract to purchase 36 Rafale fighter jets in fly-away condition for Indian Air Force in last September for $8.8 billion. The JV will also serve to leverage Dassault's offset commitment as part of the deal for the supply of 36 Rafale fighter aircraft to IAF. The Rafale deal with French aerospace major Dassault had an agreement of 50 per cent offset clause which means that Indian companies, will get businesses of around 74 percent in goods and supply. The company in which Reliance Defence will hold 51 percent stake will develop the technology at their facility at Mihan Special Economic Zone near Nagpur.Anil ...

Reliance Defence, France's Thales to form JV for military hardware

Reliance Defence will hold 51% stake in the JV, Thales will have the remaining 49% equity

Reliance Defence signs ammunition pact with Serbia

Govt's military indigenisation plan has spawned another tie-up

Lenders approve Reliance Defence's CDR exit and refinancing plans

A consortium of lenders led by IDBI has given its approval

Reliance Defence signs pact with S Korean firm to boost defence production

Anil Ambani had said that defence sector will be largest business area for his group in next few yrs

Reliance Defence signs agreement to maintain US Navy's 7th Fleet ships

Reliance Shipyard is the first in India to receive MSRA Certification to undertake such operations

Reliance Defence narrows net loss to Rs 133 cr in Q3

The company had posted a net loss of Rs 293.6 crore in the corresponding quarter last year

Reliance Defence bags Rs 916 crore contract from Indian Coast Guard

Reliance's shipyard has the largest dry-dock with considerable expertise in modular construction technology

Reliance Defence signs MoU with ALLRIG USA

Reliance Defence's Gujarat unit to be developed as one-stop shop for servicing needs of upstream companies

Reliance Defence bags Rs 300 cr naval warship refit order

The refit of three warships-INS Jamuna, INS Deepak and INS Savitri-is expected to be completed by April next year

Reliance Defence wins bid for 14 fast-patrol vessels for Indian Coast Guard

Firm to soon sign Rs 920 cr contract, vessels to be designed in-house and built at company's Pipavav Shipyard

Reliance Defence shares plummet nearly 15% on Q1 numbers

The scrip plummeted by 13.51 per cent to end at Rs 56.35 on BSE

Reliance Defence Q1 net loss at Rs 134.50 crore

Company had reported a net loss of Rs 167.27 crore for the corresponding quarter of the FY 2015-16

R-Defence gets RBI nod to exit CDR

Reliance Defence rose nearly 6% to Rs 67.05 in afternoon trade on BSE

Reliance Defence gets 16 new industrial licences

Reliance Defence now has 27 licences, across the spectrum of defence equipment

Reliance Defence receives 16 new industrial licenses for equipment manufacture

Of the 16 new licences, 11 pertain to land systems, three for naval systems and the remaining two cover niche technologies across defence spectrum

With 25 industrial licences, Reliance Defence pips other pvt players

The key programmes in the segments related to these licences have budgetary allocation in excess of Rs 50,000 crore