Defence Industry

Canadian Submarine Project: Saab Betting Big on its C71 ‘Expeditionary’ Subs to Win the Contest

Karlskrona (Sweden): In this quiet coastal town in the southeast of Sweden, hull sections of two Blekinge-class submarines sit perpendicular to each other on dry land at Saab’s Kockums shipyard. The vessels bear few...

EDGE Entity LAHAB Signs Agreements with PT Pindad for Greater Collaboration and Supply of Ammunition

Abu Dhabi, UAE: EDGE Group entity LAHAB, the UAE’s sole ammunitions manufacturer, and PT Pindad, an Indonesian state-owned enterprise and one of Asia’s leading defence manufacturers, have signed a Head of Agreement to explore...

Elbit Systems Contracted to Upgrade Argentinian Army’s Main Battle Tank

Tel Aviv: Israeli company Elbit Systems has been contracted to upgrade the turret systems of the Argentinian army's main battle tank (MBT) the TAM2C A2. Currently Argentina only has two tanks but the number...

Airbus Takes Superconductivity Research for Hydrogen-powered Aircraft a Step Further

Paris. Airbus UpNext, a wholly-owned subsidiary of Airbus, has launched a new technological demonstrator to accelerate the maturation of superconducting technologies for use in electric propulsion systems of a future hydrogen-powered aircraft. Known as Cryoprop,...

Elbit Systems Awarded Contract Worth $260 Million by an International Customer

Haifa, Israel: Elbit Systems Ltd. announced May 23 that it was awarded a contract to supply systems to an international customer. The contract valued at approximately $260 million will be performed over a period...

Israel Aerospace Industries Inaugurates its First Visitors Centre in the United States

Tel Aviv: Israel Aerospace Industries (IAI), inaugurated its first visitors centre in the United States on May 22. This is part of the Israeli defence industry effort to enhance its activities in the US...

GRSE Records Highest Ever Profit After Tax and Revenue from Operations During FY 24

Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country has announced its financial results for the last quarter and full year ended March 31, 2024. Q4 FY24...

Elbit Systems Awarded Contracts Worth $ 760 Million for the Supply of Ammunitions to IMOD

Tel Aviv: Israel is making a big effort to fill its weapons stockpiles that reached the red line due to the ongoing war. The war that broke out on October 7 dwindled the stockpiles of...

EDGE Group and Fincantieri Formalise Shipbuilding Joint Venture – MAESTRAL, Announce 400 Million Euro Order for 10 Naval Vessels

  Abu Dhabi, UAE:  EDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the largest shipbuilding companies in the world, signed an agreement on May 20 formalising the launch...

BEL Registers a Growth of 34% in PAT During FY 2023-24

Bengaluru: Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs 19819.93 crore, registering a growth of 14.35% during FY 2023-24 over the turnover of Rs 17333.37 crore recorded during the previous...

Gathering Sensitive Intelligence About Russian Defence Industry, Russian Volunteer Corps Claims to be in Possession of Complete Documentation of Russian Missile Program

Tel Aviv: A group of experts opposing the Russian regime and operating from Ukraine is working to expose sensitive data about the Russian defence industry. The Russian Volunteer Corps (RDK) is a right-wing paramilitary unit...

OCCAR and MBDA Sign Agreement, Poised to Present European Anti-Missile Defence by 2026

New Delhi: Europe’s endeavour to develop a system of defence against hypersonic missiles gathered momentum with the signing of a firm agreement between European intergovernmental Organisation For Joint Armament Cooperation (OCCAR) and MBDA. Estimated at 140...

Garuda Aerospace and GSFC University Signs Historical Partnership to Advance Aerospace Entrepreneurship, Research and Innovation

Vadodara: Garuda Aerospace, a leading innovator in the aerospace sector, has entered into a landmark memorandum of understanding (MoU) with GSFC University, aimed at propelling advancements in aerospace research and fostering educational excellence. This pivotal...
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