Defence Industry

Aatmanirbhar Bharat: MoD and BEL Sign Rs 1,950 Crore Contract for Mountain Radars for IAF

New Delhi: Strengthening India’s indigenous defence capabilities under Aatmanirbhar Bharat and Make-in-India, Ministry of Defence (MoD) has inked a major capital acquisition contract with Bharat Electronics Limited (BEL) for the procurement of two Mountain...

GRSE Hits New High in Turnover, Declares Interim Dividend of 129%

Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE), sustaining its strong growth momentum, has recorded the highest annual turnover in its history for FY 2025-26, amounting to ₹6,400 crore (Provisional & Unaudited), as against...

Embraer’s KC-390 Millennium Successfully Concludes Cold Weather Campaign in Sweden

Vidsel, Sweden — Embraer on  March 31 announced the successful completion of an intensive cold‑weather demonstration campaign of the KC‑390 Millennium in Sweden. Conducted at the Vidsel Test Range military facility, the operation showcased the...

ideaForge and IIT Bombay Sign MoU to Launch ‘Who Are the Next Idiots?’ Programme to Identify Emerging Deep-Tech Founders

Mumbai: With the aim of identifying and nurturing early-stage deep-tech entrepreneurs, ideaForge Technology Limited has launched an innovative programme, “Who Are the Next Idiots?”, in collaboration with the Indian Institute of Technology Bombay.  Both organisations...

Rs 2.38 Trillion Defence Push Strengthens Growth Visibility; Domestic Players Set to Benefit: MOFSL

New Delhi: Motilal Oswal Financial Services Ltd (MOFSL) highlights that recent approvals by the Defence Acquisition Council (DAC), amounting to ₹2.38 trillion, mark a significant step toward strengthening India’s defence capabilities while creating a robust growth pipeline...

BEL Receives Orders Worth Rs 1660 Crore

Bengaluru: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs 1660 crore since the last disclosure on March 17, 2026. Major orders received include satellite communication network, electronic warfare systems,...

Israel Defence Forces Expands Use of IWI X95 Rifles With New Delivery of X95 Micro-Tavors

Kiryat Gat, Israel. Israel Weapon Industries (IWI), an SK Group company and global leader in small arms manufacturing, recently delivered thousands of X95 micro-TAVOR rifles to the Israel Defence Forces (IDF). Engineered with cutting-edge technology...

Successful First Demo Flight: Airbus’ Uncrewed Bird of Prey Interceptor Autonomously Engages Kamikaze Drone with Frankenburg Missile

Munich, Germany. The Airbus ‘Bird of Prey’ interceptor drone successfully completed its first demonstration flight at a military training area in northern Germany. In a realistic mission scenario, it autonomously searched, detected and classified...

Gulf War: Raytheon’s AN/ALE-50 Towed Decoy Debris in Iraq Suggest it’s Usage by US Forces

Tel Aviv: The recovery of the US AN/ALE-50 towed decoy debris in Iraq, suggest its use in the ongoing war. The AN/ALE-50 is a towed decoy system deployed by US forces to counter radar-guided missiles...

First Batch of IWI Negev 7 Light Machine Guns Delivered in India as Part of 41,000-Unit Order

Malanpur. The first batch of 2,000 Israel Weapon Industries (IWI), a global leader in small arms manufacturing, NEGEV 7.62x51 light machine guns (LMG) will be delivered to India on March 28. The delivery will...

Expanding Footprint: Uvision Establishes European Subsidiary 

Tel Aviv: The growing demand in Europe for advanced loitering weapon systems brought Israeli company Uvision, to establish of a new European subsidiary in Munich, Germany. According  to the company, this is a significant step...

NAVAIR Selects Near Earth Autonomy to Enable Uncrewed Ship-to-Shore Operations in Contested Maritime Environments

Pittsburgh, PA.  The Naval Air Systems Command has awarded Near Earth Autonomy (Near Earth) a contract to develop an aircraft-agnostic autonomy solution for ship-to-shore and shore-to-ship operations through an Other Transaction Agreement (OTA) under the Naval Aviation...

Rafael Announces Financial Results for 2025, Shows Strong Performance with Sales Surpassing $6 Billion Mark

Tel Aviv: Israeli company Rafael has announced its financial results for 2025. The full-year highlights for 2025 are:  Sales reached $6.8 billion — surpassing the $6 billion threshold for the first time. 46% of...
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