Defence Industry

In Another Boost to Defence Production, Government Allows up to 74% FDI in Defence under Automatic Route

  New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) on September 17 issued a press statement permitting foreign direct investment (FDI) in defence production up to 74 per cent under the...

Government to Issue IPO for Mazagon Dock Shares to Attract Investors to Boost Domestic Defence Production

New Delhi: The government will issue an initial public offering (IPO) for shares in India’s biggest warship builder — Mazagon Dock Shipbuilders Ltd — next month, buoyed by its recent announcement restricting import of...

Expressing Their Nations Support German, French Defence Ministers Visit Airbus Facility in Manching

  Manching, Germany. During a visit of the Airbus premises in Manching, Europe’s largest military aviation development centre, the Defence Ministers of Germany and France, Annegret Kramp-Karrenbauer and Florence Parly, expressed their nations’ support for...

US Navy Selects Lockheed Martin to Deliver Large Unmanned Surface Vessel Study

  WASHINGTON, DC. Lockheed Martin will provide a study for a proven, integrated and capable payload ship, able to patrol for extended durations, as part of the US Navy’s Large Unmanned Surface Vessel (LUSV) competition....

India’s L&T Defence Wins Infor Customer Excellence Awards 2020

Mumbai: Infor, a global leader in business cloud software specialised by industry, on September 16 announced that the defence arm of Larsen & Toubro (L&T Defence) – India’s premier defence equipment and systems company,...

Greece Announces Major Arms Purchase Coinciding With DEFEA

  Athens. Defence Exhibition Athens (DEFEA) is being organised at a point when Greece announced major arms purchases with “six emblematic decisions that multiply the power, functionality and effectiveness of Greek weapons” as the Greek...

India Signs Defence Contracts with 38 Domestic, 32 Foreign Vendors in 2019-20

  New Delhi: During financial year 2019-20, 38 contracts were signed with Indian vendors and 32 others with the foreign vendors. In the current Financial Year 2020-21 (up to July 2020), 10 contracts have been...

Indian Armed Forces to Get Indigenous SPAD-GMS, CQBs under Atmanirbhar Bharat Initiative

  New Delhi: The long awaited announcement on the Self Propelled Air Defence Gun Missile System (SPAD-GMS) was to be made at the DefExpo in February this year but there was none as there has...

World Demand for Russian Armored Vehicles Remains Steadily Strong, Says Rosoboronexport Director General

  Moscow. Rosoboronexport, part of the Rostec State Corporation, has supplied 3000+ tanks and vehicles based on them abroad, including artillery, engineering and other weapon systems and military equipment over 20 years of its activity...

Heron’s Landing at Israel’s Ben Gurion Airport Opens New Niche Market for IAI-made UAVs

Tel Aviv. A landing and takeoff of an Israeli made Unmanned Aerial Vehicle (UAV) at Israel international airport in Tel Aviv on September 16 marks the opening of new markets for such unmanned systems...

Lockheed Martin’s Derco, Pratt & Whitney Sign F100-PW-220/229 Engine Distribution Agreement

  MILWAUKEE, Wisconsin. Derco, A Lockheed Martin Company, announced on September 16 its agreement to be Pratt & Whitney’s sole and exclusive third party distributor to support the F100-PW-220/229 engine system. This agreement builds on...

Russian Defence Giant Rosoboronexport Increases Exports of Military Helicopters

  Moscow. JSC Rosoboronexport, part of the Rostec State Corporation, presents the full export lineup of Russian military helicopters at the International Helicopter Industry Exhibition HeliRussia-2020, which will be held at the Crocus Expo International...

Boeing Not to Inspect Pylon for B-52H Re-engining, Leaves Task to USAF

  Washington: Boeing, the lead integrator on the Boeing B-52H Stratofortress heavy bomber re-engining program, will not physically inspect the pylons on each aircraft, leaving that duty to the US Air Force (USAF). Jim Kroening, Boeing...
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