Defence Industry

Finance Minister Nirmala Sitharaman while presenting the Union Budget 2024, on Tuesday, July 23, 2024 announced that the Government has allocated Rs 6,21,940 crore for defence spending in the Union Budget 2024-25 – up...

Haifa, Israel: Rafael Advanced Defense Systems Ltd. has announced that it has been upgraded to an 'A' credit rating by S&P Global Ratings, with a stable outlook. This significant achievement underscores Rafael's robust operating...

New Delhi: The US manufacturing giant Honeywell on June 21 said that it will buy aerospace and defence technology provider CAES Systems for $1.9 billion, as part of its focus on three broader business...

New Delhi: US aerospace firm Lockheed Martin is considering to set up a manufacturing line in India for its C-130J aircraft as the Indian Air Force’s (IAF) quest for new medium transport aircraft (MTA)...

  Kolkata: In a remarkable development that highlights its continuing efforts towards handling export orders, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG...

Abu Dhabi- UAE: EDGE, one of the world’s leading advanced technology and defence groups, today announced a cooperation agreement with KNDS, Europe’s leading manufacturer of military land systems, at Eurosatory 2024 in Paris, France, to develop industrial...

Abu Dhabi, UAE: EDGE, one of the world’s leading advanced technology and defence groups, continues to be the UAE’s leading champion and catalyst for defence industry growth. With awarded contracts worth over AED 60...

New Delhi: After the bilateral talks between Defence Minister Rajnath Singh and his Italian counterpart Guido Crosetto in Rome,  India and Italy on October 10 signed a defence cooperation agreement to promote cooperation in...

Abu Dhabi, UAE:  EDGE Group PJSC (EDGE), one of the world’s leading advanced technology and defence groups, has signed a strategic agreement with the Brazilian Marine Corps. The agreement demonstrates the importance of the Brazilian...

  Armed forces are essential to the very existence of any nation, boosting and maintaining its self-respect and power. One essential component, which makes armed forces confident are the power of its ammunition and related...

  Ensuring self-sufficiency in defence stands as the foremost pillar of strategic independence. In the days ahead, the significance of nurturing indigenous industries will grow, not just to cater to India's needs but also to...

  India, a land renowned for its ancient wisdom and innovative spirit, has a long and storied history of self-reliance in the defence sector dating back millennia. From ancient civilizations to the modern era, the...

Athens: This year's DEFEA 2023 international defence exhibition is focused on the Greek defence industry, which with 140 exhibitors presents its upgraded capabilities to support the Armed Forces, while participating in co-productions and industrial...