Public Sector Undertaking (PSU)

BEL Signs Teaming Agreement with Reliasat Inc. Canada to Make Foray into Space Domain

Bengaluru: Defence PSU Bharat Electronics Limited (BEL) September 19 signed a Teaming Agreement with Reliasat Inc. Canada to collaborate in the area of space products. The Teaming Agreement aims at leveraging BEL and Reliasat’s capabilities...

Budget Outlay For The Defence And Aerospace Sector

India's defence budget for this year has been increased to ₹6.21 lakh crore (approximately US $75 Billion), up from last year's outlay of ₹5.94 lakh crore. The allocation to MoD for FY 2024-25 is higher...

Unistring Tech Solutions Secures Major Order for Advanced Electronic Warfare Equipment from Prominent PSU

Hyderabad: Unistring Tech Solutions Pvt. Ltd., a distinguished leader in the domain of the electronic warfare systems and solutions for the defence sector, announced July 25 that it has been awarded a substantial order...

Cabinet Committee on Security Approves Rs 19,000 Crore Mega Deal, Indian Navy to Procure BRAHMOS Missiles

New Delhi: The Cabinet Committee on Security (CCS), in a major boost to the Indian Navy's firepower capabilities, has approved acquisition of more than 200 BRAHMOS extended-range supersonic cruise missiles for deployment on warships,...

HAL to Activate New Production Lines to Ramp Up Tejas MK-1A Production, HTT-40 Planes

Bengaluru: Defence public sector undertaking Hindustan Aeronautics Limited (HAL) is preparing to activate new production lines for Tejas MK-1A and HTT-40 planes. The defence PSU has a capacity to build 16 Tejas MK-1As every...

MIL’s Export Order Book Positive, Stands Around Rs 4700 Crore

New Delhi: The exports order book of Defence PSU Munitions India Ltd (MIL) stands around Rs 4,700 crore. It has been sending explosives to at least seven countries in Europe, four in Africa, two...

HAL to Invest in Critical Technologies, Shed Legacy Issues and Expand Exports : CMD Ananthakrishnan

New Delhi / Bengaluru: India’s leading defence Public Sector Undertaking (PSU), Hindustan Aeronautics Limited) HAL is investing significantly into developing critical technologies since the key differentiator in next generation warfare is going to be...

India’s Bold Leap into Defence Exports

  "Military strength cannot be built overnight. The process of developing indigenous military technologies and weapon systems takes a much longer time. Building organisations capable of taking up such challenging tasks takes longer still,” says...

HAL-L&T Consortium Wins PSLVs Contract Worth Rs 824 Crore  

  Bengaluru: A consortium comprising State owned Defence Public Sector Undertaking (DPSU) HAL and private sector Larsen and Toubro have been awarded the contract for manufacture of polar space launch vehicles (PSLVs) — which was...

GRSE Receives Governance Now PSU Awards 2019

Kolkata. Garden Reach Shipbuilders and Engineers Limited (GRSE), a Mini Ratna Category 1 company under the administrative control of Ministry of Defence, has been awarded Governance Now PSU Awards 2019 in the categories of...

HAL to Provide IAF with 83 Tejas at Reduced Cost

  New Delhi: It took several rounds of negotiations that made the defence PSU Hindustan Aeronautics Limited (HAL) bring down the price of 83 Tejas fighter aircraft for the Indian Air Force (IAF) to Rs...

BEL Signs MoU with JSR Dynamics for Manufacture and Sale of Glide Weapons, Others

  New Delhi. Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Collaboration and Marketing Agreement with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up company. The agreement aims at leveraging the individual design...

DPSU Shipbuilder GRSE Hands Over Dividend Cheque to Government

  Kolkata, Two dividend cheques of total amount of Rs 59.31 crore for the Financial Year 2018-19 was handed over to Defence Minister Rajnath Singh by Rear Admiral VK Saxena, IN (Retd), Chairman & Managing...
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