Latest Articles in Corporate
India, Russia To Clear Outstanding Rouble For Local Defence Purchase: Report
The report suggests as the current financial year ends in the absence of a solution to this problem, the capital city kicked off a local buying spree for its defence needs
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DRDO Conducts 2 Successful Flight Tests Of VSHORADS Missiles In Odisha
DRDO conducted two consecutive successful flight tests of Very Short Range Air Defence System (VSHORADS) missile at the Integrated Test Range, Chandipur off the coast of Odisha on Tuesday
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India, Largest Importer Of Arms In 2018-22, Ukraine Is Third-largest In 2022: SIPRI
According to data published by the think tank that measures weapons imports over five-year periods, India had the highest share of global arms imports in the last five years at 11 per cent, followed by Saudi Arabia (9.6 per cent), Qatar (6.4 per cent), Australia (4.7 per cent) and China (4.7 per cen
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India's Defence Export Rises To Over Rs 13,000 Cr
According to the most recent data available from the defence ministry, the total export value of defence goods was Rs 13,399 crore as of the first week of March and the figure could rise further as deals are signed up until the end of the fiscal year
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Centre Signs Rs 934 Cr Agreement With HSL To Refit INS Sindhukirti Submarine
Refitting a vessel is the process of repairing, upgrading or modifying a ship or boat in order to improve its condition, performance or functionality and this may entail replacing or repairing structural or equipment components, upgrading navigation or communication systems, improving safety feature
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Govt Sets Target Of Rs 1.75 Lakh Cr In Defence Manufacturing By 2024-25
The Indian government has set a target of Rs 175,000 crore in defence manufacturing, including Rs 35,000 crore in defence exports, by 2024-25, according to Ajay Bhatt, Minister of State for Defence
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European Arms Imports Are Increasing While US Export Is Increasing: Report
European members of the NATO alliance, led by the United States, increased their arms imports by 65 per cent over the previous five years
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Military Drone Market To Touch $30 Bn By 2029, India To Buy 30 UAVs For $3 Bn
The acquisition of advanced MQ-9B drones, which are outfitted with antisubmarine warfare capabilities as well as land-attack and antiship missiles, would also help the Indian navy's surveillance efforts in the Indian Ocean, where China's naval presence has grown
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Defence Ministry Signs Rs 6,800 Cr Deal With HAL To Procure 70 Trainer Aircraft
The ministry also notified its finalised contract with Larsen & Toubro (L&T) for the acquisition of three cadet training ships worth over Rs 3,100 crore
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Indian Navy Is Committed To Be Self-reliant By 2047: Navy Chief
The navy admiral was addressing the Naval Commanders’ meeting onboarding the country’s first indigenously built aircraft carrier INS Vikrant off Goa
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