Defence production
India approves 156 defence equipment for export
05 Feb 2021
The government is now looking to expand its defence exports to include Astra missiles, Tejas light combat aircraft, artillery guns, explosive, tanks and missiles, anti-tank mines and others, aiming at record export of defence equipment worth Rs35,000 crore
Cabinet approves procurement of 83 LCA ‘Tejas’ aircraft for IAF
21 Jan 2021
About 500 Indian companies, including MSMEs in the design and manufacturing sectors, will be working with HAL in this procurement and the programme will act as a catalyst for transforming the Indian aerospace manufacturing ecosystem
DRDO successfully test-fires anti-radiation missile, Rudram
09 Oct 2020
With this, the country has established indigenous capability to develop long range air launched anti-radiation missiles for neutralising enemy radars, communication sites and other RF emitting targets
India successfully tests hypersonic missile technology
10 Sep 2020
The hypersonic air-breathing scramjet technology, indigenously developed by Defence Research and Development Organisation, will serve as the building block for NextGen hypersonic vehicles in partnership with industry
US, India to seal $1.9 bn Integrated Air Defence System deal
11 Feb 2020
The proposed sale comes ahead of a planned visit by President Donald Trump to India later this month when the two countries are also expected to sign a trade deal
Lockheed Martin reports $1.5 bn Q4 net profit on $15.9 bn net sales
29 Jan 2020
Lokheed Martin ended 2019 with net sales of $59.8 billion, net earnings of $6.2 billion, and a record order backlog of $144.0 billion, and expects 2020 financial outlook to be even better
Mazagon Dock, L&T shortlisted for Rs45,000-cr submarine project
22 Jan 2020
Defence ministry has rejected proposals from Adani Defence and state-owned Hindustan Shipyard Limited, leaving MDL and L&T as Indian partners to team up with foreign manufacturers for the production of six next-generation conventional submarines