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Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 340% on its paid up capital to the Government of India for Financial Year 2018-19.

Navaratna Defence PSU Bharat Electronics (BEL) has signed an MoU with Tamil Nadu Industrial Explosives Limited (TEL), a state-government undertaking of the Government of Tamil Nadu, for co-operation in the explosives segment where BEL is eyeing business growth, keeping in view its ongoing and upcoming ammunition programmes.

Mazagon Dock Shipbuilders Limited (MDL) called ‘Ship Builder to the Nation’, is one of India’s leading Defence public sector undertaking shipyards under the Ministry of Defence continuing their service to the nation with ‘’Make in India’’ programme. They delivered the second Scorpene submarine ‘KHANDERI’ to the Indian Navy at an event held in Mumbai today.

Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Karnataka State Export Excellence Award for the year 2016-17. The award was received by Mr Anil Pant, GM (International Marketing)/CO, and Mr H P Srinivas Rao, AGM (International Marketing)/CO, from Mr B S Yediyurappa, Hon’ble Chief Minister of Karnataka, at a ceremony held in Bengaluru on September 6, 2019.

BEL is laying enhanced thrust on Exports by expanding its geo-spatial reach and through partnerships. The Export order book of BEL was US $ 116.62 Million as on April 1, 2019.

Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, today, September 13, 2019, for procurement of Seven Squadrons of Akash Missile System for the Indian Air Force.

This is a turnkey contract with specialist infrastructure. The total value of the contract is Rs.5,357.00 Crores (Rupees five thousand three hundred and fifty-seven crores only) and the delivery will be completed in 3(three) years. These systems will be commissioned at seven Air Force locations spread across Pan India.

HAL designed and developed Light Utility Helicopter (LUH) successfully demonstrated high altitude capability in hot and high weather conditions in the Himalayas.  The trials were carried out by the test pilots from HAL, IAF and the Army from August 24 to September 2, 2019.

Six months after the inauguration of the much anticipated Indo-Russian joint venture (JV) to manufacture AK-203, the Indian soldiers will have to wait a bit more for a modern assault rifle. The JV failed to honour the Request for Proposal (RFP) sent out by Indian Army as it could not finalise the price of the gun, sources informed.

Mr Shripad Naik, Hon’ble Minister of State (Independent Charge) for Ayush & Minister of State for Defence, today inaugurated the new state-of-the-art manufacturing facility for Composite Materials, Environmental Testing & Finishing, established at the Navi Mumbai Unit of Navratna Defence PSU Bharat Electronics Limited (BEL). Mr Gowtama M V, CMD, Mr Nataraj Krishnappa, Director (Other Units), Mr Koshy Alexander, Director (Finance), 

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 2041.98 cr, during the 1st quarter of FY 2019-20 over the Turnover of Rs. 2077.84 cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during 1st quarter of FY 2019-20 stood at Rs. 290.39 cr, registering a growth of about 16% over the Profit Before Tax (PBT) of Rs. 250.21 cr recorded in the corresponding period of the previous year. 

Sixth ship of Class of Eight Landing Craft Utility (LCU) Mark-IV vessels - IN LCU L-56 - was commissioned by Vice Admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command in Visakhapatnam today. It is 100th warship of Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country.

Considering the huge potential of industrial growth in defence and aerospace (both civil and military) and challenges of meeting the financial needs for mega aviation projects in India, it is important to think of establishing an organisation like Indian Defence Finance Corporation (IDFC) on the lines of Indian Railway Finance Corporation, IRFC, said Dr. R. K.

HAL (standalone) achieved an all-time high turnover of Rs. 19,705 crores, registering a growth of 7.8% for FY 2018-19 over the turnover of Rs 18,284 crores in the corresponding previous year.

Vela, the fourth Scorpene class submarine being constructed by Mazagon Dock Shipbuilders Limited for the Indian Navy, was launched today, on 06 May 2019, by Mrs Veena Ajay Kumar, wife of Dr Ajay Kumar, IAS, Secretary Defence Production, who was the Chief Guest on the occasion. VAdm AK Saxena, CWP&A was also present during the launching ceremony.

Ministry of Defence (MoD), on Monday, awarded a contract to build eight anti-submarine vessels to public sector shipyard Garden Reach Shipyard and Engineers. The Kolkata based shipyard will deliver the boats within 84 months.

According to an MoD statement, “The 1st ship is to be delivered within 42 months from contract signing date and subsequent balance ships delivery schedule will be two ships per year.”

The First of the Class of 05 Fast Patrol Vessels (FPVs), named “ICGS- Priyadarshini” built by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata was commissioned at Kakinada, Andhra Pradesh today by Additional Director-General Kripa Ram Nautiyal, PTM, TM, CGC (ES), in the gracious presence of Inspector General Sivamani Paramesh, PTM, TM, COMCG (East), Commandant (JG) Mahavir Singh, Commanding Officer, ICGS Priyadarshini.

Admiral Sunil Lanba PVSM, AVSM, ADC Chief of the Naval Staff launched the third ship of Project 15B, Guided Missile Destroyer Imphal, today (20 April 2019) at Mazagon Dock Shipbuilders Limited, Mumbai. This launch marks yet another significant milestone in the annals of the indigenous warship design and construction programme of India.

HAL recommenced flight testing of modified Intermediate Jet Trainer (IJT) yesterday from its Bengaluru facilities.  The flight was flawless and its success is an important step towards the IJT programme.

Hindustan Aeronautics Limited recorded a turnover of over Rs. 19,400 crores (provisional and unaudited) for the financial year ended on March 31, 2019 (corresponding figure for the previous year was Rs.

Yard 2097 (LCU L 56), the sixth of the class of LCU MK IV ships, have been built and delivered by M/s GRSE Ltd today, on 30 March 19 at Kolkata. This is the 100th ship delivered by the DPSU in Kolkata. The construction of the ship was overseen by Warship Overseeing Team, Kolkata. 

Hindustan Aeronautics Limited (HAL) has produced 16th LCA as per the target till March 31, 2019.  The customer flights are expected to be completed by the end of this month.  HAL has order for 40 LCAs (16 fighters each in IOC and FOC and 8 trainers) from IAF.  The aircraft was inducted into IAF squadron ‘Flying Daggers’ on July 1, 2016.

On February 19, Indian Army has placed an order for Ordnance Factory Board’s Dhanush 155/45 calibre towed gun. IDI met with its Saurabh Kumar, who recently took charge of the board as Chairman, to discuss OFB’s recent achievements.

Gung-ho on receiving the order for 114 Dhanush towed artillery guns, Saurabh Kumar, calling the order ‘very prestigious’ for his organisation, said: “it has been a culmination of efforts of our top most designers and manufacturers.”

Prime Minister Narendra Modi, on Sunday, inaugurated Indo-Russian joint venture to manufacture AK-203 assault rifle. The Indo-Russian Rifles Pvt Ltd, a partnership between Indian Ordnance Factory Board and Russian Kalashnikov Concern, will manufacture around 7.5 lakh rifles which will go on to replace the INSAS rifle, the current standard issue to Indian soldiers. These guns are also expected to equip other Indian forces.

HAL handed over first   three ALHs as part of the 22 ALH MK III contract to the Indian Army during the on-going Aero India 2019 today. 

The first flight of Light Combat Aircraft (LCA) MK1A will be in 2022 and commercial production would be in three to four years from then. The price bid for the 83 MK1A by the Indian Air Force has not yet been opened and the Defence PSU is looking forward to that contract. HAL is also looking at the export market, primarily to South Asia and African countries. “We have been participating in airshows and some of the countries expressed interest,” the Chairman of HAL, R.Madhavan told a press conference at Aero India.

Hindustan Aeronautics Limited (HAL) has taken a lead role in organizing the entire Aero India -2019 to be held at Air Force Station, Yelahanka, Bengaluru from February 20 to 24, 2019.  Besides providing huge logistic support, HAL will showcase its prowess in defence and aerospace centered on the theme ‘Innovate, Integrate and Lead’.

1-    What is your focus area for Aero India?

Government of India has sanctioned, three new Naval Air Squadrons to be setup in Gujarat and Tamil Nadu. Besides this, the Central Government has also sanctioned manpower towards manning additional aircraft in existing Dornier Surveillance Squadrons in Kerala and Andaman Islands. It is pertinent to mention that the contract for procurement of 12 Dornier aircraft was signed with HAL (Kanpur) on 29 December, 2016 with delivery commencing in January'19. This is a substantial contract for the indigenous HAL built Maritime Surveillance version of the Dornier 228 aircraft.

  State-owned aerospace and defence major Hindustan Aeronautics Limited (HAL) has recorded the highest ever turnover of Rs 18,28,386 lakh in 2017-18, stated the government in the Lower House on January 2. In a written reply in Lok Sabha, Union Minister of State Dr Subhash Ramrao Bhamre gave details of revenues and profits of Hindustan Aeronautics Limited (HAL) from 2015- September 2018.

The Ministry of Defence has begun the process of preparing Indian defence forces for use of Artificial Intelligence (AI), informed the government in the Lok Sabha.

Soon after flying at 6 KMs altitude recently, the Light Utility Helicopter (LUH) project of HAL gathered momentum as the third prototype (PT3) made its maiden flight on December 14, 2018. The chopper was flown by Test Pilots, Wg Cdr (Retd) Anil Bhambhani and Gp. Capt (Retd) M R Anand V M. The flight was flawless and this prototype would augment development flight testing in conjunction with other two Prototypes towards Certification.

The HAL’s Helicopter Division in Bengaluru received the first batch of helicopter structures and sub-assemblies manufactured by HAL subsidiary Naini Aerospace Limited (NAeL), Prayagraj for Advanced Light Helicopter (Dhruv). The ‘Certificate of Conformity’ of sub-assemblies and bottom structure assembly was formally handed over yesterday at a function in Naini. Mr. R.

At a time, when India is awaiting nod for the signing of one of the most significant weapons deal of the recent time – the S-400 missile systems – with Russia, the two countries are at verge of finalizing the Inter-Governmental Agreement (IGA) for the local manufacturing of the AK-103 Assault Rifle, a modern upgraded version of the AK-47.