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.
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs.11,700 Crores (Provisional & Unaudited) during the Financial Year 2018-19, sustaining double digit growth (an increase of 16%) over the previous year's turnover of Rs.10,085 Crores.
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.”
At Aero India 2019, Bengaluru, Navratna Defence PSU Bharat Electronics Limited (BEL) and Elbit Systems Limited, Israel, have entered into a Technical Collaboration Agreement (TCA) for Licensed Manufacturing of Helmet Mounted Display System (HMDS) / Helmet Pointing System (HPS) Version 02.
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.
Navratna Defence PSU Bharat Electronics Ltd
(BEL) has on February 20, 2019, signed an MoU with JSR Dynamics Pvt Ltd
(JSR), a Nagpur-based start-up Company, at Aero India 2019 in Bengaluru.
The MoU aims at leveraging the individual design and manufacturing
capabilities of BEL and JSR to develop weapons and light weight cruise
missiles, which have business potential in both the domestic and
international markets. Mrs Anandi Ramalingam, Director (Mktg), BEL, and
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’.
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.
Indian forces including its local armed police, central police forces, paramilitary and armed forces, all require modern assault rifle and carbines as India is facing various security challenges including urban and low-intensity insurgencies. India which is currently purchasing small arms, of all kinds in large numbers, has yet to achieve self-sufficiency in guns manufacturing. India is currently pursuing various tenders for different types of guns.
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.
Mr M.S Velpari, has taken the charge as Director (Operations)-HAL from Mr Sunil Kumar who superannuated on July 31, 2019. Earlier, he was holding the post of Chief of Project (LCA Tejas) at LCA-Tejas Division.
HAL delivered a Chetak helicopter ahead of schedule to Indian Navy. The documents were handed over by Mr S. Anbuvelan, General Manager of Helicopter Division-HAL to Commodore Vikram Menon, VSM, CSO(Air), HQNA in an event held at HAL facilities here, today.
Garden Reach Shipbuilders & Engineers Limited, one of India’s leading warship builder for Indian Navy and Coast Guard has announced its Financial Results for the Quarter & Year ended March 31, 2019.
Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a turnover of Rs.11789.22 crs (audited) for the ended F.Y. 2018-19 registering a growth of 16.90% over the turnover of Rs.10084.84 crs achieved in the previous year.
Navratna Defence PSU Bharat Electronics
Ltd (BEL) has unveiled its new product, the Atmospheric Water Generator
(AWG), an innovative solution to meet the ever-increasing need for
drinking water worldwide, today at Aero India 2019.
General Bipin Rawat, Chief of Army Staff, inaugurated the Atmospheric
Water Generator in the presence of Mr Gowtama M V, CMD, Directors and
other senior officers of BEL.
BEL's Atmospheric Water Generator can be used to generate water straight
from the humidity present in the atmosphere.
The financial results of Hindustan Aeronautics Ltd. approved at its Board Meeting held yesterday in Delhi for the nine month period ended December 31, 2018 has shown growth as compared to corresponding period ending 31st Dec 2017.
An Inter-Governmental Agreement (IGA) between the Government of Republic of India and Government of Russian Federation was concluded on 15 Oct 2016, for construction of additional Project 1135.6 Follow-on ships in India, at M/s Goa Shipyard Limited (GSL). In line with the IGA, the Government signed a contract for construction of two ships with Goa Shipyard Ltd, Goa to-date, with scheduled delivery in June 2026 and December 2026 respectively.
The indigenously developed Light Combat Helicopter (LCH) has successfully engaged an aerial target with an air to air missile at the integrated test range at Chandipur, Odisha, said Hindustan Aeronautical Limited (HAL) in a statement. Reportedly, the French Mistral-2 Air-To-Air-Missile (ATAM) was fired during the test.
India and Russia, on November 20, signed a contract for two built-in-India Grigorovich class (Project 11356P/M) advanced guided missile frigates. The frigates will be constructed at the government owned Goa Shipyard Limited (GSL). This is a follow on contract to the last month’s deal for import of the two Russian built vessels of the same class. The Grigorovich class is an advanced Talwar class frigate.
Indian Navy operates six Talwar class ships.
The HTT 40 (Basic Trainer Aircraft) began the most awaited phase of the `spin test’ by successfully entering in to two turn spin and subsequently recovering with the appropriate controls. Two test pilots undertook the first ever spin entry testing today at around 1.30 pm. The aircraft was piloted by Gp Capt (Retd) KK Venugopal, DGM-Test Pilot (FW) from front cock pit and Gp Capt S Chaki (Retd), Sr. Test Pilot (FW) from rear.
