Latest

L&T Signs Contract for High Power Radars

The Ministry of Defence, Government of India, has awarded a major contract to Larsen & Toubro (L&T), for the supply of High Power Radars (HPR) to the Indian Air Force (IAF).

HPR is a static sensor for long range aerial surveillance with higher uptime. Equipped with multiple Next- Gen features and capable of remote operations, they will augment IAF’s capabilities for monitoring special zones of interest, designating and tracking adversaries with optimal accuracy. The project is turnkey in nature and is to be executed across multiple locations.

GRSE Pays Interim Dividend of Rs 90.73 Cr

Garden Reach Shipbuilders and Engineers Ltd. (GRSE), a premier Warship building Company under the administrative control of Ministry of Defence has paid an interim dividend of Rs 90.73 Crores for FY 2023-24 to its shareholders. The Interim Dividend Cheque amounting to Rs. 67.59 Crore as the government’s share was handed over to  Raksha Mantri Shri Rajnath Singh, by Cmde P R Hari, IN (Retd), Chairman & Managing Director of GRSE Ltd. Kolkata on March 1 in New Delhi in the presence of Defence Secretary Giridhar Aramane.