ideaForge inks an investment deal
ideaForge, ranked 7th globally, as a top dual-use commercial and military drone manufacturer (Drone Industry Insights, December 2022), is pleased to announce that it has invested in NW Engineering
January 2023
GRSE & Rolls Royce signs MoU
In a major step aimed towards bolstering the 'Make in India' initiative, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a Memorandum of Understanding (MoU) with Rolls Royce Solutions of Germany for manufacture of high quality marine diesel engines. The MoU was signed on January 27, 2023 by Cmde. PR Hari, IN (Retd), CMD, GRSE and Shri GS Selwyn, MD, MTU India in the august presence of Vice Admiral Sandeep Naithani, AVSM, VSM, Chief of Materiel of the Indian Navy.
BEL registers Rs. 11000 cr turnover in 9 months
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 11005.89 cr, registering a growth of 24.46% upto 3rd Quarter of FY 2022-23 over the Turnover of Rs. 8842.98 cr recorded in the corresponding period of the previous year.
During the 3rd Quarter of FY 2022-23, BEL achieved a Turnover of Rs. 4046.11 cr as against Rs. 3656.22 cr recorded in the corresponding period of the previous year.
Data Patterns reports growth of 155% in revenue
The Board of Directors at Data Patterns (India) Limited, a vertically integrated Defense and Aerospace electronics solutions provider catering to the indigenously developed defense products industry, today approved the limited review financial results for the quarter ended December 31, 2022.
Interview Army Chief
IDI - What is the status of various Army restructuring plans? How much has the teeth-to-tail ratio improved?
DRDO’s Fuel Cell-based AIP to be fitted on INS Kalvari
In a major boost to ‘Aatmanirbhar Bharat’, Fuel Cell-based Air Independent Propulsion (AIP) system of DRDO’s Naval Materials Research Laboratory (NMRL) will soon be fitted onboard INS Kalvari. An agreement was signed between senior officials of NMRL and Naval Group France in Mumbai on January 23, 2023 to extend cooperation to enter into the detailed design phase for integration of indigenous AIP in the Kalvari class submarines. As part of the agreement, Naval Group France will certify the AIP design for integration in the submarines.
INS Vagir Gommissioned
INS Vagir, the fifth P75 Kalvari-class submarines, was commissioned within the Indian Navy in presence of the Chief of Naval Staff, Admiral R Hari Kumar, PVSM, AVSM, VSM, ADC and several other senior dignitaries. The event was also attended by Naval Group’s Executive Vice President for Submarines, Laurent Espinasse along with the Naval Group team in India.
INS Vagir is built by Indian shipyard Mazagon Dock Shipbuilders Limited (MDL) based on the Naval Group Scorpene® design.
Coast Guard Conducts Training with Friendly Countries
Indian Coast Guard (ICG) conducted a one-week Maritime Rescue Coordination Centre (MRCC) operations & Search and Rescue (SAR) course in Mumbai between January 16-21, 2023.
Inaugural Indo-Egypt Special Forces Exercise
The first ever joint exercise between the special forces of the Indian Army and the Egyptian Army named “Exercise Cyclone-I” is in progress at Jaisalmer in Rajasthan since 14 January 2023. The exercise aims to bolster defence co-operation between the two nations and focus on sharing professional skills and interoperability of Special Forces in desert terrain while undertaking counter terrorism, reconnaissance, raids and other special operations.
5th Kalvari Class 'Vagir' to Join Navy on Jan 23
Indian Navy is set to commission the fifth Kalvari class submarine Vagir on 23 Jan 2023, Adm R Hari Kumar, Chief of the Naval Staff will be the Chief Guest for the ceremony. These submarines are being built in India by the Mazagon Dock Shipbuilders Limited (MDL) Mumbai, under collaboration with M/s Naval Group, France.