In continuation with Government’s efforts to promote Private Industry, MSMEs and Start-ups in defence production ecosystem, the Ministry of Defence has now decided that 25% of Domestic Capital Procurement/ Acquisition Budget, amounting to Rs. 21,149.47 Crore, will be earmarked for Domestic Private …

Indian Navy’s first batch of MH 60R ‘Romeo’ aircrew successfully completed their training at Naval Air Station, North Island, San Diego, USA on 01 April 2022. The 10-month long course included conversion training and other advanced qualifications on MH 60R helicopter. The crew flew extensively from …

On global market outlook  Yaroslav Chuksin - First of all, the BOSS is a patrol ship and is offered on the offshore patrol vessels (OPV) market. As of 2016, 167 patrol vessels were in construction for 36 countries, other 28 countries were planning the purchase of 239 ships. The projected market …

Navantia has started the construction process of the new F-110 class frigate for Spanish Navy, with the cutting of the first steel plate in an event presided by Spanish Prime Minister Pedro Sánchez. The programme, whose implementation order was signed in 2019, foresees the construction of five …

The Hon’ble Raksha Mantri (RM), Shri Rajnath Singh, inaugurated the Air Force Commanders' Conference (AFCC) at Air Headquarters in New Delhi today. The conference was attended by Hon’ble Raksha Rajya Mantri, Shri Ajay Bhatt and Defence Secretary Dr Ajay Kumar, along with senior commanders of the …

Rosoboronexport JSC (part of Rostec State Corporation) will take part in the XVII All-Russian Forum-Exhibition GOSZAKAZ (STATE ORDER), which will be held from April 6 to 8, 2022 at the Skolkovo Innovation Center, outside of Moscow. At its stand, the company will showcase products from leading …

Defence Minister Rajnath Singh released the third positive indigenisation list of 101 items, comprising major equipment/platforms, in New Delhi on April 07, 2022. The list, notified by Department of Military Affairs, Ministry of Defence (MoD), lays special focus on equipment/systems, which are …

HAL paid the second interim dividend of Rs. 653.36 crores for the FY 2021-22 to the Government of India. The dividend cheque was handed over to the Defence Minister, Mr. Rajnath Singh by Mr. R. Madhavan, CMD, HAL and Mr. C. B. Ananthakrishnan, Director (Finance), HAL in the presence of Dr. Ajay …

HAL has and will continue to play a significant role in India’s current and future space program including the Gaganyaan manned mission to space, given the skills and knowledge base within the company said Mr. S. Somanath, Chairman ISRO. He identified indigenisation and cost reduction as major …

Fly Drone, a company in Rostec portfolio, is implementing a joint project with the government of St. Petersburg to create an urban air mobility pilot zone for testing drones. The infrastructure necessary for drone flights in the airspace of St. Petersburg is planned to be put in place by the summer …