Indian defence minister Rajnath Singh is in Russia to strengthen and discuss various aspects of the unique strategic partnership with Russia. He held a high level meeting with Russian Deputy Prime Minister Yury Borisov yesterday. The meeting is significant as India is urgently in need of various …

At a time when Indo-Russia joint venture to manufacture AK-203 is far from start, Armenia will begin production of AK-103, improved version of AK-47, from coming July. An agreement for production of 50,000 rifles was signed between Russia and Armenia on May 15, reported Interfax. According to the …

The Indian Air Force (IAF) on Wednesday inducted Tejas Mk-1 FOC aircraft into the recently resurrected No 18 Sqn, the “Flying Bullets” at Air Force Station Sulur, marking yet another important step towards enhancing the operational capability of the Air Force. The Squadron is the first in the IAF …

Navratna Defence PSU Bharat Electronics Limited (BEL) posted a turnover in excess of Rs.12,500 Crores (Provisional & Unaudited) during the Financial Year 2019-20. The company had a growth of 6% over the previous year's turnover of Rs.11,789 Crores. BEL's Order Book as on 1.4.2020 is Rs.51,800 …

Hindustan Aeronautics Limited recorded a turnover of over Rs. 21,100 crores (provisional and unaudited) for the financial year ended on March 31, 2020 (corresponding figure for the previous year was Rs. 19,705 crores). The Company has posted a revenue growth of around 7% during 2019-20 for the …

In its first meeting post “separation of duties between Department of Defence (DoD) and Department of Military Affairs (DMA)”, Defence Acquisition Council (DAC), on Wednesday, approved the purchase of LCA-Mk 1A for Indian Air Force (IAF), said an official statement. “While orders of 40 Tejas …

The first Light Combat Aircraft in FOC standard (SP-21) took to the skies for maiden flight here today.  Piloted by Air Cmde. K.A Muthana(Retd), Chief Test Flying (Fixed Wing), the aircraft took-off from HAL Airport at around 1230 hours.  It was airborne for 40 minutes. This flight signifies …

HAL has declared an interim dividend of Rs. 33.25 per equity share of Rs 10 each fully paid up (332.50%) for the financial year 2019-20 at its Board Meeting held here today. The record for the payment of interim dividend will remain March 24, 2020 as intimated earlier.

Raksha Mantri Shri Rajnath Singh received a cheque of Rs 174.43 crore as interim dividend from Bharat Electronics Ltd (BEL), a Defence Public Sector Undertaking (DPSU), here today. Chairman and Managing Director of BEL Shri M V Gowtama presented the cheque to the Raksha Mantri. The BEL has declared …

Raksha Mantri Shri Rajnath Singh received a cheque for Rs 100.518 crore as the interim dividend from Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) here today. Chairman and Managing Director of BDL Commodore Siddharth Mishra (Retd) presented the cheque to Raksha Mantri. The …