Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Karnataka State Export Excellence Award for the year 2016-17. The award was received by Mr Anil Pant, GM (International Marketing)/CO, and Mr H P Srinivas Rao, AGM (International Marketing)/CO, from Mr B S Yediyurappa, Hon’ble Chief …

Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, today, September 13, 2019, for procurement of Seven Squadrons of Akash Missile System for the Indian Air Force. This is a turnkey contract with specialist infrastructure. …

HAL designed and developed Light Utility Helicopter (LUH) successfully demonstrated high altitude capability in hot and high weather conditions in the Himalayas.  The trials were carried out by the test pilots from HAL, IAF and the Army from August 24 to September 2, 2019. The LUH has complied with …

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 …

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 …

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. Mr Velpari holds a Bachelor’s degree in mechanical engineering from College of …

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. …

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), …

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. HAL entered into a contract with the …

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 …