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 …

Garden Reach Shipbuilders & Engineers Limited, one of India’s leading warship builder for Indian Navy and Coast Guard has announced its Financial Results for the Quarter & Year ended March 31, 2019.  FY19 performance financial …

Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a turnover of Rs.11789.22 crs (audited) for the ended F.Y. 2018-19 registering a growth of 16.90% over the turnover of Rs.10084.84 crs achieved in the previous year. The profit after tax (PAT) for the year ended F.Y.2018-19 stood at …

HAL (standalone) achieved an all-time high turnover of Rs. 19,705 crores, registering a growth of 7.8% for FY 2018-19 over the turnover of Rs 18,284 crores in the corresponding previous year. The audited results of the Company were approved by HAL’s Board of Directors at its meeting held here …

Vela, the fourth Scorpene class submarine being constructed by Mazagon Dock Shipbuilders Limited for the Indian Navy, was launched today, on 06 May 2019, by Mrs Veena Ajay Kumar, wife of Dr Ajay Kumar, IAS, Secretary Defence Production, who was the Chief Guest on the occasion. VAdm AK Saxena, …