Sagar Defence Engineering has raised ₹300 crore from domestic investors ahead of its IPO. The funding values the Indian defence company at ₹20,000 crore before the investment.
DRDO has successfully test-fired India’s indigenous Pralay missile off Odisha’s coast, hitting two simulated targets around 500 km away during the latest test on November 3.
Balu Forge Industries has secured a new order from a Czech armoured vehicle manufacturer while expanding artillery shell production and strengthening its presence in India’s and Europe’s defence markets.
The Ministry of Defence has signed a ₹770 crore deal with BEL to supply improved radar systems to the Indian Army, helping detect fighter aircraft and small drones.
Sigma Advanced Systems and Munitions India have signed an MoU to make 155mm course-correction fuzes in India, supporting local production and precision-guided artillery capabilities for future defence
GRSE has received a patent for its removable jig technology, which helps shape pipes of different sizes. The innovation supports better manufacturing and India’s goal of defence self-reliance.
HAL has delivered its 2,000th aero-engine from Koraput as India expands Shakti engine production and raises AL-31FP output to support future defence requirements.
DRDO’s Agra-based ADRDE achieved two major milestones with a HAPS reaching 21 km altitude and a successful high-altitude parachute jump from 16,000 feet in Ladakh.
DRDO has successfully tested India’s indigenous HAPS at 21 km altitude, keeping it at 20 km for over 30 minutes while collecting surveillance and flight data.
IG Defence has successfully tested two solid rocket motors for its JWALA micro-missile, marking a major step in developing an affordable Indian hard-kill system against growing drone threats.
