Apollo Micro Systems shares surged to the upper circuit after securing important DRDO technology transfer approvals, boosting investor confidence and strengthening its position in India’s fast-growing defence technology sector.
India is developing a smart next-generation cruise missile for the IAF that locks and confirms targets before striking, making it more precise and flexible than BrahMos or Agni-5.
The government is considering a 20-25% increase in the defence budget for FY27. Higher spending and rule changes may boost private participation, defence manufacturing, and India’s push for self-reliance.
Approximately 220 scientists from 18 DRDO laboratories working on niche and critical defence technologies were involved in the event.
Uravi Defence and Technology Limited informed stock exchanges that some warrants converted into equity shares while many expired after the exercise deadline, completing the company’s approved warrant conversion process.
By a contract with the MoD, BEML is poised to receive an amount of about Rs. 110 crore
DRDO plans to induct several new defence systems soon, including missiles, torpedoes, and anti-tank weapons, aiming to boost India’s firepower and strengthen self-reliance in defence.
Sagar Defence will set up India’s first autonomous maritime shipyard in Andhra Pradesh, boosting indigenous defence technology, creating jobs, and strengthening coastal security with advanced unmanned vessel systems.
A Parliamentary panel has strongly criticised Hindustan Aeronautics Limited, also called HAL, for long delays in making the HTFE-25 gas turbine engine. The panel said the project moved very slowly and faced many avoidable problems.
An AESA radar is made of many small transmit/receive modules (TRMs); beam direction is changed electronically (no moving dish).
