DRDO hands over three advanced materials technologies to Indian industries
DRDO has given three advanced materials technologies to Indian industries, including radome manufacturing and special steels for defence and naval use
DRDO has given three advanced materials technologies to Indian industries, including radome manufacturing and special steels for defence and naval use
HAL is expected to hand over two Tejas Mk-1A fighter jets with weapons integration by September end, Defence Minister Rajnath Singh said, as India pushes to expand its shrinking fighter fleet issue.
Motilal Oswal Nifty India Defence ETF surged 41% in six months, topping defence funds. Groww, Aditya Birla and HDFC defence funds also posted strong gains as defence stocks rebounded after earlier sell-off.
BEL and Centum Electronics signed an MoU to advance indigenous design and production of electronic warfare, radar, and secure communication systems to strengthen India’s self-reliance
HAL has grown from making foreign planes to designing its own, helping small businesses and start-ups, and building India’s self-reliant aerospace industry.
Bharat Dynamics Ltd reported a sharp 154% jump in Q1 profit to Rs 18.34 crore, with revenue rising nearly 30% despite higher expenses and a slight drop in share price.
Adani Defence, with Prime Aero, has acquired a 100% stake in Indamer Technics through Horizon Aero, aiming to build a worldclass MRO hub in India to support the country’s growing aviation industry.
Astra Microwave won a ₹1.35 billion contract from DRDO to upgrade a ground based radar system. The project will be completed in 18 months.
The DRDO will focus on eight advanced technology areas like AI, quantum tech, and cyber defence this year to address modern warfare threats and boost India’s strategic preparedness.
Defence stocks like HAL, BEL, BEML, and Bharat Dynamics drew investor attention after the Defence Acquisition Council approved military projects worth ₹67,000 crore to boost India’s defence capabilities.