It has been reported that the Indian Air Force (IAF) might place an order of additional 50 Light Combat Aircraft (LCA) Tejas MK-1A combat aircraft. As of now, the IAF has already inducted two squadrons of TEJAS MK-1 jets, which are currently based at the Sulur Air Force Station near Coimbatore in Tamil Nadu. These…
Gopalan Aerospace has tied up with MTC Slovakia S.R.O and DEFSYSTECH S.R.O for development of precision drones in the country. Under the partnership, the companies will work closely to explore opportunities to develop drone-based service applications in the Indian Defence Sector. Besides, Gopalan Aerospace also signed a joint venture with Omnipol Group, a partner of…
The Government has earmarked record 75 percent (approx. Rs. 1 lakh crore) of the defence capital procurement budget for domestic industry in Financial Year (FY) 2023-24, up from 68 percent in 2022-23. Further, in FY 2023-24, Ministry of Defence (MoD) has been allocated a total Budget of Rs 5.94 lakh crore, which is 13.18 per…
BAE Systems has partnered with Bangalore-based technology group NewSpace Research and Technologies to explore opportunities to collaborate in next generation uncrewed systems and associated technologies. Under a Memorandum of Understanding (MoU) signed by the companies, they will bring their collective expertise in aerospace development and systems engineering to identify opportunities for the defence and commercial…
DPSU Bharat Electronics Ltd (BEL) has signed an MoU with Globals ITES Private Ltd for cooperation in technology development, co-creation and co-innovation, joint marketing and sales, in the fields of cyberwarfare and cyber defence systems. The MoU, inked aims at leveraging the complementary strengths and capabilities of BEL and Globals. Both the companies will work…
Hindustan Aeronautics Limited (HAL) and UAE based EDGE Group entity, AL TARIQ have signed a Memorandum of Understanding (MoU) to explore the integration of the AL TARIQ family of modular, long-range, all-weather, day/night, precision munitions onto HAL’s fixed-wing aircraft. Under the MoU, AL TARIQ will explore the feasibility of integrating their line of LR-PGMs onto…
