General Dynamics Electric Boat, a business unit of General Dynamics has been awarded a $1.076 billion contract modification from the U.S. Navy to provide long-lead-time material and advanced construction for Virginia-class fast-attack submarines. Electric Boat is presently under contract for construction of submarines in Block V of the class. The $1,075,896,000 in advance procurement funds…
The Indian Navy and Indian Space Research Organisation (ISRO) released the Gaganyaan Recovery Training Plan at Water Survival Training Facility (WSTF) INS Garuda, Kochi on May 24. The document outlines the training plan for recovery of the crew module of the Gaganyaan mission. It defines overall requirements with respect to training of various teams participating…
The Indian Army commemorated the 75th International Day of UN Peacekeepers by paying homage to the fallen comrades by laying wreath at National War Memorial, New Delhi by the Chief of the Army Staff, Vice Chief of Army Staff and representatives from Navy and Air Force, Ministry of External Affairs and United Nations. This is…
State-owned heavy equipment maker BEML Ltd. witnesses more than 18% climb in fourth-quarter profit as easing input costs offset a drop in revenue. The consolidated profit rose to 1.58 billion rupees ($19.12 million) for the three months ended March 31, from 1.33 billion rupees a year earlier. Net profit margin for the quarter expanded to…
