Day: March 17, 2024

The US Navy has awarded BAE Systems a contract worth approximately $86 million to continue supporting its Mobile Deployable Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (MDC5ISR) programs. Noteworthy, the five-year contract from the US Naval Air Systems Command’s Naval Air Warfare Center Aircraft Division Webster Outlying Field Special Communications Mission Solutions…

Financial support from the Norwegian authorities and EU’s ASAP program contributes to Kongsberg Defence & Aerospace (KONGSBERG) investing in more than NOK 640 million to increase their missile production capacity. The security policy situation in Europe has increased the need to ensure the availability and supply of ammunition and missiles. Last year, the European commission…

KEY FACTS Fiscal year 2023 Consolidated sales grow by 12% to €7,176 million EBIT before purchase price allocation stands at €968 million Operating result improves by 19% to a new record figure of €918 million Group’s operating margin increases to 12.8% after 12.0% in the previous year Another all-time high in the Rheinmetall backlog of €38.3 billion, increase of 44% (previous year: €26.6 billion) Dividend proposal of €5.70 per share, after…

The Ministry of Defence, India signed a contract worth Rs 2890 Cr with Defence Public Sector Unit Hindustan Aeronautics Limited (HAL) on March 15, 2024 for Mid Life Upgrade (MLU) of 25 Dornier Aircraft along with associated equipment for the Indian Navy. The MLU for Dornier Aircraft includes an upgrade to incorporate state-of-the art Avionics…

A spectacular Passing Out Parade (POP) of third batch of Agniveers (02/2023) was held at INS Chilka, at Odisha on 15 March 24. A total of 2,630 Agniveers including 396 women Agniveers passed out in a post sunset ceremony reviewed by Adm R Hari Kumar, Chief of the Naval Staff. V Adm V Srinivas, Flag…

Indian Army contingent departed for Seychelles today to participate in the Tenth edition of Joint Military Exercise “LAMITIYE-2024” between the Indian Army and Seychelles Defence Forces (SDF). Notably, the Joint Exercise will be conducted at Seychelles from 18-27 March 2024. ‘LAMITIYE’ meaning ‘Friendship’ in the Creole language is a biennial training event and has been…

The State Department of United States (US) has made a determination approving a possible Foreign Military Sale to Poland of AGM-158B-2 Joint Air-to-Surface Standoff Missile with Extended Range (ER) All-Up-Rounds and related elements of logistics and program support. The estimated total cost is $1.77 billion. The Government of Poland has requested to buy up to…

The Indian Navy announced on Saturday that it had intercepted a Maltese-flagged bulk carrier, MV Ruen, hijacked by Somali pirates, demanding their surrender. The operation occurred on Friday when the pirate-occupied vessel reportedly opened fire on an Indian warship in international waters. The navy had ordered the pirates to surrender and release both the vessel…

North Korean leader Kim Jong Un oversaw air warfare drills on Friday and urged “realistic” preparation for combat, state media KCNA said on Saturday, after joint annual drills involving South Korea and the United States wrapped up earlier this week. “Only realistic training directly related to warfare can prepare soldiers as real combat fighters,” Kim…