Defence PSU BEL achieves record turnover of Rs 19700 Cr

Defence PSU BEL (Bharat Electronics Limited) has achieved a turnover of around Rs. 19700 Cr (Provisional & Unaudited), during the Financial Year 2023-24, against the previous year’s turnover of Rs. 17,333 Cr registering a growth of 13.65%. Noteworthy, BEL is a Navratna Defence Public Sector Undertaking (DPSU) under the Ministry of Defence, Government of India….

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Finland signs 10-year security pact with Ukraine to step up military aid

Finland has signed a 10-year security pact with Ukraine and will send it a further 188 million euros ($203 million) in military aid, Finnish President Alexander Stubb said after meeting Ukrainian counterpart Volodymyr Zelenskiy in Kyiv. Noteworthy, the accord covers security cooperation and long-term support including backing for Ukraine’s defence and security against two-year-old Russia’s…

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Rolls-Royce welcomes Australian investment in AUKUS preparation plans

Rolls-Royce welcomed the announcement that the Australian Government would be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry of Defence (MOD). AUKUS, also styled as Aukus, is a trilateral security partnership for the Indo-Pacific region between Australia, the United Kingdom, and the United States. Announced on…

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