DefenceSpace

NSA Ajit Doval meets Russian counterpart; discuss bilateral cooperation

National Security Advisor (NSA) Ajit Doval held a bilateral meeting with Russian Security Council Secretary Nikolai Patrushev last week and both sides reviewed progress in bilateral cooperation and discussed important issues of mutual interest. NSA Ajit Doval held the meeting on the sidelines of the XII International Meeting of High-Ranking Officials Responsible for Security Matters…

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ICG seizes 86kg narcotics worth Rs 600 Cr; apprehends 14 crew members of the Pakistani Vessel

The Indian Coast Guard (ICG) in collaboration with the Anti-terrorism Squad (ATS) and Narcotics Control Bureau (NCB), seized 86 kg of narcotics valued Rs 600 Crores (Cr) and apprehended 14 crew members from the Pakistani vessel in a meticulously planned anti-narcotics operation at sea on April 28, 2024. The ICG ship Rajratan, equipped with ATS…

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Spain to modernise air defence capabilities with new NASAMS acquisitions

The Spanish Armaments Directorate,  Dirección General de Armamento y Material (DGAM), has filed a notification of award for the NASAMS modernisation programme. This programme will significantly increase the existing NASAMS capability of Spain and further strengthen the cooperation between Spain and Norway. The contract is expected to be signed in May 2024. Noteworthy, NASAMS is…

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Lockheed Martin Reports First Quarter 2024 Financial Results

Lockheed Martin Corporation reported first quarter 2024 net sales of $17.2 billion, compared to $15.1 billion in the first quarter of 2023. Net earnings in the first quarter of 2024 were $1.5 billion, or $6.39 per share, compared to $1.7 billion or $6.61 per share, in the first quarter of 2023. Cash from operations was $1.6 billion in both the first quarters of 2024 and 2023….

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IAF ushers in Digital Transformation with DigiLocker Integration

The Indian Air Force (IAF) embarked on a transformative digital journey by integrating with the DigiLocker platform, a flagship initiative under the Digital India programme on April 26, 2024. In a ceremonial event held at Air Headquarters, Vayu Bhawan, the IAF and Ministry of Electronics and Information Technology (MeitY) signed the  momentous Memorandum of Understanding…

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Rheinmetall awarded framework contract by Germany for tactical communications

Rheinmetall has been commissioned by the Bundeswehr (the armed forces of the Federal Republic of Germany) in a key project for tactical communications which is of cross-sectional importance for the entire force. The technology company has been contracted to supply up to 191,000 sets of the “intercom with hearing protection function”. The framework contract has…

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Airbus reports First Quarter 2024 results

Airbus, the European multinational aerospace corporation, has reported consolidated financial results for its First Quarter (Q1) ended 31 March 2024. Notably, the Gross commercial aircraft orders totaled 170 (Q1 2023: 156 aircraft) with the same number of net orders due to no cancellations (Q1 2023 net orders: 142 aircraft). Further, the order backlog amounted to…

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