CUMI ties up with ideaForge for nanomaterial composite parts for drones

Murugappa group company Carborundum Universal Limited (CUMI) has announced its collaboration with drone maker ideaForge Technology to jointly develop nanomaterial reinforced composite parts for drones. To be noted that nanomaterial reinforced composite parts / materials (such as graphene-reinforced polymers) hold the promise of transforming structural parts for aerospace applications. They offer several improvements in physical…

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HSL bags order to build 5 Fleet Support Ships for IN

The Indian Government has given final clearance to a project worth Rs 20,000 Crores to build five Fleet Support Ships (FSS) for the Indian Navy (IN). The five vessels would be built indigenously by the Visakhapatnam-based Defence Ministry’s Hindustan Shipyard Limited (HSL) with the support of multiple Indian private sector small and medium enterprises. Noteworthy,…

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BAE Systems to buy space tech firm Ball Aerospace

BAE Systems plc has entered into a definitive Stock Purchase Agreement to acquire the Ball Aerospace business from Ball Corporation for $5.55 Billion in cash. The deal is expected to close in the first half of next year. The acquisition is most likely expected to boost BAE’s position across a range of activities, particularly in…

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MD Helicopters inks contract for 6 Cayuse Warrior Plus Copters, 6 armed MD530F jets with Middle East Customer

MD Helicopters (MDH) has signed a contract with a Middle East customer to provide six Cayuse Warrior Plus Attack/Scout aircraft with precision weapons capability and six MD 530F glass cockpit upgrades. The twelve aircraft will support counter insurgency and counter terrorism operations by providing area security, tactical reconnaissance, convoy escort, and drug interdiction throughout the…

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DPSU BEL eyes Rs 20300 crore turnover in 2023-24

The Indian Government-owned aerospace and defence electronics company, DPSU BEL (Bharat Electronics Limited) has set a target of Rs 20,300 crore for financial year 2023-24 as demand for indigenous products is driving growth for the company, as reported by PTI. In an interview with PTI, Chairman and Managing Director Bhanu Prakash Srivastava said the order…

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