Industry News

IMR brings you News and Analyses about private and public sector defence industry and developments in government policy affection production, procurement, acquisition, exports, etc.

Model of Netra 2 AEWC&S aircraft with Uttam Radar displayed at Aero india 2025

L3Harris and Thales Compete to Equip India’s Advanced Spy Planes 

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India is advancing its aerial surveillance capabilities by pursuing a fleet of advanced spy planes, with L3Harris Technologies and Thales as leading contenders to...
Bharat Forge has formed a joint venture with Spain's Duma Engineering to establish a new defense technology company

Bharat Forge Partners with Duma Engineering for Defense Innovations

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Bharat Forge, through its subsidiary Kalyani Strategic Systems Limited, has formed a joint venture with Spain's Duma Engineering to establish a new defense technology...
AVNL is partnering with Russian firms to develop a customized variant of the 2S25 Sprut-SD light tank for the Indian Army's Light Tank Competition

AVNL Collaborates with Russia to Customize Sprut Tank for India

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Armoured Vehicles Nigam Limited (AVNL) is partnering with Russian firms to develop a customized variant of the 2S25 Sprut-SD light tank for the Indian...
HAL is ramping up its production of the Combat Air Teaming System (CATS) Warrior UAV to 100 units annually

HAL to Produce 100 CATS Warriors Annually for IAF’s Edge

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Hindustan Aeronautics Limited (HAL) is ramping up its production of the Combat Air Teaming System (CATS) Warrior UAV to 100 units annually, collaborating with...
Drone cameras by Micron Vision Isarel

Paras Defence Partners with MicroCon for Drone Cameras

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Paras Defence and Space Technologies has signed an initial agreement with Israel's MicroCon for the supply of advanced drone camera technology, positioning itself as...
Rafael's Active Protection System Trophy on Israeli MBT Merkava-IV

Rafael and L&T Collaborate to Enhance India’s Combat Vehicle Defense 

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Rafael Advanced Defense Systems and Larsen & Toubro have signed a Memorandum of Understanding to integrate the TROPHY Active Protection System into India's combat...
Indian defence stocks have surged significantly, driven by global military spending boosts

Indian Defence Stocks Soar 20% Amid Global Military Spending Surge 

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Indian defence stocks have surged significantly, driven by global military spending boosts, including Germany's new spending package and the EU's €800 billion rearmament plan....
Pravaig Dynamics electric all-terrain stealth vehicle, VEER

Pravaig’s VEER stealth vehicle triumphs in military trials

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Pravaig Dynamics' all-terrain stealth vehicle, VEER, has successfully completed military trials and received the iDEX award from the Ministry of Defence, marking a significant...
Lockheed Martin F21 Advanced Multirole Fighter

Lockheed Martin Focuses on F-21, Abandoning F-35A for MRFA

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Lockheed Martin has opted not to propose its F-35A for India’s Multi-Role Fighter Aircraft (MRFA) tender due to its small order size and stringent...
The T-600 drone carrying the BAE Systems Sting Ray Mod 2 lightweight torpedo at the Nato REMPUS exercise in Portugal.

GRSE and Apollo Micro Systems Launch Mini-Torpedo for UAVs 

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Garden Reach Shipbuilders & Engineers (GRSE) and Apollo Micro Systems (AMS) have jointly developed a Mini-Torpedo for Unmanned Aerial Vehicles (UAVs) aimed at neutralizing...

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