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.

R. Madhavan, CMD, HAL and Franck Saudo, CEO, Safran Helicopter Engines at the signing of the MoU on Helicopter Engines MRO

HAL and Safran sign MoU to extend cooperation for new helicopter engines

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Safran Helicopter Engines and Hindustan Aeronautics Limited (HAL) have signed a “Memorandum of Understanding” to extend their cooperation and explore opportunities for new helicopter...
L&T shipbuilding facility in Hazira

Larsen & Toubro, Navy sign contract for acquisition of two Multi-Purpose Vessels

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The Ministry of Defence signed a contract, on 25 Mar 2022, with Larsen & Toubro for acquisition of two Multi-Purpose Vessels (MPVs) for the...
Dhanush 155mm towed guns

Dhanush 155mm Gun Clears Firing Test

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India’s much-delayed project for indigenous artillery seems to be finally reaching its conclusion, with the towed howitzer, Dhanush, clearing firing trials and the Advanced...
Defence Minister Rajnath Singh with Finance Minister Sitharaman at a defence exhibition

Imports of 101 more weapons, systems to be phased out

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In a renewed push to aatmanirbharta (self-reliance) in defence, India, on 7 April, published a new list of 101 weapons and systems that will...
Premier Explosives will set up primary explosives plant on turnkey basis to HEMRL, DRDO

Premier Explosives secures two orders of Rs 18 cr from DRDO

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Premier Explosives bagged two orders from DRDO worth a total of Rs 17.70 crore. The two orders are: a) supply of primary explosives plant on...
MoD has signed up a design and development contract NewSpace Research & Technologies to develop a High Altitude Pseudo Satellite (HAPS)

MoD signs up Bengaluru startup for pseudo satellite deal

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The ministry of defence has signed up a design and development contract with a Bengaluru-based NewSpace Research & Technologies to develop a High Altitude...
C295MW aircraft wil be manufactured at Dholae Special Investmant Region of Gujarat

Airbus-Tata Aircraft Manufacturing Facility Likely In Gujarat

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India’s first private sector aircraft manufacturing facility and its associated industrial ecosystem are likely to be located at the Dholera Special Investment Region in...
BDL expects orders worth Rs 25,000 cr over next 2-3 yrs for Akash and Astra missile systems

BDL expects orders worth Rs 25,000 cr over next 2-3 yrs

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Bharat Dynamics posted a strong set of Q3 earnings on a low base. The revenue was driven by high execution and margin has also...
The govt has given the green light to set up an independent body for testing and certification requirements of Indian weapon systems

Nodal body likely for make-in-India weapons systems

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As a first major step towards “Atmanirbharta” or self-reliance, the defence ministry has approached the Union Cabinet to green light setting up of an...
The govt has approved the acquisition of the long awaited Indian Light Tank. A light Sprut-SDM1 tank in Moscow

Defence projects under Make-I, Make-II get approval

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The government, on 3 March 2022, accorded in-principle approval to four projects which are under Make-I (this is funded by the government) and five...

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