Private Industry to Bid For MRO of Tanks
The defence ministry had put out a Request for Information (RFI) to invite bids from vendors willing to undertake operations of 505 Army Base...
Defence Industry News June 2020
The Indian Air Force (IAF) is considering a a proposal for procuring the indigenous basic trainer aircraft, Hindustan Turbo Trainer 40 (HTT-40), from Hindustan...
Reforms in Defence Procurement Announced
In a big push for ‘Make in India’ for the defence sector, Finance Minister Nirmala Sitharaman announced, on 16 May, a slew of measures...
China Hikes Defence Budget by 6.6 Per Cent
China has hiked its defence budget from last year’s $177.6 billion to USD 179 billion, nearly three times that of India, the lowest increment...
Industry News
MIDHANI Develops Pure Nickel Wire For Ventilators
Mishra Mishra Dhatu Nigam Limited (MIDHANI) has developed 99.6 percent pure Nickel wire of dia 158 microns for...
Impact of COVID-19 on Aerospace & Defence MSMEs
Covid-19 pandemic continues to disrupt businesses, international trade, economy and supply chains across the world in addition to adverse impact on day-to-day lives of...
L&T Wins Army’s IT-Network Contract
Engineering and construction giant Larsen & Toubro said, on 7 April, that Smart World and Communication Business of L&T Construction had won a 'large'...
The Small Arms Market Scenario in India
The Ministry of Defence (MoD) signed an Rs 880 crore ($117.8 million) contract with Israel Weapon Industries (IWI) on 19 March for 16,749 Negev...
IAF MODERNISATION: Tata Power SED to Modernise 37 Airfields
The Ministry of Defence (MoD) signed a contract for Modernisation of Air Field Infrastructure (MAFI) of 37 airfields for Indian Air Force (IAF), Indian...
DEFENCE PROCUREMENT : Draft DPP 2020 Revealed
Hindustan Aeronautics Ltd (HAL), on 16 March, announced the payment of interim dividend of Rs 33.25 per share, entailing a payout of around Rs...
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