Defence Industry
Hanwha Aerospace-Larsen & Toubro will supply 100 more K9-Vajra to Indian Army: New Delhi, India – A significant step in the burgeoning defense partnership between South Korea and India was solidified with the signing of a new contract between Hanwha Aerospace and Larsen & Toubro (L&T) for the supply of components for an additional 100 K9 Vajra-T 155mm/52-caliber Self-Propelled Howitzers to the Indian Army. The signing ceremony, held at the Embassy of the Republic of Korea in New Delhi, underscored the strategic importance of this collaboration for both nations.
India HAL Financial Result FY 2024-25: Bengaluru, India – Hindustan Aeronautics Limited (HAL), a cornerstone of India’s defense manufacturing, has announced a provisional revenue of Rs 30,400 crore (approximately $3.648 billion USD) for the financial year 2024-25, demonstrating resilience amidst significant supply chain disruptions and operational setbacks.
GRSE Bags MPV Contract from Germany’s Carsten Rehder: Kolkata/Hamburg, Germany – Garden Reach Shipbuilders and Engineers (GRSE) Ltd. has signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG, Germany, on March 24, 2025, for the construction and delivery of the 7th and 8th Multi-Purpose Vessels (MPV) of 7,500 DWT. The agreement, signed in Hamburg, Germany, represents a continuation of the “Option Agreement” between the two parties, bringing the total order to eight vessels with an approximate value of US $108 million.
Indian Air Force Air Marshal Jeetendra Mishra: New Delhi, January 01, 2025: Air Marshal Jeetendra Mishra assumed command of the Indian Air Force’s Western Air Command in a ceremony held today. Air Marshal Mishra, a fighter pilot commissioned in 1986, is an alumnus of prestigious institutions like the National Defence Academy (Pune), Air Force Test Pilots School (Bangalore), Air Command and Staff College (USA), and Royal College of Defence Studies (UK).
India HAL Financial Result FY 2024-25: Bengaluru, India – Hindustan Aeronautics Limited (HAL), a cornerstone of India’s defense manufacturing, has announced a provisional revenue of Rs 30,400 crore (approximately $3.648 billion USD) for the financial year 2024-25, demonstrating resilience amidst significant supply chain disruptions and operational setbacks.
Ashok Leyland Bags Rs 700 Crore Indian Army Vehicle Order: Chennai, India – Hinduja Group’s Ashok Leyland announced on Friday that its defence business has been awarded multiple orders valued at over Rs 700 crore ($81.9 million) to supply a range of logistics vehicles to the Indian Army. Deliveries of these vehicles are scheduled to commence in the next financial year.
Hanwha Aerospace-Larsen & Toubro will supply 100 more K9-Vajra to Indian Army: New Delhi, India – A significant step in the burgeoning defense partnership between South Korea and India was solidified with the signing of a new contract between Hanwha Aerospace and Larsen & Toubro (L&T) for the supply of components for an additional 100 K9 Vajra-T 155mm/52-caliber Self-Propelled Howitzers to the Indian Army. The signing ceremony, held at the Embassy of the Republic of Korea in New Delhi, underscored the strategic importance of this collaboration for both nations.
