Defence Industry
Rheinmetall acquires Loc Performance Products: Plymouth, Michigan – Rheinmetall AG, a leading global technology group, has successfully completed its acquisition of Loc Performance Products, LLC, a renowned U.S.-based vehicle specialist. This strategic move solidifies Rheinmetall’s position in the North American market, particularly in the competitive landscape for high-volume military vehicle contracts within the United States.
India-Australia Defence Cooperation: New Delhi, India – [21 November] – India and Australia have further solidified their strategic partnership by signing a significant agreement on mid-air refueling. This landmark deal will enhance the operational capabilities of both countries’ air forces, enabling long-range missions and extended deployment duration.
Electric Propulsion System for Indian Navy’s Future Warships: Building on their growing strategic partnership, India and the United Kingdom signed a significant agreement on November 28th, 2024, to co-design, co-develop, and co-produce electric propulsion systems for the Indian Navy’s next-generation warships. This landmark agreement, formalized as a Statement of Intent (SoI) during the third meeting of the India-UK electric propulsion capability partnership working group in Portsmouth, UK, marks a crucial step towards modernization and technological advancement for the Indian Navy
Sajid Fareed Shapoo, IPS joins BEML as CVO: Bangalore: BEML Limited has announced the appointment of Dr Sajid Farid Shapoo as its new Chief Vigilance Officer (CVO). Dr Shapoo is an Indian Police Service (IPS) officer from the 1998 batch of the Madhya Pradesh cadre. Dr Shapoo has served in key leadership roles, including as Superintendent of Police in Bhind, Satna, Shivpuri, and Dewas districts of Madhya Pradesh.
Sajid Fareed Shapoo, IPS joins BEML as CVO: Bangalore: BEML Limited has announced the appointment of Dr Sajid Farid Shapoo as its new Chief Vigilance Officer (CVO). Dr Shapoo is an Indian Police Service (IPS) officer from the 1998 batch of the Madhya Pradesh cadre. Dr Shapoo has served in key leadership roles, including as Superintendent of Police in Bhind, Satna, Shivpuri, and Dewas districts of Madhya Pradesh.
SAIL-John Cockerill India MoU: New Delhi, November 29, 2024 – In a strategic move to bolster India’s manufacturing and defense capabilities, Steel Authority of India Limited (SAIL) has announced a significant partnership with John Cockerill India to produce specialized steel products. The collaboration, formally unveiled yesterday, is set to enhance India’s self-reliance in the defense and aerospace sectors by producing high-quality steel tailored for critical applications, including defense-grade equipment, heavy industries, and high-end infrastructure projects.
IAI’s NeuSphere India Startup Accelerator Programme : New Delhi, India (November 26, 2024) – Israel Aerospace Industries (IAI), a global leader in aerospace and defense, has launched its NeuSphere Innovation Acceleration Program in India. This initiative aims to foster innovation and accelerate the growth of Indian deep-tech startups. By providing a platform for collaboration and mentorship, NeuSphere seeks to drive technological advancements and strengthen India’s position as a global innovation hub.
