Defence Industry
India startup AeroShul to build loitering munition swarms for Indian Army: New Delhi: In a significant leap towards modernizing its artillery capabilities, the Indian Army has selected Gurugram-based startup AeroShul Technologies Pvt Ltd to develop its ambitious Multi-Barrel Loitering Munition (MBLM) system. This cutting-edge project, born from the Defence Minister’s ADITI 2.0 initiative, aims to transform existing artillery rocket systems into precision strike platforms with extended range and enhanced lethality.
India will acquire 26 Rafame-M Jets from France in Rs 63,000 crore deal: New Delhi, April 9, 2025 – In a significant move aimed at strengthening its maritime defense capabilities, India’s Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has granted clearance for the procurement of 26 Rafale Marine (Rafale-M) fighter jets from France. This major acquisition, valued at approximately ₹63,000 crore, marks a pivotal moment in the Indian Navy’s modernization efforts.
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.
India startup AeroShul to build loitering munition swarms for Indian Army: New Delhi: In a significant leap towards modernizing its artillery capabilities, the Indian Army has selected Gurugram-based startup AeroShul Technologies Pvt Ltd to develop its ambitious Multi-Barrel Loitering Munition (MBLM) system. This cutting-edge project, born from the Defence Minister’s ADITI 2.0 initiative, aims to transform existing artillery rocket systems into precision strike platforms with extended range and enhanced lethality.
India will acquire 26 Rafame-M Jets from France in Rs 63,000 crore deal: New Delhi, April 9, 2025 – In a significant move aimed at strengthening its maritime defense capabilities, India’s Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has granted clearance for the procurement of 26 Rafale Marine (Rafale-M) fighter jets from France. This major acquisition, valued at approximately ₹63,000 crore, marks a pivotal moment in the Indian Navy’s modernization efforts.
