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Defence & Aerospace

India has called off an order to buy Spike anti-tank guided missiles from Israel’s state-owned defence contractor Rafael, the company said on Wednesday. The deal was worth about $500 million and the announcement of its termination came a couple of weeks before Israeli Prime Minister Benjamin Netanyahu is due to visit India.An Indian Defence Ministry […]

BDL, A public sector company, will set up a 5-M.W. solar photovoltaic power project at it Bhanur missile production unit in Telangana. Union Minister for Defence and Finance, Arun Jaitley, had formally launched the Rs. 29-crore plant on Sunday. It will have a payback period of 4.3 years on the capital cost. BDL, the country’s […]

Hyderabad unit to supply anti-tank guided missiles to Army India’s first private sector missile sub-systems manufacturing facility, a joint venture between the $2.5 billion Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd., was inaugurated near Hyderabad on Thursday.To begin with, the Kalyani Rafael Advanced Systems (KRAS) plant will make anti-tank guided missile (ATGM) Spike […]

In less than 10 months of commencing work, Kalyani Rafael Advanced Systems (KRAS), a joint venture between Kalyani Strategic Systems Ltd and Rafael Advanced Defense Systems Ltd. of Israel, has inaugurated a facility to manufacture missile systems. Located about 40 km from here and close to the new international airport, the project will manufacture anti-tank […]

Telecom solutions provider Himachal Futuristic Communications Ltd is all set to enter defence equipment manufacturing business as part of its ‘Make in India’ initiative. The Delhi-based company has already obtained industrial licences to manufacture a wide range of products for the defence sector such as electronic fuses, electro optical devices, communication equipment, including the permits […]

Tata Motors, Bharat Forge and General Dynamics have forged an alliance to bid for the $11 billion (Rs 78,000 crore) project of making combat infantry vehicles for the Indian Army under the Future Infantry Combat Vehicle (FICV) Programme. Responding to a query, Tata Motors said: “We confirm partnering with Bharat Forge for local manufacturing of […]