Kineco Aerospace & Defence has signed a multi-million-dollar contract with GKN Aerospace for the supply of composite components for business jets. The agreement was formalized in Paris and is expected to involve the production of lightweight aircraft parts. While specific contract details were not disclosed, Kineco Aerospace & Defence chairman and managing director Shekhar Sardessai […]
Rangsons Aerospace has raised INR 3 billion (USD 36.5 million) in an investment round led by ValueQuest Investment Advisors, with Anand Rathi Advisors acting as the financial advisor. The funding aims to enhance the company’s operational capacity and facilitate growth into new business areas through strategic acquisitions. In January 2024, Rangsons Aerospace entered into a […]
Bharat Electronics Limited (BEL) has signed a contract worth INR 24.63 billion with the Ministry of Defence for the supply and services of Ashwini Radars. The radars are fully indigenous, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL. Ashwini Radars are Active Electronically Scanned Array (AESA) systems with integrated Identification Friend […]
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has approved the production of over 60 LVM-3 rockets in collaboration with private companies. The manufacturing process is expected to span 12 to 14 years, generating an estimated INR 250 billion in business for private firms. Speaking at the Bharat Space Conclave organized by FICCI, IN-SPACe […]
Sakthi Aircraft Industry Private Limited (SAIPL) and the Aero Club of India (ACI) have signed an agreement to manufacture 200 Diamond DA40 NG trainer aircraft in India. The production is scheduled to begin with the first deliveries expected by May 2025, and annual output projected to reach 100 aircraft. Under the agreement, SAIPL will establish […]
Alpha Tocol Engineering Services Private Ltd has delivered the first rear fuselage for the Light Combat Aircraft (LCA) Mk1A to Hindustan Aeronautics Limited (HAL). The handover event took place at HAL’s Aircraft Division in Bengaluru, with defence officials and industry representatives in attendance. The rear fuselage, a key structural component supporting the tail section, is […]
Avantel Limited has announced a partnership with Safran Space to develop satellite ground segment capabilities in India. The collaboration aims to design, manufacture, and integrate multi-band antennas to support satellite communication needs in the region. According to an update issued by Avantel, the company will leverage its facilities in Hyderabad and Visakhapatnam for the project. […]
Magellan Aerospace Corporation and Aequs Private Limited have signed a Memorandum of Understanding (MoU) to explore the development of a 50/50 jointly owned aerospace sand casting facility in Belagavi, Karnataka. The proposed facility, located within the Belagavi Aerospace Cluster, would aim to expand sand casting capacity to support commercial and defence aerospace manufacturing. India currently […]
Collins Aerospace has established a new Engineering Development and Test Centre (EDTC) in Bengaluru to support its aviation component manufacturing and certification processes, according to a report by The Hindu Business Line. The company has invested approximately $25 million in the facility as part of a broader $200 million investment in India. According to Collins […]
Motherson, through its subsidiary CIM Tools India Pvt. Ltd., has been selected as a Tier 1 supplier for Airbus commercial aircraft. The company has signed a multi-year contract to manufacture and supply aerospace components and assemblies directly to Airbus’ final assembly lines. Production will be carried out at Motherson’s aerospace facility in Bengaluru, India. Motherson […]