Defence

Tychon Global Systems to Invest INR 5 Billion in Ammunition Manufacturing Facility in Thoothukudi

Tychon Global Systems Private Limited has signed a memorandum of understanding (MoU) to establish an ammunition manufacturing facility in Thoothukudi district, Tamil Nadu. The project involves an investment of INR 5 billion and is expected to generate 550 jobs, strengthening the state’s defence manufacturing ecosystem. The proposed unit will undertake end-to-end production of 30 mm […]

PMI Engineering Exports to Invest INR 5 Billion in Precision Aerospace Facility in Sriperumbudur

PMI Engineering Exports Private Limited will invest INR 5 billion to establish a precision aerospace manufacturing facility in Sriperumbudur, Tamil Nadu. The project is expected to create 1,000 employment opportunities and will manufacture flight-critical components for civil aviation and defence applications. The facility will undertake raw material cutting, precision machining, cleaning and finishing processes. Production […]

BEL and SASMOS HET Technologies Sign MoU to Collaborate on Defence Technologies

Bharat Electronics Limited (BEL) and SASMOS HET Technologies Ltd signed a memorandum of understanding (MoU) on 16 February 2026 to collaborate on advanced defence technologies. The agreement was signed in Bengaluru and focuses on co-development and co-indigenisation across multiple defence domains. The MoU covers collaboration in Fibre Optics and Photonics, Tank Electronics, Naval Systems and […]

BEL, Safran Electronics & Defense Sign Joint Venture Agreement to Produce HAMMER Guided Weapon in India

Bharat Electronics Limited (BEL) signed a joint venture agreement with Safran Electronics & Defense (SED), France, to establish a joint venture company for the production of the Highly Agile Modular Munition Extended Range (HAMMER) smart precision-guided air-to-ground weapon in India. The operationalisation of the agreement is subject to regulatory and administrative approvals in both countries. […]

TVS Supply Chain Solutions signs MoU with ALA Group to target India aerospace and defence market

TVS Supply Chain Solutions Limited has signed a memorandum of understanding (MoU) with Italy-based ALA Group to collaborate on opportunities in India’s aerospace and defence supply chain market, estimated at approximately USD 28 billion. The agreement, announced on 16 February 2026, establishes a strategic framework to jointly pursue opportunities, initially in India with potential to […]