Nibe Limited has entered into a supply contract with the Indian Army under the Ministry of Defence for the manufacturing and supply of ground equipment, accessories, ESP and ammunition for a universal rocket launcher system. The total consideration for the contract is INR 2.93 billion, inclusive of all taxes and duties. The contract relates to […]
Tembo Classic Engineering Private Limited, a subsidiary of Tembo Global Industries Limited, has received a defence manufacturing licence from the Government of Maharashtra to set up a small arms manufacturing facility in the state. The approval marks the company’s entry into India’s defence manufacturing segment and enables it to proceed with plans for a dedicated […]
Defence Research and Development Organisation (DRDO) secured procurement approvals valued at approximately INR 1.30 trillion in 2025 for the induction of domestically developed defence systems, marking the highest value cleared in any single year. The approvals were accorded through 22 Acceptance of Necessity decisions, enabling large-scale manufacturing by Indian industry and signalling a significant expansion […]
Fincantieri Group secured a contract through its subsidiary WASS Submarine Systems S.R.L. to supply heavyweight torpedoes to the Indian Navy for deployment on six Kalvari-class submarines under Project 75. The contract covers the procurement and integration of 48 Black Shark Advanced heavyweight torpedoes along with associated equipment, with deliveries scheduled between 2028 and early 2030. […]
PLR Systems Private Limited, a joint venture subsidiary of Adani Defence & Aerospace and Israel Weapon Industries, has secured a Close Quarter Battle (CQB) Carbine supply contract from the Indian Ministry of Defence under a procurement programme signed on 30 December 2025. The contract forms part of a broader CQB Carbine acquisition for the Indian […]
Bharat Forge Limited has secured a contract valued at INR 16.62 billion from the Ministry of Defence for the supply of close-quarter battle (CQB) carbines to the Indian Army. The contract, signed on 30 December 2025, covers the manufacture and delivery of 255,128 CQB carbines chambered in 5.56 x 45 mm calibre, with execution scheduled […]
CoreEL Technologies Private Limited, an aerospace and defence electronics company, has raised USD 30 million, equivalent to INR 2.5 billion, in a Series B funding round to support its next phase of growth. The funding is aimed at expanding manufacturing capacity, strengthening research and development, advancing product engineering, and supporting large and complex defence programmes. […]
Sasmos, a provider of design and manufacturing solutions for defence and aerospace platforms, has delivered the first production batch of wiring harnesses for a high-power radar programme to L&T Precision Engineering & Systems. The initial delivery comprises 200 high-power radar wiring harness sets and marks the first execution milestone under a strategic multi-year contract awarded […]
Belrise Industries Limited entered into a cooperation pact with Israel-based Plasan Sasa to jointly pursue opportunities related to ATEMM (All-Terrain Electric Mission Module) platforms for the Indian defence market. The agreement establishes an exclusive framework for technical and business collaboration, with a focus on defence programmes and tenders issued by Indian government authorities. The agreement […]
India Optel Limited, a defence public sector undertaking, has signed a collaboration agreement with Safran Electronics & Defense to enable the manufacture of two high-precision systems in India, marking a shift from overseas procurement to domestic production for critical land warfare technologies. The agreement was signed on 22 December 2025 in New Delhi and covers […]
