Sona BLW Precision Forgings Ltd has revised its business transfer agreement (BTA) with Escorts Kubota, moving up the expected completion date for acquiring the Railway Equipment Division (RED) from September 2025 to May 1, 2025. The company’s board approved the amendments during a meeting on February 10, 2025, according to a regulatory filing. Transaction Terms […]
Baldota Group has announced plans to invest Rs 54,000 crore in establishing an integrated steel plant in Koppal taluk, Karnataka. The plant, which will operate under Baldota Steel and Power Limited, will have a production capacity of 10.50 million tons per annum. According to a press statement by Rahul Kumar N Baldota, joint managing director […]
Thales UK and Bharat Dynamics Limited (BDL) have signed a contract at Aero India 2025 to supply the Indian Army with Laser Beam-Riding Man-Portable Air Defence Systems (LBRM) and STARStreak High-Velocity Missiles (HVM). The deal includes the replacement of existing Russian Igla-S systems, with deliveries expected later this year. The agreement integrates BDL into Thales’ […]
HENSOLDT emphasizes its commitment to local manufacturing and technology transfer at Aero India 2025, showcasing its airborne sensor technologies while expanding industrial partnerships in India. The company is working with Indian defence manufacturers to establish localized production and system integration capabilities, supporting India’s push for increased self-reliance in defence technology. HENSOLDT’s manufacturing initiatives include technology […]
Bharat Dynamics Limited (BDL) and Rafael Advanced Defense Systems Ltd. (Rafael) are moving forward with a Technical Collaboration Agreement (TCA) to enable local production of the Spike LR2, a fifth-generation anti-tank guided missile (ATGM) in India. The agreement follows a previously signed Memorandum of Understanding (MoU) and is expected to facilitate the transfer of manufacturing […]
Rafael Advanced Defense Systems Ltd. and Bharat Dynamics Limited (BDL) have signed a Memorandum of Understanding (MoU) to facilitate the production of the Ice Breaker, a long-range autonomous precision-guided weapon system, in India. The agreement aims to offer the missile system to the Indian armed forces and includes provisions for technology transfer. Under the MoU, […]
Rafael Advanced Defense Systems Ltd. and Centum Electronics have signed a Teaming Agreement to collaborate on technology development in spectrum dominance, spectrum situational awareness, and artificial intelligence-based intelligence and decision support systems for the Indian Armed Forces. According to a press release issued by the companies, the agreement builds on their existing cooperation in the […]
Cochin Shipyard has signed a land lease agreement with the Cochin Port Authority to establish a new shipbuilding facility. The project will be developed in collaboration with a foreign partner. The expansion will increase Cochin Shipyard’s capacity for shipbuilding and repairs. It will add to the company’s existing ₹1,799 crore dry dock and support the […]
Heat and Control, an engineering and manufacturing company, has commenced construction on a new manufacturing facility in Chennai, India, with a groundbreaking ceremony held on 3rd February 2025. The facility, located in Mahindra World City near the company’s existing manufacturing unit, is expected to be completed by late 2025. The new facility is intended to […]
The United Engine Corporation (UEC) is exhibiting its latest aero-engine developments at Aero India 2025, including the VK-650V turboshaft engine, the 177S engine for tactical aircraft, and the AL-55E engine for the Indian HJT-36 intermediate jet trainer. The VK-650V turboshaft engine, which has completed certification and is ready for series production, is designed for the […]
