Investment & Precision Castings Limited (I&PCL) has received a contract from PLR Systems Private Limited for the supply of precision investment casting components intended for defence applications. The financial details of the deal have not been disclosed. PLR Systems is a joint venture between the Adani Group and Israel Weapon Industries (IWI), engaged in the […]
Nibe Limited, a manufacturing company in the defence and aerospace sectors, has secured an international purchase order valued at USD 17.52 million (approximately INR 1.51 billion) for the manufacture and supply of Universal Rocket Launchers with a range of up to 300 kilometres. The contract is scheduled for completion on or before November 2027. The […]
Paras Defence and Space Technologies Ltd. has formed a joint venture with Israel-based HevenDrones to produce hydrogen-powered unmanned aerial vehicles (UAVs) in India. The new entity, named “Paras Heven Drones India,” will focus on logistics drones with payload capacities ranging from 10 kg to 40 kg, targeting both defence and civilian markets. The 51:49 partnership, […]
Israel Aerospace Industries (IAI) and DCX Systems Limited have established a new joint venture, ELTX, to manufacture and develop defence electronics in India. The venture will focus on technologies including airborne radars and ground systems for use in the Indian defence sector. According to information released by the companies, ELTX will facilitate the transfer of […]
EVR Motors has commenced manufacturing of its Trapezoidal Stator Radial Flux (TSRF) electric motors at a new production line established at Napino Auto & Electronics Ltd’s facility in Halol, Gujarat. The production line marks the company’s first for this specific motor design. The initiative is a collaboration between EVR Motors and Napino Auto & Electronics. […]
Paras Defence and Space Technologies has signed a memorandum of understanding (MoU) with MicroCon Vision, a subsidiary of CONTROP and a member of Rafael Group, Israel. The agreement establishes an exclusive collaboration for the development, integration, and deployment of Micro ISR (Intelligence, Surveillance, and Reconnaissance) payloads in India. According to the company, the partnership aims […]
Samvardhana Motherson International Limited (SMIL) has announced that its subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V.), will invest between USD 5 million and USD 7 million in REE Automotive Ltd. According to a regulatory filing, the investment is aimed at maintaining SMRP B.V.’s existing ownership percentage in REE Automotive as the latter raises […]
MIL Power Converter has inaugurated a manufacturing facility at Manesar, Gurugram, in the Delhi-NCR region. The facility was opened by Daniel Bernstein, President and CEO of Bel Fuse Inc., alongside Enercon Technologies CEO Eyal Shary. This development follows Bel Fuse Inc.’s acquisition of an 80% stake in Enercon Technologies Ltd. for $320 million in November […]
Rafael Advanced Defence Systems and Larsen & Toubro (L&T) have signed a Memorandum of Understanding (MoU) during Aero India 2025 to collaborate on offering the TROPHY Active Protection System (APS) for integration into Indian defence platforms. TROPHY APS is a battlefield technology designed to protect armoured vehicles and other platforms from threats, including guided munitions […]
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 […]
