DEFENCE INDUSTRY

In 15 per cent increase, defence allocation hiked to Rs 5.94 lakh crore in 2023-24 budget

New Delhi. In presenting the union budget for 2023-24, on February 1, Finance Minister Nirmala Sitharaman has increased the defence ministry’s allocation from the previous year’s Rs 5.25 lakh crore to ₹5.94 lakh crore. In the budget, a total of ₹1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, …

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February 1, 2023
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Godrej Aerospace delivers BrahMos Technology Booster

Mumbai, January 30. Godrej Aerospace, a unit of Godrej & Boyce Mfg. Co. Ltd., today handed over a `Technology Booster’ for the BrahMos project to Mr. AtulRane, OS & Director General (BrahMos), DRDO and CEO & MD BrahMos Aerospace in the presence of Dr. G Raja Singh, Project Director, BrahMos – DRDL, Captain (IN) D …

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January 31, 2023
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Boeing Awarded US Air Force Contract for 15 KC-46A Tankers

138 KC-46A aerial refuelers are on order globally Multi-mission Pegasus provides advanced capabilities for the joint force and allies EVERETT, Wash., January 30. The US Air Force has awarded Boeing a $2.3 billion contract for the ninth production lot of 15 KC-46A Pegasus tanker aircraft, expanding its fleet of the world’s most advanced multi-mission aerial …

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January 30, 2023
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Lockheed Martin Announces Successful First Flight of F-16 Block 70 Aircraft

GREENVILLE, S.C. On January 24 Lockheed Martin announced the successful first flight of the F-16 Block 70 at its Greenville, South Carolina site. The flight occurred Jan. 24 at 9:17 a.m. ET, with Lockheed Martin test pilots Dwayne “Pro” Opella and Monessa “Siren” Balzhiser at the helm. Total flight time was approximately 50 minutes and …

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January 27, 2023
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DE&S and Team Resolute sign Fleet Solid Support ships contract

Madrid, Spain, January 18. DE&S has awarded a £1.6 billion contract to Team Resolute to manufacture the vessels providing munitions, stores and provisions to the Royal Navy’s aircraft carriers, destroyers and frigates. Creating 1,200 UK shipyard jobs, hundreds of graduate and apprentice opportunities and an expected 800 further jobs across the UK supply chain, the …

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January 27, 2023
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Boeing Awarded US Army Contract for Next Generation Diagnostic Tool

Next Generation Automated Test System (NGATS) provides mobile diagnostic testing Units exceed expectations in Fix-Forward isolation, detection, saving over $26 million in five months for one Armored Brigade Combat Team RIDLEY PARK, Pa., January 26. The US Army has selected Boeing to produce additional Next Generation Automated Test System (NGATS) units with a contract award …

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January 26, 2023
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Elbit Systems Signs Contract to Provide DIRCM Service Center for NATO

Haifa, Israel. Elbit Systems Ltd. announced on January 24, the signature of a five year in-service support contract with the NATO Support and Procurement Agency (NSPA)  for the Direct Infrared Counter Measures (“DIRCM”) systems supplied to the Multinational Multi-Role Tanker Transport (MRTT) fleet.The contract includes the establishment of a service center, located at NSPA, to …

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January 24, 2023
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Republic Day Parade 2023: DRDO to showcase tableau on surveillance, communication & neutralizing threats; Indigenously-developed Wheeled Armoured Platform to be also on display

New Delhi, January 24. Delivering on its mandate of developing state-of-the art defence systems, Defence Research & Development Organisation (DRDO)will showcase one tableau and one equipment during Republic Day parade at Kartavya Path on January 26, 2023. ‘Securing Nation with Effective Surveillance, Communication and Neutralizing Threats’ is the theme of the first tableau of DRDO. …

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January 24, 2023
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Orpheus: Radicalising ways of working

In the business of defence, maintaining a strategic advantage requires the ability to push the boundaries of what we know is possible. For our development teams at Rolls-Royce Defence in the UK, that means finding ways to increase the pace of innovation, product development and deployment that will enable new and future air combat system …

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January 24, 2023
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Rajnath Singh reviews Aero India 2023 preparations during apex committee meeting in New Delhi

14th edition to be the largest ever aero show organised in an area of around 35,000 sqm; 731 exhibitors register till date New Delhi. Defence Minister Rajnath Singh reviewed the preparations of the forthcoming Aero India during the apex committee meeting held in New Delhi on January 24. He was given a detailed account of …

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January 24, 2023
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