New Delhi: India‘s navy and state-run Bharat Electronics Limited (BEL) will jointly set up a Technology Incubation Forum, to promote innovation and creativity in developing futuristic technologies. Indian Navy and BEL signed a Memorandum of Understanding (MoU) here today at the naval headquarters here, according to an official […]
(Editor’s Note: Adds SIDM statement on the Second Positive Indigenisation List at Paragraph 16.) New Delhi: India today announced the addition of 108 defence platforms and equipment to a list of items that are banned from imports, further boosting the Narendra Modi government’s resolve to give preference to […]
New Delhi: India today said it has successfully tested a 5.56x30mm protective carbine designed by its defence research agency, clearing its way for induction into the armed forces. The Defence Research and Development Organisation (DRDO) had designed the Joint Venture Protective Carbine (JVPC) and the latest tests were […]
New Delhi: American defence major Lockheed Martin (NYSE: LMT) has appointed William (Bill) Blair as vice president and chief executive for the company’s operations in India. In this role, Blair will lead the growth and development of Lockheed Martin’s business in India and serve as the executive representative […]
New Delhi: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
New Delhi: India today decided to revise its defence procurement rules, to simplify the acquisition process of arms and ammunition, apart from making the procedures inclusive of the entire military industrial ecosystem. The exercise is to be completed in six months from now. Minister of Defence Rajnath Singh […]
