Defence Industry
IG Drones revenue up by 330% in 2024-25, targets ₹100 crore
Private drone maker IG Drones has recorded a remarkable 330 percent year-on-year revenue growth in FY25, reaching ₹22.4 crore compared to ₹5.17 crore in FY24.
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DRDO successfully tests advanced laser weapon, India joins elite club
India has achieved a significant milestone in defence technology with the successful trial of the Mk-II(A) laser-directed energy weapon (DEW) system.
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HAL issues clarifications on picking PwC for R&D activities, ALH Dhruv
HAL issued a clarification stating that it has hired the consultancy firm PwC to benchmark its R&D framework against global aerospace and defence companies.
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DRDO successfully tests LGRB ‘Gaurav’ from Sukhoi-30MKI
The DRDO has successfully conducted a “release trials” of long-range glide bomb “Gaurav” from an Indian Air Force Sukhoi-30MKI.
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MoD inks contract with BEL for IAF’s electronic warfare suites
In a major boost for self-reliance in the defence manufacturing sector, the defence ministry has inked a ₹2,385 crore contract with Bharat Electronics Limited to buy electronic warfare suites, modification kits and associated equipment for the IAF’s Mi-17 V5 helicopters.
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India’s defence exports up 12.04% at ₹23,622 crore in FY 2024-25
The Ministry of Defence announced that India’s defence exports have witnessed a growth of 12.04 per cent, reaching ₹23,622 crore in FY 2024-25 compared to ₹21,083 crore in the previous financial year.
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HAL records ₹30,400 crore revenue, builds capacities
Hindustan Aeronautics Limited (HAL) has recorded a revenue of ₹30,400 crore (provisional and unaudited) for the financial year ended 31 March 2025, compared with ₹30,381 crore during the previous year.
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Zen Technologies bags deal for air-defence training simulator
Zen Technologies has secured a contract worth ₹152 crore from the defence ministry to supply an integrated air-defence combat simulator for the L70 gun system.
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DRDO, Navy successfully test-fire VLSRSAM from ITR Chandipur
The DRDO, in collaboration with the Indian Navy, successfully conducted a flight test of the indigenously developed vertical-launch short-range surface-to-air missile.
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GE Aerospace delivers first engine to HAL for LCA-Mk1A fighter jet
HAL has received the first F404-IN20 engine from GE Aerospace for the LCA-Mk1A fighter jet after a delay of two years.
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