Page 2 - Defence Firms

Bharat Forge's subsidiary to sell 155-mm artillery at $155 mn to Armenia

Export order to be executed over three-year time frame

New Tamil Nadu policy seeks Rs 75,000 cr investments in aerospace, defence

State targets 100,000 jobs in the sector as it seeks to be trillion-dollar economy by 2031

UP Defence Corridor set to realise Rs 50,000 cr investment potential

MoUs for investment worth Rs 12,000 crore already signed with private firms and institutions, says nodal chief

This defence stock has zoomed 139% from its IPO price in just 10 months

In the past three months, Data Patterns has zoomed 95 per cent, as compared to an 8 per cent rise in the S&P BSE Sensex

Five-day DefExpo 2022 all set for launch in Gandhinagar on Tuesday

Prime Minister Narendra Modi is scheduled to inaugurate DefExpo 22 on Thursday

Uttar Pradesh: Global defence firms to attend investment meet in Lucknow

In probable first-time-ever prospect, the world's leading military hardware makers will compete in a commercial landscape in the aftermath of the Russia-Ukraine conflict.

Red-hot defence stocks may have more legs to run, say analysts

The growth has come on the back of healthy growth in the order books of defence companies amid the government's focus on indigenisation and surge in exports

Shipbuilding stocks rally up to 11%; Mazagon, Garden Reach hit new highs

The defence shipbuilding segment continues to look promising on account of ambitious acquisition plan of Indian Navy and Indian Coast Guard.

A shift towards indigenisation: 'Make in India' fortifies defence spending

An analysis of defence capex over the past 12 years shows a noticeable shift towards indigenisation

Swedish weapons giant Saab to build Carl-Gustaf M4 rocket launcher in India

Swedish weapons giant says legacy supply chain can switch to new product

Strengthening defence ties with Paris provide hope for submarine deal

For France, which is still reeling from Australia's cancellation of a $90-bn order for Shortfin Barracuda conventional submarines, India offers an irresistible strategic opportunity

Defence PSUs to hold roadshows in Dubai, Abu Dhabi to woo investors

These will set the stage for future stake sale by the government

After HAL and BEL, now Bharat Dynamics eyes record high. Here's why

Bharat Dynamics has more-than-doubled in 2022 so far, however, the stock still trades 14 per cent shy from its historic peak.

MoD bans imports from 18 top defence platforms, items to be made in India

Items include light-weight tanks, self-healing minefields, "plug-and-play housing" for soldiers at extreme altitudes, 127 mm naval gun, multi-role helicopter, among others

Indian defence firms seek protection from exchange rate variation

India's private defence firms had last campaigned for ERV protection after being bruised by the rupee's fall from Rs 44 a dollar in October 2010 to below Rs 56 just a few months later

Bharat Electronics rallies 5% post Q1 results, strong order book position

With the healthy order book at Rs 55,333 crore, strong pipeline of orders and better margin profile, BEL is well placed to grow its earnings in double digits in the next couple of years, analyst say.

6 of 7 defence firms carved out of OFB report profits in first six months

Six out of the seven defence companies, which were carved out of the Ordnance Factory Board (OFB), have reported provisional profits during the initial six months, according to the defence ministry.

Rajnath invites US defence cos to invest in India, support 'Make in India'

India, he said, is working with the US to double up capabilities across conventional and emerging defense domains.

India's defence equipment sector offers significant new opportunities

Though there are some unknowns, Street action suggests big upside

Saudi Arabia signs deals worth $2.13 bn with local, foreign defence firms

Saudi Arabia has inked 22 deals of $2.13 billion worth with local and foreign defence companies at the ongoing World Defense Show in Riyadh, the Saudi Press Agency (SPA) reported on Monday