HAL and SAFHAL Helicopter Engines Pvt Ltd have signed an airframer contract, to commence joint design, development, manufacture, supply and support of a new generation high power engine ‘Aravalli’ for 13-ton Medium Lift class, IMRH and DBMRH being designed & developed by HAL.
Centum Electronics Ltd has received significant orders/contracts from the Defense Research and Development Organization (DRDO) for Intersatellite Link and other Payload Subsystems, valued at Rs. 109.58 crores (excluding taxes)
For material related stuff , I kept an old report bookmarked for some work during covid times, on military related material dependency and opportunity
Don't give them ideas.
I am sure it will be next imported item in the wish list of corrupt generals.
I am sure it will be next imported item in the wish list of corrupt generals.
Actually they are making new version of it. Pralay base is complete, now weaponisation work has began on it.
At least 3 new rocket projects are ongoing beside the GPRS completion now, that are MM.
Procurement of Pralay SRBM has already been approved by MoD.
Also the M142 Himars sits in a category similar to Pinaka of which 10 regiments are operational unless the Americans are willing to offer PrSM which is highly unlikely.
Shaurya sits in a category above Pralay, it has been inducted into the SFC and it's unlikely to be acquired by the Army anyways.
BEL has secured an order worth Rs. 850 Cr from Cochin Shipyard Limited for supply of indigenous Multi Function Radar in X Band. Additionally, following its last disclosure on Aug 22, 2024, BEL has secured orders worth Rs. 305 Cr.
Good news . Astra & PEL jv likely to enter in missile and AD like systems domain. Scope in space sector too.
High altitude habitat pods for IA:
Defence start-up Big Bang Boom raises ₹250 crore from investors
Big Bang Boom Solutions Private Ltd (BBBS), one of fastest-growing defence sector start-up, has secured over ₹250 crore from investors as part of its latest funding round which was oversubscribed.
This funding, the start-up stated in a statement to the media, comes on the back of the Ministry of Defence signing over ₹200 crore in a deal for indigenous anti-drone technology and its successful foray into the African continent.
The BBBS, a multi iDEX winner, said the company had already turned profitable in the previous financial year and looks set to deliver on its expectations in the years ahead.
The round was heavily oversubscribed and included marquee investors who led the round including Mumbai Angels Network, Vyom Family Office, SBI Startup Branch Chennai, Asquare Investing and others which were facilitated by the team of Negen Wealth. The firm also offered existing investors a chance to exit given heavy oversubscription.
“Building a defence business requires patient capital. But expecting investors to have a 25 year horizon is a pipe dream. We therefore looked at the problem through a different lens. We decided to rotate the capital table 8 times in 25 years giving investors timely exits and an option to stay on. This can help build a company that can be a legacy brand and add real value. It is better to under price a round than leave little on the table,” BBBS CEO Praveen Dwarakanath said.
The BBBS Naval Research and Development Center (NRDC) in Chennai has undertaken development in close collaboration with the Indian Navy on various projects including Non-Lethal Naval Deterrence, AI enabled Fire Detection and Suppression, High Expansion Fire Fighting Systems, and AI enabled Maintenance Modules, the company stated.