BBC also reports on CRED founder Kunal Shah’s rise from India's startup ecosystem to helm WhatsApp as it seeks to expand into payments, business services and AI-powered products.
Under the agreement, the loitering munitions will be offered to the Indian Army as part of efforts to address what the companies described as an ‘urgent requirement’.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
The first fuselage sections are expected to roll off the assembly line in 2028, with the facility expected to deliver up to two complete fuselages per month.
62 indigenously-manufactured vehicles are set to reach Lebanon as part of a wet-lease. Move ‘meant to showcase India's commitment to self-reliance, defence manufacturing capabilities’.
SSS Defence not only bags contract to supply .338 Lapua Magnum calibre sniper rifle, but also deals to deliver nearly USD 50 million worth of ammunition to multiple friendly countries.
Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.
‘Security situation demands capabilities. The hum of machinery must become a roar,’ NATO chief Mark Rutte said as he announced 5 new military contracts. Drones and ISR take the lead.
The Congress party’s abandonment of nationalism is the most intriguing aspect of its post-2014 politics. The real Congress was never a party of bleeding heart pacifists.
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