$4.4 Billion: Lockheed Martin to Acquire Aerojet Rocketdyne
The transaction is expected to close in the second half of 2021 and is subject to the satisfaction of customary closing conditions, including regulatory approvals and approval by Aerojet Rocketdyne's stockholders
Lockheed Martin Corporation has entered into a definitive agreement...
“I Like To Compare The Quest To Build A Fab, To The Space Programme...
Will India ever get its own semiconductor fab? Should it? In a conversation with members of the EB Bureau, P.V.G. Menon, the founder and CEO of VANN Consulting, shares his views on these and other complex matters of concern...
Aerospace and Defense Startup Accelerator Starburst Expands in India
Starburst is also in the process of launching an early-stage accelerator program in Mumbai, India, which will connect Indian participants to Starburst's network of global partners in government and private sectors
Starburst, has announced its expansion into India to engage...
Drones Market Still Nascent But Rapid Growth Likely
Drones/unmanned aerial vehicles are now being used in several commercial applications such as news coverage, delivery of goods and environmental monitoring. Amidst the outbreak of the Covid-19 pandemic, the use of drone technology has increased in government organisations such...
Guidelines For Manufacturing Remotely Piloted Aircraft Systems In India
Although Manufacturers/OEMs of remotely piloted aircraft system(s) (RPAS) are not regulated through the Civil Aviation Requirements (CAR) Section 3, Series X, Part I, being a responsible entity, a manufacturer is expected to follow the procedure specified hereunder.
Apart from...
Dr Vivek Lall Joins USA-Based General Atomics as Chief Executive
This is Dr Vivek Lall's second innings with USA headquartered General Atomics
Lall was previously associated with the agreement between the USA and the Indian Government to sell unarmed Sea Guardian drones
Dr Vivek Lall has been appointed as...
Xilinx Launches Industry’s First 20-Nanometer Space-Grade FPGA
The company has started shipping mechanical samples and prototype units of this FPGA
Xilinx said that this FPGA brings high-performance machine learning (ML) to space for the first time
Xilinx has announced the launch of industry’s first 20-nanometer (nm)...
Indian Space Technology Startup VestaSpace Receives $10 Million Funding
VestaSpace Technology specialises in making small satellite platforms for commercial and scientific applications
VestaSpace was founded in 2018 by Astronautical engineer Arun Kumar Sureban
Indian space technology startup VestaSpace Technology, which specializes in making small satellite platforms for commercial...
Defence Expenditure be Economized and Savings be Channelised for Defence Capital Acquisition: PMO
Prime Minister Narendra Modi chaired a meeting discussing ways to boost defence & aerospace Sector
PM directed that India should reduce dependence on imports and take forward "Make in India"
PM Narendra Modi held a detailed meeting to deliberate...
Bharat Electronics Limited’s Turnover Exceeded Rs 12,500 Crores During FY 2019-20
Bharat Electronics Limited (BEL) achieved exports worth US $48.59 million during FY 2019-20
The defence PSU has recently signed tripartite MoU with Israel-based Elbit Systems and Garden Reach Shipbuilders & Engineers Ltd (GRSE)
Navratna Defence PSU Bharat Electronics Limited...
Bharat Electronics and Tech Mahindra Sign Memorandum of Understanding
The duo will be designing and building cutting edge digital solutions for aerospace and defence
BEL’s customers include the Army, Navy, Air Force, Coast Guard, Paramilitary Force, Police, state government departments
Bharat Electronics and Tech Mahindra have announced a...
The World Needs Strict Laws On Cyber Warfare
In the light of the current sabre-rattling between the US and its Western allies on one side, and countries like Russia and Iran on the other, each accusing the other of hacking into its computer systems, it is time...
India’s Strategic Electronics Sector Must Grow Faster
The large scale modernisation of the defence forces and the indigenisation of manufacturing are going to boost the strategic electronics sector of the country.
India has the second largest armed force in the world, and is considered the seventh largest...
Centre Appoints Dr. Ajay Kumar As The New Defence Secretary
The Appointments Committee of the Cabinet has approved the extension to the current secretary up to August 23, 2019, following which Dr. Ajay Kumar will be taking up the new role.
The Appointments Committee of the Cabinet has approved...
Recent Posts
India Offering Tesla Cheaper Production Costs Than China: Report
Tesla has recently setup its first office in India. The company has received invitations from several state governments to set up a manufacturing facility
Transport...
Siemens Acquires C&S Electric, The Future of Khanna Family
The companies noted that the acquisition addresses rising demand for low-voltage power distribution in India. The Khanna family, former promoters of C&S Electric, to...
STL Grabs $100 Million Deals, Appoints Chris Rice as CEO For Access Solutions Business
STL recorded revenues of Rs 1314 crores during the third quarter that ended on 31 December 2020. The same represents a growth of 13...
Integrated Passive Devices Market Worth $1264.7 Million by 2026
Based on material, the glass segment is expected to grow at the highest growth rate during the forecast period
The global integrated passive devices (IPD)...
AgriTECH: Can India Lead The Global Race?
Given the rise in the number of agritech focused startups taking shape in the country and reforms being introduced by the government of India,...
