Industry News

Raksha Mantri lays foundation stone of Large Cavitation Tunnel at NSTL, Visakhapatnam

Raksha Mantri Shri Rajnath Singh, on April 03, 2026, laid the foundation stone of the state-of-the-art Large Cavitation Tunnel (LCT) facility at the Naval...

Defence exports skyrocket to record Rs 38,424 crore in Financial Year 2025-26

Defence exports have touched an all-time high of Rs 38,424 crore in the Financial Year (FY) 2025-26, marking a massive rise of Rs 14,802...

DAC clears proposals worth Rs 2.38 lakh crore to augment defence capabilities

The Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh on March 27, 2026, granted Acceptance of Necessity (AoN) for various proposals...

Thales launches Expeditionary PathMaster, a proven-at-sea system boosted by AI, to conduct full mine countermeasures missions anywhere in the world

·         Thales today launches Expeditionary PathMaster, based on an innovative expeditionary portable operations centre (e-POC), the solution enables naval forces to conduct a full...

Shield AI to acquire software simulation company Aechelon and raise $2B at $12.7B valuation

Shield AI today announced it is raising $1.5 billion in Series G funding at a $12.7 billion post-money valuation and $500 million in fixed-return...

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