AEROSPACE MAJOR
Airbus says will buy 'major activities' of subcontractor Spirit
European aerospace giant Airbus announced on Monday its intention to acquire major activities related to Airbus from subcontractor Spirit AeroSystems. This move comes as US competitor Boeing prepares to take over the majority of Spirit AeroSystems' operations.
Big Boost to Rudra and Prachand helicopters: Adani Defence and Thales Group to manufacture 70mm rockets in India
Adani Defence & Aerospace has partnered with Thales Group to produce 70mm rockets in India, supporting the "Make in India" initiative. This collaboration aims to enhance India's defence capabilities with locally produced rockets for HAL Rudra and Prachand helicopters, while also boosting the country's defence manufacturing sector and creating employment opportunities.
Watch: Toxic debris from suspected Chinese rocket falls over village, raises safety alarms
Debris from a Chinese rocket fell over Xianqiao village in Guizhou province, China, causing a dramatic scene. Videos show a cylindrical piece crashing near a hill with yellow smoke. This happened after a Long March 2C rocket launched the Space Variable Objects Monitor satellite. President Xi Jinping aims to boost China's space program, but incidents like this raise safety concerns. Rocket expert Markus Schiller noted that China's inland launch sites pose risks to populated areas. The incident highlights the need for enhanced safety measures in China's space missions.
UFO whistleblower alleges threat to life and family. Does Pentagon still refuse existence of UFOs and aliens?
This is not the first time that a UFO whistleblower has alleged a threat. Earlier in July last year, another UFO whistleblower David Grusch appeared before Congress, he shared threatening encounters he'd experienced.
Brand-new space telescope launched in 2023 has 'damaged doors', says NASA
Observational plans around an expensive and state-of-the-art space telescope launched just last year in September, has now taken a back seat, as one of the aperture doors that covers a crucial instrument has stayed jammed for long. NASA is currently contemplating backup options around the issue, say reports.
Business class flight experience getting more exciting with 45-inch TV screens
New business class seats in airplanes have been designed by manufacturers and entertainment providers in such a manner that you can receive a theatre-like experience on your premium seats 30,000ft above ground.
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ISRO Chairman inaugurates HAL facilities, rocket manufacturing capacity gets a boost
ISRO Chairman S Somanath inaugurated state-of-the-art propellant tank production and CNC machining facilities at Hindustan Aeronautics Limited's Aerospace Division, enhancing rocket manufacturing capacity. These facilities will enable HAL to meet ISRO's growing demand for six LVM3 rocket launches per year, up from the current capacity of two. Somanath emphasized HAL's potential in future missions, while HAL's Chairman C B Ananthakrishnan highlighted the collaboration's role in accelerating human spaceflight missions and Next-Generation Launch Vehicles. The new facilities will produce high-performance fuel tanks and precision components critical for LVM3 rockets.
India's Make-in-India defence projects, include K-9 Vajra Howitzers and fighter jet engines, await post-election approval
India's defence agenda post-elections includes crucial projects like acquiring K-9 Vajra howitzers and Su-30 MKI fighter aircraft engines. These projects, initially scheduled for approval in March, were postponed. Hindustan Aeronautics Limited (HAL) will produce the engines, worth approximately Rs 20,000 crore, aiding in indigenisation efforts. Additionally, the proposal to purchase 100 more K-9 Vajra SP howitzers is under consideration, reflecting the Indian Army's evolving needs. Various defence research and development programs await government clearance, signaling significant advancements in indigenous defence capabilities.
Space startup Agnikul Cosmos calls off maiden rocket launch for a fourth time
India's Agnikul Cosmos delayed the Agnibaan rocket launch to test igniter performance. The rocket can carry 300 kg to orbits 700 km high. Skyroot launched India's first privately developed rocket in 2022 from ISRO's site.
ET Make in India SME Regional Summit in Hyderabad will focus on the state’s high-tech prowess
Starting with the tech-powered city of Hyderabad, the ET Make in India Regional Summit aims to power the state’s MSMEs leveraging on its innovative quality.
Bet on PSUs only if bullish on India growth story; never in the short-term: Anand Sharma
Anand Sharma discusses the extensive impact of public sector enterprises in various sectors under government control, emphasizing the wide theme of PSU equity with a focus on power, oil, financials, logistics, metals, and mining. Sharma says , PSU equity fund is a thematic fund and should be a smaller part of any investors investable corpus.
China's PLA undergoes major restructure as it emphasises information capabilities for war
Xi Jinping replaces PLA's Strategic Support Force with Information Support Force in a significant overhaul. The move aims to enhance military efficiency and political oversight, with direct CMC control over the new force. Former SSF's functions, including cyber and space operations, are divided among the four arms, emphasizing centralized command.
Cyient DLM shares zoom 13% on solid Q4 results led by defence & aerospace deals
The company's Q4 revenue stood at Rs 362 crores, with quarter-on-quarter (QoQ) growth of 12.7% and YoY growth of 30.5%.
RTX beats estimates on military demand, aviation strength
RTX, a major aerospace and defense company, surpassed first-quarter earnings expectations due to demand for missile defense systems and a strong commercial aftermarket business. The aftermarket business benefited from airlines extending the service life of aircraft amid the recovery in air travel and limited availability of new planes. Pratt and Whitney, a subsidiary of RTX, reported a sales increase of 23%, despite ongoing inspections for potentially flawed components in its GTF jet engines.
South Korea, Romania pledge defence cooperation amid reports of contract in works
South Korea and Romania have pledged to enhance defense industry cooperation, including joint production of weapons, as South Korea aims to become the world's fourth-largest arms exporter. South Korea's Hanwha Aerospace is reportedly in talks for a 1 trillion won ($725.7 million) deal to supply K9 howitzers to Romania, its first defense contract with the country. Meanwhile, Poland is set to sign a $1.6 billion contract for 70 Chunmoo rocket artillery units from Hanwha Aerospace, as part of its $22 billion arms purchase from South Korea.
HAL, NAL sign tech transfer pact for Tejas engine day door production
With the signing of the technology transfer for Bismaleimide (BMI) Engine Bay Door (EBD), HAL can directly produce these high temperature resistant composite parts for the series production of LCA Mk1A aircraft meeting the initial requirement of IAF squadrons, a joint statement said.
Elon Musk to meet spacetech founders in New Delhi
Tesla CEO Elon Musk confirmed his upcoming visit to India earlier this month, expressing anticipation for a meeting with Prime Minister Narendra Modi. Reports suggest a potential announcement of the company's investment plans in the country.
We are making big investments in defence sector in next 10 years, says Adani Defence CEO
"We are going to make big investments in the defence sector in the next 10 years," he said at NDTV's 'Defence Summit' on Thursday. Rajvanshi, however, did not elaborate on the investments. In a major move, the Adani Defence and Aerospace last month inaugurated two mega facilities to manufacture ammunition and missiles.
Investment in manufacturing, EV, pushing Indian gears to compete globally: American Gear Manufacturers Association
In recent years, India has seen a notable increase in its contribution to the global electric vehicles and aerospace market, particularly in the export of high precision gears, according to American Gear Manufacturers Association (AGMA) president Matthew Croson. This growth is attributed to increased investment in the manufacturing sector by both the government and private players.
Defence firms see Asia opportunity in Russian absence from air show
Russia's absence from the Singapore Airshow presents an opportunity for rival companies to attract Asian customers away from Russian equipment. Southeast Asian countries are shifting away from Russian equipment while exploring options from Western and South Korean defence companies.
Towards Atma Nirbharta: Chief of Naval staff R Hari Kumar inaugurates Nibe Defence and Aerospace Ltd
Admiral R Hari Kumar, Chief of Naval Staff, inaugurated the new manufacturing plant of Nibe Defence and Aerospace Limited in Pune, emphasizing the Indian Navy's role in promoting self-reliance in defence production. The event highlighted Nibe's contributions to various defence projects and the importance of advanced equipment in achieving self-reliance. The inauguration also included announcements about upcoming naval operations, showcasing the navy's capabilities and preparedness.
What will it take for India's drone industry to fly higher?
India aims to be a major global hub for drones by 2030, boosting GDP by 1-1.5% and creating jobs. The industry has requested expansion of the PLI scheme, which benefits startups and MSMEs. The drone industry faces challenges such as the lack of a component ecosystem, talent pool, and testing facilities.
Airbus CEO tells staff Space losses 'not acceptable'
CEO Guillaume Faury told staff in a January review of 2023 that Defence and Space "performed strongly in many areas, but faced a major setback in the Space business which tarnished the overall performance", according to extracts seen by Reuters. Some major satellite developments have recorded unexpected charges, Faury said, adding: "Put simply, mishaps of this magnitude and suddenness are just not acceptable at Airbus".
How a Bengaluru firm helped ISRO execute the ‘fastest landing of an aircraft on Indian soil’
Engineering solutions company Timetooth started by helping DRDO build a missile launcher. Today it wants to make exoskeletons for the Indian Army and seats for Indian airlines.
Airbus eyes partnerships in Indian defence and space
Airbus, led by CEO Michael Schoellhorn, is actively seeking partnerships in India's defence and space sectors, aiming to develop a sourcing and manufacturing base. Schoellhorn emphasized the importance of trusted partnerships, highlighting Airbus' commitment to Make In India initiatives. The company eyes opportunities in India's space sector, following the country's 2023 Space Policy announcement.
French aerospace giant Thales plans to set up avionics MRO in Delhi
French defence major Thales plans to set up an avionics MRO in Delhi to provide world-class services. Thales is fully committed to supporting India's modernisation and indigenisation efforts. Thales provides state-of-the-art equipment for the Rafale fighter jets. Thales sees huge potential in India's defence, aerospace, and digital identity and security sectors.
Defence manufacturer Hindustan Aeronautics showcases its product line at Vibrant Gujarat
Hindustan Aeronautics Limited (HAL) showcases India's aerospace prowess at the 'Vibrant Gujarat Global Trade Show 2024,' emphasizing 'Aatmanirbhar Bharat' (Self-reliant India). HAL highlights indigenous products like the Su-30 MKI aircraft and Prachand Light Combat Helicopter (LCH), exhibiting capabilities in aerospace technology. With over 100 items earmarked for indigenization, HAL aims to reinforce self-reliance in defense manufacturing. The event fosters interaction with the Indian industry to bolster the aerospace ecosystem in line with the government's goal of achieving Rs 175,000 crore in indigenous defense manufacturing by 2024-25.
Boeing comes out with 'Aatmanirbhar Bharat' approach for P-8I aircraft; eyes additional orders
Boeing has outlined its plan to enhance the capabilities of the P-8I long-range maritime surveillance and anti-submarine warfare aircraft in India. The company is eyeing an additional order of six planes, which would increase the Indian Navy's P-8I fleet to 18 aircraft. Boeing has already generated a substantial economic impact of $1.7 billion to support the current fleet.
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