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    ADVANCED MEDIUM COMBAT AIRCRAFT

    Self-reliance in aero-engines foundation of India's aerospace sovereignty: Rajnath Singh

    Defence Minister Rajnath Singh recently celebrated the remarkable milestone of HAL's Koraput Division delivering its 2,000th aero-engine. This new Shakti engine line is set to manufacture up to 100 engines each year, reinforcing military readiness. He emphasized the necessity of developing indigenous capabilities for defense projects, notably the Advanced Medium Combat Aircraft, while calling for strengthened ties with MSMEs and educational institutions, highlighting Odisha's pivotal role in the aerospace industry.

    Attack aircraft, military vehicles visible at new China-Laos base, satellite images show

    China has moved light attack aircraft and military vehicles into a newly announced joint training facility in Laos, according to satellite images reviewed by Reuters. Analysts say the Ban Keun site could eventually become China’s most significant military foothold in Southeast Asia if it develops beyond training into a base with expanded air, surveillance and support capabilities.

    Rajnath Singh to lay foundation stone for Shakti engine facility at HAL in Odisha's Sunabeda

    Defence Minister Rajnath Singh is set to lay the cornerstone for state-of-the-art Shakti engine facilities in Koraput on October 6. After a stop at Hindustan Shipyard in Visakhapatnam, Singh will emphasize enhancing India’s self-sufficiency in military engine production, cutting down on imports. HAL’s Koraput unit has been instrumental in crafting engines for modern fighter jets, with rigorous security protocols arranged for his arrival.

    Lockheed Martin to expand production in India, if it wins transport aircraft bid

    Lockheed Martin is planning to enhance its production capabilities in India based on a tender for 60 medium transport aircraft. This procurement is valued at USD 10.5 billion, attracting several Indian firms as partners. Lockheed Martin's proposal includes 12 flyaway aircraft and 48 to be manufactured in India. The company aims to upgrade the existing C-130J fleet of the Indian Air Force.

    Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%

    The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.

    "We possess necessary capabilities": IAF Chief AP Singh on countering Chinese 5th-gen aircraft challenge, urges push for AMCA

    Indian Air Force Chief Air Chief Marshal AP Singh addressed concerns about Pakistan potentially acquiring Chinese fifth-generation aircraft. He emphasized that India possesses the capabilities to respond effectively to such threats. Historical context suggests that advanced platforms alone do not guarantee success for Pakistan against India.

    The Economic Times
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