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HFCL Defence Revenue To Start From Q1 FY28 As Major Orders Enter Execution Phase
HFCL expects defence revenue from Q1 FY28 as it bids for Army contracts and develops radars, anti-drone systems, jammers and ammunition.
India-bound vessel hit by suspected drone attack in Gulf of Oman, all crew members safe: Sources
An India-bound vessel from Qatar experienced a suspected drone attack. The incident occurred in the Gulf of Oman near the Strait of Hormuz. Four Indian nationals are among the twenty-nine seafarers on board the vessel. The vessel's engine room caught fire, producing heavy smoke after the strike. No casualties or environmental damage have been reported from the incident.
Zen Technologies' drone arm eyes ₹400 crore revenue as production ramps up
Vector Technics has expanded its factory to produce three lakh drone propulsion systems a year and expects rising demand from India's fast-growing drone industry to help it generate up to ₹400 crore in revenue.
HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
Iran Says It Shot Down US MQ-1 Drone Over Territorial Waters
The IRGC said the drone entered Iranian territorial airspace with hostile intent and was brought down using advanced air defence systems.
Iran Spots US-Israeli Drone In Qeshm Island, Activates Air Defense Systems In Isfahan
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