A parliamentary panel has told the defence ministry that defence PSUs must improve project execution and delivery schedules to capitalise on their robust order books. The combined orders of nine defence PSUs…
Apollo Micro Systems reported a 43% year-on-year rise in net profit to Rs 25.2 crore for the June quarter of FY27, while revenue from operations surged 88% to Rs 251.3 crore. This…
Defence Acquisition Council approvals reached Rs 52,000 crore in FY26, their highest recorded level, according to ICICI Securities’ report cited by NDTV Profit. The brokerage expects defence order awards to accelerate in…
US President Donald Trump has denied reports that dwindling missile stocks constrained his military options in the Iran war, saying the country has “massive amounts” of munitions and that defence firms are…
