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News18
03-07-2025
- Business
- News18
HAL, BEL, Bharat Dynamics: Defence Stocks Surge After Reports Of India-US Strategic Framework
Defence shares, such as Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics, were rising in trade on Thursday Defence shares, such as Hindustan Aeronautics, Bharat Electronics, and Bharat Dynamics, were rising in trade on Thursday amid reports that India and the US have agreed on a defence framework. The 10-year framework will see a strategic partnership between the two countries for sharing defence know-how and an increased supply of defence equipment. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. 'Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. 'Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. It said the two leaders reviewed the 'considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. 'The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. First Published: July 03, 2025, 10:12 IST
Time of India
03-07-2025
- Business
- Time of India
India, US to ink 10-year defence framework: Pentagon
Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 지금 차면 가장예쁜 기부팔찌 유니세프 지금 기부하기 Undo It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. Live Events It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft , people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Singh and Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical and mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
Hindustan Times
03-07-2025
- Business
- Hindustan Times
India, US agree to ink 10-year framework to boost defence ties
Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US. US President Donald Trump and Prime Minister Narendra Modi(Representative Image/ REUTERS) The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Singh and US Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delay in the supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Singh and Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical and mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
The Hindu
03-07-2025
- Business
- The Hindu
India, U.S. to ink 10-year defence framework: Pentagon
Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the U.S. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday (July 2, 2025), a day after Mr. Singh and U.S. Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year U.S.-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major U.S. defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasised the priority the United States places on India as its key defence partner in South Asia," the Pentagon said. It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defence goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major U.S. defence sales to India and the imperative of close defence industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Mr. Singh urged Mr. Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Mr. Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and U.S. defence major GE Aerospace for joint production of F414 jet engines in India, they said. The delays in supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Mr. Singh and Mr. Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical & mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
NDTV
03-07-2025
- Business
- NDTV
India, US To Finalise 10-Year Defence Framework: Pentagon
New Delhi: Defence Minister Rajnath Singh and his American counterpart Pete Hegseth have agreed to firm up a 10-year framework to further expand defence and strategic ties between India and the US. The decision on the defence framework was mentioned in a Pentagon statement that was released on Wednesday, a day after Rajnath Singh and US Defence Secretary Hegseth held a phone conversation. "Secretary Hegseth and Minister Singh agreed to sign the next 10-year US-India Defence Framework when they next meet this year," it said. It said the two sides discussed pending major US defence sales to India and the imperative of close defence industrial cooperation between the two countries. "Secretary Hegseth emphasized the priority the United States places on India as its key defense partner in South Asia," the Pentagon said. It said the two leaders reviewed the "considerable progress" both countries have made toward achieving the defense goals set out in the February 2025 joint statement by President Donald Trump and Prime Minister Narendra Modi. "The two discussed pending major US defence sales to India and the imperative of close defense industrial cooperation between the two countries," the Pentagon readout said without providing further details. In the phone conversation on Tuesday, Mr Singh urged Hegseth to expedite the delivery of GE F404 engines to power the Tejas Light Combat Aircraft, people familiar with the matter said. Mr Singh also pitched for early finalisation of a proposed deal between Hindustan Aeronautics Ltd (HAL) and US defence major GE Aerospace for joint production of F414 jet engines in India, they said The delays in supply of F404 engines by GE Aerospace has resulted in HAL missing the deadline to supply Tejas Mark 1A aircraft to the Indian Air Force. An Indian readout on Tuesday said Mr Singh and Hegseth discussed a wide canvas of issues ranging from long-term cooperation in the defence sector, including training and military exchanges, to expanding industry collaborations. "They agreed to further build upon the momentum of this critical & mutually beneficial partnership across all its pillars such as interoperability, integration of defence industrial supply chains, logistics sharing, increased joint military exercises and cooperation with other like-minded partners," it said.
