Latest news with #IntegratedDroneDetectionandInterdictionSystems
Time of India
25-06-2025
- Business
- Time of India
From drones and radars to rifles: Indian forces to get 13 weapons worth ₹1,982 crore under fast-track route. Check full list
The Ministry of Defence has signed 13 contracts worth ₹1,982 crore for the Indian Army under the fifth phase of Emergency Procurement (EP-5). These contracts aim to quickly supply weapons and equipment critical for counter-terrorism and counter-drone operations, with delivery timelines capped at 12 months. Emergency Procurement targets urgent needs The emergency procurement route is designed to meet the immediate needs of the armed forces by cutting through lengthy procedures. In EP-5, the focus is on strengthening frontline readiness, mobility, protection, and firepower in operational areas. The newly signed contracts are part of this approach and include systems to improve situational awareness and combat effectiveness. A ministry official told The Times of India, the emergency procurement route 'continues to be a key enabler in bridging urgent capability gaps and ensuring timely induction of vital operational equipment.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tiger meeting her former zookeeper after 5 years. See what happens next! Story To Hear Undo New weapon systems acquired under EP-5 As part of the ₹1,982 crore worth of EP-5 contracts, the following systems have been procured for the Indian Army: Igla-1S VSHORADS (Very Short-Range Air Defence Systems) Live Events • Range: Up to 6 km • Assembled in India by Adani Defence Integrated Drone Detection and Interdiction Systems (IDDIS) • For neutralizing hostile drones Low-Level Lightweight Radars • To enhance aerial surveillance Night Sights for Rifles • To aid operations in low-light conditions Bulletproof Jackets and Ballistic Helmets • To improve soldier survivability Quick-Reaction Fighting Vehicles • For mobility in combat zones Nagastra-1R Kamikaze Drones • Quantity: ~450 units • Cost: ₹158 crore • Manufacturer: Solar Defence and Aerospace Ltd Switch Mini-UAVs (Hybrid VTOL Surveillance Drones) • Cost: ₹137 crore • Manufacturer: ideaForge Technology The ministry noted that the equipment being inducted is 'modern and mission-critical' and will enhance combat effectiveness in counter-terror environments. Air Force deployed advanced weapons during May strikes Separately, the Indian Air Force used a range of air-to-ground precision munitions during its strikes between May 7 and 10. These included: BrahMos Supersonic Cruise Missiles (Indo-Russian origin) Crystal Maze-2 Missiles (Israel) Rampage Air-to-Ground Missiles (Israel) SCALP Cruise Missiles (France) HAMMER Precision-Guided Munitions (France) Next phase of procurement much larger The Ministry is now working on a sixth phase (EP-6) with an estimated ceiling of ₹40,000 crore. This phase aims to further replenish and upgrade the capabilities of the Army, Navy , and Air Force. As per TOI, EP-6 may include imported systems, each limited to ₹300 crore per contract. The fast-track procurement model remains a key part of India's military modernisation drive, addressing urgent operational requirements across services.
The Print
24-06-2025
- Business
- The Print
MoD signs 13 contracts worth nearly Rs 2,000 crore to beef up Army's counter-terrorism capabilities
'These contracts, amounting to Rs 1,981.90 crore, have been finalised against an overall sanctioned outlay of Rs 2,000 crore for the Indian Army,' the statement said. In a statement issued Tuesday, the ministry said the contracts were concluded through the emergency procurement drive to facilitate the rapid induction of critical equipment. New Delhi: The Ministry of Defence (MoD) has finalised thirteen contracts worth Rs 1,981.90 crore under the Emergency Procurement (EP) mechanism to equip the Indian Army with systems that strengthen its counterterrorism capabilities. Describing the acquisitions as part of broader efforts to address 'emerging security challenges' in terrorism-affected and border-sensitive areas, the statement said the objective is to 'enhance situational awareness, lethality, mobility and protection for troops deployed in CT (counterterrorism) environments'. Among the systems being acquired are Integrated Drone Detection and Interdiction Systems (IDDIS), which are designed to detect and neutralise hostile unmanned aerial vehicles using a combination of radar, sensors and jamming technologies. The army is also procuring Low-Level Lightweight Radars (LLLR), intended to detect low-flying targets, including drones, particularly in terrain where conventional radar coverage is limited. Very Short Range Air Defence Systems (VSHORADS), including missiles and launchers, are also part of the package, the statement said. These systems provide frontline units with close-range protection against aerial threats. The army is also acquiring Remotely Piloted Aerial Vehicles (RPAVs) for tactical surveillance and intelligence-gathering, along with loitering munitions capable of vertical take-off and landing (VTOL). A variety of tactical drones suited for reconnaissance, surveillance and logistics support are also being procured. On Monday, ThePrint had reported that the Indian Army had signed a Rs 137 crore-contract with Mumbai-based unmanned aerial vehicle (UAV) manufacturer ideaForge under the emergency procurement mechanism, for the supply of hybrid mini surveillance UAV systems with VTOL capabilities. 'Bridging urgent capability gaps' Further, in terms of soldier protection and mobility, the statement said that the army has signed contracts for bulletproof jackets and ballistic helmets, and is procuring Quick Reaction Fighting Vehicles (QRFVs) in both heavy and medium variants to improve armoured mobility in high-threat zones. Night sights for rifles are also being procured to enhance targeting accuracy in low-light conditions. All systems being procured are described in the statement as 'mission-critical and completely indigenous,' with the EP mechanism being described as a 'key enabler in bridging urgent capability gaps and ensuring timely induction of vital operational equipment'. The sixth phase of the emergency procurement drive was confirmed Friday by Defence Secretary Rajesh Kumar Singh. He said that following Operation Sindoor, the government granted emergency financial powers to the three services, enabling them to use up to 15 percent of their capital budgets for the urgent procurement of ammunition and equipment. The mechanism was activated in mid-May after operational assessments identified critical requirements, allowing the services to directly acquire systems deemed essential for national security. (Edited by Sanya Mathur) Also Read: Trust with China low post Op Sindoor, says Defence Secy; terms Trump-Munir meeting 'very strange'
Business Upturn
19-05-2025
- Business
- Business Upturn
Bharat Electronics share hits new 52-week high after company secures new orders worth Rs 572 crore
By Aman Shukla Published on May 19, 2025, 09:29 IST Bharat Electronics Limited (BEL) stock surged 2% to hit a new 52-week high of Rs 372.95 after the company announced fresh orders worth ₹572 crore. As of 9:27 AM, the shares were trading 2.47% higher at Rs 372.90. These new contracts are in addition to the orders previously disclosed in April 2025. The deals encompass a diverse range of advanced technologies, underlining BEL's growing presence in the Indian defence ecosystem. According to BEL, the latest orders include the supply of Integrated Drone Detection and Interdiction Systems (ID-DIS), Software Defined Radios (SDR), and Data Communication Units (DCU) for attack guns. The company will also deliver AI-based solutions for naval ships, various simulators, communication equipment, jammers, spares, and associated services. The consistent flow of high-value contracts showcases BEL's capability in delivering cutting-edge defence technologies and aligns with India's push for indigenous defence manufacturing under the 'Atmanirbhar Bharat' initiative. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Economic Times
19-05-2025
- Business
- Economic Times
BEL shares up 2% to record high after Rs 572 crore defence orders and Q4 results
Bharat Electronics Ltd. (BEL) shares rallied 2% following strong Q4 earnings, with a 30% rise in net profit and a 32% increase in revenue. The company secured new defence orders worth Rs 572 crore, including drone detection systems and communication equipment. Tired of too many ads? Remove Ads Strong Q4 performance Tired of too many ads? Remove Ads Stock gains and sector rally Shares of Bharat Electronics Ltd BEL ) rallied 2% fresh 52-week high of Rs 373.40 on Monday after the company reported strong fourth-quarter earnings and secured additional defence orders worth Rs 572 crore, further bolstering investor sentiment amid a broader rally in defence Electronics has received new orders totalling Rs 572 crore since its last disclosure on April 7, according to an exchange filing on Friday. The major orders include Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDRs), and data communication units for attack company also secured contracts for artificial intelligence-based naval solutions, simulators, jammers, communication equipment, spares, and related services. These additions come at a time when defence spending is accelerating amid heightened geopolitical tensions. BEL posted a 30% year-on-year rise in net profit to Rs 1,797 crore for the quarter ended March 2024, the company said in an exchange filing on Sunday. Revenue for the period rose 32% to Rs 8,564 crore from Rs 6,479 crore a year company's board has recommended a final dividend of Rs 0.80 per equity order book stood at Rs 76,000 crore as of April 1, reflecting a 25.2% increase from the previous of BEL closed 3.85% higher at Rs 363.9 apiece on the National Stock Exchange on Friday. The stock has gained 15.2% in the past week alone, while rising 30.9% over the last six months and 40.6% over the past has been a key contributor to the recent surge in defence sector stocks. The Nifty India Defence index has rallied over 12% in the last three weeks, with the overall market capitalisation of the sector increasing by Rs 1,17,163 crore. BEL alone has added Rs 29,970 crore to its market cap in that a technical standpoint, BEL shares are trading above all eight key simple moving averages, including the 150-day and 200-day SMAs. The 14-day Relative Strength Index (RSI) is at 80.5, indicating that the stock is currently in overbought territory.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
19-05-2025
- Business
- Time of India
BEL shares up 2% to record high after Rs 572 crore defence orders and Q4 results
Shares of Bharat Electronics Ltd ( BEL ) rallied 2% fresh 52-week high of Rs 373.40 on Monday after the company reported strong fourth-quarter earnings and secured additional defence orders worth Rs 572 crore, further bolstering investor sentiment amid a broader rally in defence stocks. Bharat Electronics has received new orders totalling Rs 572 crore since its last disclosure on April 7, according to an exchange filing on Friday. The major orders include Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDRs), and data communication units for attack guns. The company also secured contracts for artificial intelligence-based naval solutions, simulators, jammers, communication equipment, spares, and related services. These additions come at a time when defence spending is accelerating amid heightened geopolitical tensions. Strong Q4 performance BEL posted a 30% year-on-year rise in net profit to Rs 1,797 crore for the quarter ended March 2024, the company said in an exchange filing on Sunday. Revenue for the period rose 32% to Rs 8,564 crore from Rs 6,479 crore a year ago. The company's board has recommended a final dividend of Rs 0.80 per equity share. BEL's order book stood at Rs 76,000 crore as of April 1, reflecting a 25.2% increase from the previous fiscal. Stock gains and sector rally Shares of BEL closed 3.85% higher at Rs 363.9 apiece on the National Stock Exchange on Friday. The stock has gained 15.2% in the past week alone, while rising 30.9% over the last six months and 40.6% over the past year. BEL has been a key contributor to the recent surge in defence sector stocks. The Nifty India Defence index has rallied over 12% in the last three weeks, with the overall market capitalisation of the sector increasing by Rs 1,17,163 crore. BEL alone has added Rs 29,970 crore to its market cap in that period. Also read | Nifty likely to advance towards 25,200-25,800: Analysts From a technical standpoint, BEL shares are trading above all eight key simple moving averages, including the 150-day and 200-day SMAs. The 14-day Relative Strength Index (RSI) is at 80.5, indicating that the stock is currently in overbought territory.
