Latest news with #QRSAM
India.com
a day ago
- Business
- India.com
Sea mines, new air defence system, fighter jets, India's weapons worth Rs 100000000000 will send shivers down spine of China and Pakistan
New Delhi: After Operation Sindoor, preparations are underway to make India's army more powerful. The Defense Acquisition Council (DAC), headed by Defense Minister Rajnath Singh, is going to hold an important meeting this week, in which proposals worth more than Rs 1 lakh crore can be approved. What is Defense Acquisition Council and its role? This council is the top unit of the Ministry of Defense, which takes decisions to buy big weapons and technology for the Indian Army. In this meeting, many important proposals will be placed for the Army, Indian Air Force and Indian Navy. There will be special emphasis on systems related to surveillance, air defense and maritime security. Its purpose is to make the three forces of the country more modern and strengthen India on the security front. According to a TOI report, the Defense Acquisition Council (DAC) is going to approve many big proposals this week to further strengthen India's defense preparedness. These include two important projects that will take the capabilities of the Army and the Air Force to new heights. How will Indian Army benefit? Under this proposal costing around Rs 30,000 crore, the Indian Army will get the Quick Reaction Surface-to-Air Missile System (QRSAM) developed by DRDO. This system is capable of instantly eliminating air threats coming within a range of 30 kilometers. This is considered a big step towards strengthening India's layered air defense i.e. layer-by-layer air security. What is I-STAR aircraft? The Indian Air Force is going to buy three new I-STAR (Intelligence, Surveillance, Targeting and Reconnaissance) aircraft. These aircraft will be procured from international manufacturers, which will later be modified in India in collaboration with DRDO's Airborne System Center and private companies. These aircraft will prove to be very effective in providing accurate information in the battlefield, monitoring enemy activities and planning accurate attacks. What will DRDO manufacture? The Indian Navy has proposed to include special mines (landmines) to stop enemy submarines and ships in the sea. These mines have been made by DRDO, which can attack the enemy while staying in the depths of the sea. Other weapons Indian Air Force's 84 Sukhoi-30 MKI (Su-30MKI) fighter jets will now be made more powerful. New weapons, radars and electronic systems will be installed in these aircraft, so that more accurate attacks can be made on the enemy. The Navy is now preparing to bring pilotless underwater drones. These drones will keep an eye on enemy submarines and activities and will help in gathering intelligence.
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Business Standard
2 days ago
- Business
- Business Standard
BEL share price up 3%, hits record high on ₹528-cr order win; do you own?
Bharat Electronics share price today: Shares of Bharat Electronics (BEL) hit a new high of ₹435.95, gaining 3 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes after the Navratna defence public sector undertaking (PSU) company secured additional orders worth ₹528 crore. In the past month, BEL has outperformed the market by surging 13 per cent, as compared to 2.8 per cent rise in the BSE Sensex. The stock has bounced back 73 per cent from its April month low of ₹252.25 on the BSE. Secures orders worth of around ₹4,000 crore in June 2025 In the month of June 2025, BEL has secured four orders amounting to ₹3,973 crore. On Monday, June 30, 2025, BEL announced that the company secured additional orders worth ₹528 crore since the last disclosure on June 20, 2025. Major orders received include Radars, communication equipment, EVMs, jammers, shelters, control centre, spares, services etc, BEL said. On June 20, 2025, BEL secured additional orders worth ₹585 crore for fire control and sighting system for missiles, communication equipment, jammers, spares, services etc. Earlier, on June 5, the company received orders from Mazagon Dock Shipbuilders (MDL), Mumbai and Garden Reach Shipbuilders & Engineers (GRSE), Kolkata totally valued at ₹2,323 crore (excluding taxes) for supply of base and depot spares for the missile systems on Indian Naval ships. Further, on June 4, BEL bagged additional orders worth ₹537 crore for communication equipment, advanced composite communication system for ship, jammers, software, simulator upgrades, spares, test rigs, services etc. Meanwhile, on June 6, 2025, BEL announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics towards the development of indigenous electronics and semiconductor solutions in line with the Government of India's vision for self-reliance. BEL FY26 outlook BEL expects FY26 new orders at ₹55,000 crore (₹27,000 crore ex QRSAM) and minimum revenue growth of 15 per cent with a 27 per cent earnings before interest, taxes, depreciation and amortisation (Ebitda) margin (versus 23-25 per cent FY25 guidance). Capex/R&D was guided at ₹1,000/1,600 crore with 90 per cent of revenue from defence. Revenue growth guidance is a minimum 15-17 per cent and 20 per cent long-term, which in analysts' view reflects improving visibility (exports/higher domestic demand) based on the proven competitive edge post recent developments (combat deployment). Potential orders for BEL include the QRSAM (Quick Reaction Surface to Air Missile), next-generation corvettes, and spares for the LRSAM (Long-Range Surface-to-Air Missile), Atulya and Shakti electronic warfare systems. The long-term pipeline includes the Akash, Project Kusha air defense system and SDR (software defined radios), largely led by requirements from the army. Operation Sindoor showcased its technological prowess, enhancing its global credibility and export potential. As a trusted government partner in defence electronics, BEL leverages India's indigenisation push, with its order book projected to hit ₹1 trillion by FY26F. BEL's proven execution and strategic edge make it a compelling buy, with a target price of ₹459, based on a 44× P/E applied to the forecasted FY27F EPS of Rs 10.4, according to analysts at InCred Equities. Aerospace & Defence sector outlook India's defence landscape is poised for transformative growth, underpinned by a record ₹6.81 trillion allocation in 2025‐26—13 per cent of total central expenditure—and a decade‐long compound annual spending increase of 9 per cent. A decisive 13 per cent boost in capital outlay further marks the government's commitment to cutting‐edge modernisation, funding advanced arms, naval vessels, aircraft, R&D, and critical border infrastructure. This dual thrust of robust budgeting and elevated capital investment not only secures operational readiness but also catalyses indigenous innovation and strategic self‐reliance, charting a clear trajectory towards technological transformation and sustained sectoral growth, according to analysts at InCred Equities.
India Today
2 days ago
- Business
- India Today
Defence Ministry to clear Rs 1 lakh crore worth of military deals post Op Sindoor
The Ministry of Defence is set to approve military proposals worth over Rs 1 lakh crore in a key meeting scheduled this week. This will be the first acquisition meeting since Operation Sindoor, aiming to enhance the capabilities of India's armed to defence officials who spoke to India Today, the proposals include a range of critical defence systems such as spy planes, sea mines, air defence missiles, and underwater autonomous major highlight of the meeting will be the likely clearance of three new regiments of the indigenous Quick Reaction Surface to Air Missile (QRSAM) systems for the Indian Army. This project is expected to strengthen India's air defence along the Pakistan border. The QRSAM systems, developed by the DRDO, will be manufactured by Bharat Dynamics Limited and Bharat Electronics Limited. The Indian Air Force is also expected to push forward a proposal to procure three spy planes under the Intelligence, Surveillance, Targeting and Reconnaissance (I-STAR) programme. 'The Intelligence, Surveillance, Targeting and Reconnaissance aircraft would be critical for Air Force's plans to take out ground targets in future,' sources aircraft will be sourced from an original equipment manufacturer and then modified by the DRDO's Centre for Airborne Systems in collaboration with private addition, the Indian Navy is set to propose the induction of DRDO-developed Pressure-Based Moored Mines, designed to target enemy submarines and surface meeting is also expected to review the upgrade programme for 84 Su-30MKI fighter jets, which has already received initial approval from the Defence Acquisition Council (DAC). The DAC will also examine the proposal for acquiring underwater autonomous vessels, marking its first major acquisition decision after Operation Sindoor.- EndsMust Watch
Time of India
2 days ago
- Business
- Time of India
Rajnath-led DAC to clear over Rs 1 lakh crore in defence upgrades amid ongoing Operation Sindoor
Defence minister Rajnath Singh (ANI) NEW DELHI: In the midst of Operation Sindoor, the defence acquisition council (DAC) headed by defence minister Rajnath Singh is set to convene this week to consider a sweeping set of military modernisation proposals worth over Rs 1 lakh crore. According to defence sources cited by ANI, the high-stakes meeting, scheduled for later this week, will include approvals for a wide range of acquisitions aimed at strengthening India's air, naval, and ground defence capabilities. This will be the first DAC meeting since India launched Operation Sindoor, its recent counter-terror and cross-border surveillance campaign. Big push for air defence Among the top proposals is the clearance of the Quick Reaction Surface-to-Air Missile (QRSAM) system developed by DRDO. The Rs 30,000 crore project is intended to significantly bolster the Indian Army's air defence capability, offering interception capability against aerial threats up to 30 km away. IAF eyes ground surveillance The Indian Air Force is also pushing for the purchase of three intelligence, surveillance, targeting and reconnaissance (I-STAR) aircraft to enhance real-time battlefield awareness and precision strike capabilities. These aircraft will be sourced from global manufacturers and then customised by DRDO's Centre for Airborne Systems in collaboration with private sector partners. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Вот что поза во сне говорит о вашем характере! Удивительные Новости Undo Naval and fighter jet upgrades The Indian Navy is expected to seek approval for DRDO-developed pressure-based moored mines, designed to counter enemy submarines and surface vessels. Additionally, the DAC will review the upgrade plan for 84 Su-30MKI fighter jets, a project already greenlit in an earlier meeting. Underwater drones and more Another critical item on the agenda is the procurement of underwater autonomous vehicles, which will be vital for India's maritime surveillance and sub-surface warfare capabilities. As the apex body for capital defence procurement, the DAC's decisions this week could mark a major leap in India's ongoing effort to modernise its forces in the face of emerging threats and geopolitical tensions.
India.com
17-06-2025
- India.com
Pakistan, China shaking with fear as India to get this new missile soon, its name is..., capable of...
Pakistan, China shaking with fear as India to get this new missile soon, its name is…, capable of… QRSAM Missile System: In view of the recent escalation of conflict between India and Pakistan and the ongoing tensions with China, the Indian government is focusing on strengthening the country's air defence system. The Defence Ministry, in the coming months, will present a crucial proposal to the Defence Acquisition Council (DAC), in which there is a plan to include the Quick Reaction Surface-to-Air Missile (QRSAM) system. This missile system will play a significant role in strengthening the security of the country's borders. The recent conflict with Pakistan has shown the importance of a powerful air defence system, where India's S-400 detected and destroyed Pakistan's suicide drones and missiles. Let's know more. As per reports, the Indian Defence Ministry is planning to purchase as many as three regiments of QRSAM missiles with an estimated cost of Rs 30,000 crore. These missiles will be deployed in the western and northern borders. The proposal will be placed for approval in the DAC meeting to be held in the last week of June 2025. QRSAM Missile Quick Reaction Surface-to-Air Missile is capable of detecting and destroying enemy's aircraft, drones and missiles, specially those flying at high speeds. Developed by DRDO in collaboration with Bharat Electronics Limited (BEL) and Bharat Dynamics Limited (BDL), this missile system will be a game changer in safeguarding India's borders from air strikes. QRSAM Missile Features The missile's speed is up to 6000 km per hour. Apart from this, its range is from 3 to 30 kms. Also, its height ranges from 98 feet to 33,000 feet. This missile system will work with India's existing MRSAM and Akash systems, further strengthening security against enemy's aerial threats. Deployment Of QRSAM India's air defence capabilities will be significantly enhanced by the QRSAM system, improving its alertness, accuracy, and overall effectiveness. This system is expected to be crucial in deterring future air attacks and intrusions.
