Richard Marles and Pat Conroy announced a new centralised procurement agency for Defence last year. Critics say it'll take more than that to fix the department's 'culture' issues.

In the first budget since the 'Operation Sindoor' conflict, the Indian government has allocated a record ₹7.85 lakh crore to ...

Companies in this sector are typically referred to as ‘counter-cyclical’ stocks, which means they are less likely than other ...

In FY 2024-25, the government earmarked ₹6.22 lakh crore for defence budget, a substantial increase of around 18 per cent compared to FY23 as border tensions persisted. A year later, in FY 2025-26, ...

Last year, the Union Budget made a provision of Rs 6,81,210.27 crore for FY 2025–26 for the Ministry of Defence (MoD). This allocation was 9.53 per cent more than the Budgetary Estimate of FY 2024–25 ...

Following Operation Sindoor in May 2025, the Ministry of Defence reportedly exhausted 62% of its ₹1.72 lakh crore outlay by November 2025, a major acceleration compared to the historical 40-50% ...

Aerospace and defense revenue is set to hit $1.25T by the mid-2030s as defense spending and space tech surge amid supply hurdles. Read why the sector is rising.

Industry and government leaders say Beehive State is poised to be a global leader in the deep tech ecosystem.

While the Ministry of Defence maintains that capability delivery is continuing in parallel with plan development, industry representatives have stressed that clarity remains critical to maintaining ...

Importantly, the capital outlay has been increased to Rs 2.31 Lakh Crore (FY27BE) —a massive 20.1 percent jump from the ...

BDC invests in semiconductor company Irréversible and aerospace company Canada Rocket Company and becomes first partner of ...

There has been a significant rally in Indian defence and shipping stocks, with the defence index climbing around 5 per cent ...