Lohia Group enters the Aerospace and Defence sector with the acquisition of Light & Strong Limited (Israel)

Lohia Group enters the Aerospace and Defence sector Announces the acquisition of Light & Strong Limited (Israel) The Lohia Group marked its entry into the Aerospace and Defence sector with the acquisition of Israel-based Light & Strong Limited. Specializing in aerospace and military carbon fibre and glass fibre composite components production, the firm’s established pedigree […]

HAL Shows Growth in Nine Month Period (F.Y. 2018-19)

The financial results of Hindustan Aeronautics Ltd. approved at its Board Meeting held yesterday in Delhi for the nine month period ended December 31, 2018 has shown growth as compared to corresponding period ending 31st Dec 2017. The HAL revenue and profits before tax up to third quarter ended December 2018 (April–December 2018) have registered […]

Statement from Reliance Defence

A Reliance Defence Spokesperson said “the purported email being referred to by the Congress Party is regarding the discussion between Airbus and Reliance Defence, pertinent to Civil & Defence Helicopter Programs under the ‘Make in India’ program.   Discussions on the proposed MoU were clearly held with reference to cooperation between Airbus Helicopter and Reliance.  […]