Sector / Industry News › Sub-category
Defence & Aerospace
14 articles
Centum Electronics reported a strong fiscal year 2026, with a 28.4% year-over-year increase in EBITDA and a 62.7% rise in pre-exceptional profit before tax, driven by a 25.4% revenue growth to ₹9,731 crore and a robust order book. While the company faces international restructuring challenges, including discontinuing Canadian operations and judicial reorganization in Europe, it continues to advance its domestic defense and aerospace capabilities, highlighted by SAMAR Maturity Level 5 certification and EcoVadis sustainability recognition. Several other defense-related developments emerged, including ideaForge's record-breaking quarterly revenue and profit, DCX Systems and IAI's groundbreaking for a radar manufacturing facility, and Indo-National's acquisition of Aidin Technologies, all contributing to India's self-reliance in defense electronics.
Apollo Micro Systems FY26 Revenue Up 60.9% YoY
Apollo Micro Systems reported strong FY26 results with consolidated revenue of ₹9,043.2 million, up 60.9% YoY, and PAT of ₹1,073.8 million, up 90.5% YoY.
The company completed a strategic ₹107 crore a
Apollo Micro Systems FY26 Breakthrough Year & Vision 2036
Apollo Micro Systems completed 100% acquisition of IDL Explosives, gaining strategic licenses for HMX/TNT manufacturing and access to mining markets.
Company transitioned to Original Equipment Manufac
Tirupati Forge Q4FY26 PAT Declines to INR 15.2 Mn
Tirupati Forge reported Q4FY26 revenue of INR 430.3 Mn and PAT of INR 15.2 Mn, with FY26 revenue increasing to INR 1,659.4 Mn from INR 1,162.9 Mn in FY25.
The company successfully commissioned its def
Defence Ministry Lays Foundation for ₹20,180 Crore Projects
Foundation stones laid for AMCA Core Integration Centre (₹2,000 crore) and Naval Systems Facility (₹480 crore) in Andhra Pradesh.
Grounding ceremonies held for Defence Energetics Facility (₹1,500 cror
Bharat Forge Subsidiary Breaks Ground on ₹1,500 Crore Defence Facility
Agneyastra Energetics, a Bharat Forge subsidiary, begins construction of a 1,000-acre defence manufacturing facility in Andhra Pradesh.
The project involves a planned investment of ₹1,500 crore over 2
Centum Electronics Q4 FY26 Earnings Presentation
Centum Electronics reported strong standalone operational performance with FY26 EBITDA up 28.4% YoY to ₹121 crore and PBT before exceptional items up 62.7% YoY to ₹100 crore.
The company is discontinu
IAF Maintenance Command Conducts Aerospace Power Seminar
Headquarters Maintenance Command and CAPSS conducted a Joint Aerospace Power Seminar in Nagpur on 11 May 2026.
The seminar focused on efficient maintenance practices and Atmanirbharta (self-reliance)
ACS Technologies Signs MoU with XDLINX for Space-Defence Synergies
ACS Technologies executed a non-binding MoU with XDLINX Space Labs to explore collaborative opportunities in space-defence technology integration.
The partnership targets joint development of satellit
ideaForge Q4 FY26 Revenue Soars 595% YoY
ideaForge reported its highest quarterly revenue of INR141 crores in Q4 FY26, a 595% YoY increase, with PAT of INR60 crores and a 42.5% margin.
The company booked approximately INR530 crores in orders
DCX Systems and IAI Break Ground on Tamil Nadu Radar Facility
DCX Systems Ltd and Israel Aerospace Industries' ELTA Systems held a groundbreaking ceremony for their joint venture ELTX Systems' new radar manufacturing facility in Tamil Nadu on May 4, 2026.
The fa
ideaForge Q4 Revenue Hits INR 141 Cr with INR 60 Cr PAT
ideaForge reported its strongest quarterly performance with Q4 revenue of INR 141 crore and PAT of INR 60 crore (42.5% margin).
The company achieved highest-ever annual order bookings of ~INR 530 cror
Indo-National Acquires 51% Stake in Aidin Technologies
• Indo-National Limited's Board approved acquiring 51% stake in Aidin Technologies Private Limited for a total consideration of ₹78.99 crore.
• The acquisition provides entry into the defence electron
Magellanic Cloud Announces ₹100 Crore UAV Joint Venture
Magellanic Cloud forms $11M joint venture with Rayonix Tech and XTEND for UAV manufacturing in India.
JV will manufacture advanced tactical drones using XTEND's XOS operating system for defence applic
Magellanic Cloud Enters INR 150 Crore Defence UAV Partnership
Magellanic Cloud executed a strategic investment and collaboration agreement with Rayonix Tech for UAV development.
The partnership involves up to INR 150 crore investment to manufacture warfare-grade