NIBE Limited Launches Shirdi Defence Complex with 5 Lakh Ammunition Shell Annual Capacity
NIBE Limited has inaugurated its state-of-the-art Defence Manufacturing Complex in Shirdi, Maharashtra, to bolster indigenous production of artillery and missile systems. The facility introduces high-capacity ammunition manufacturing and next-generation rocket launching technology to support India's self-reliance goals.
MTAR Technologies Secures ₹467.30 Crore International Order for High-Precision Components
MTAR Technologies has received substantial purchase orders worth ₹467.30 Crore ($48.68 million) from a confidential international client. This new business, representing a continuation of regular trade with an existing customer, significantly strengthens the company’s medium-term revenue visibility with execution slated through mid-2027.
Apollo Micro Systems Reports 61% Revenue Growth in FY26; PAT Surges to ₹113 Crore
Apollo Micro Systems achieved record financial performance in FY26, driven by an aggressive shift from a Tier-1 supplier to a global OEM. The company reported consolidated revenue of ₹904 crore and a substantial increase in net profit, supported by a robust defense order book and strategic acquisitions.
Sigma Advanced Systems Bags ₹108.3 Cr North American Order for Artillery Fuses
Sigma Advanced Systems has secured a significant export contract valued at ₹108.3 Crore to supply 90,000 artillery shell fuses to a customer in North America. This ten-month engagement represents the company's first major direct export milestone in the global defense manufacturing ecosystem.
MTAR Technologies Secures Massive ₹2,278.96 Crore International Purchase Order
MTAR Technologies has secured a substantial international purchase order valued at ₹2,278.96 Crore (USD 238.76 million). This repeat business from a global client significantly enhances the company's revenue visibility relative to its current annual turnover.
Rossell Techsys FY26 Revenue Surges 87% to ₹485 Crore as Space and Tech Segments Scale
Rossell Techsys Limited achieved a major milestone in FY26, reporting an 87% year-on-year revenue increase to ₹485 crore. The growth was driven by a strategic expansion into the semiconductor and space segments, which saw volumes grow by over 300%, alongside a strong bid pipeline of ₹4,500 crore.
Rossell Techsys FY26 Revenue Surges 87% to ₹485 Crore Amid Semiconductor Expansion
Rossell Techsys delivered a record financial performance in FY26, transitioning from a business-building phase to a scalable growth trajectory. The company reported significant revenue and profit growth driven by its expansion into the semiconductor and space sectors, supported by a robust multi-year order pipeline.
Zen Technologies Unveils 7 Defence Solutions Including 400km HyperStrike System
Zen Technologies Limited has unveiled seven indigenous defence products at the North Tech Symposium 2026 in Prayagraj. The launch includes high-end systems such as long-range munitions and directed energy weapons, targeting critical gaps in the Indian counter-drone and combat robotics segments.
Zen Technologies Unveils India's First AI-Powered Anti-Drone System with 20km Radar Range
Zen Technologies has introduced a modular, AI-driven counter-drone platform featuring vehicle-mounted, man-portable, and fixed configurations. Launched on the anniversary of Operation Sindoor, the system provides integrated soft and hard kill solutions to address the rising threat of coordinated swarm attacks and FPV drones.