Private Defence Companies

L&T bags order from HSL for FSS valued between Rs.1,000 Cr to Rs.2,500 Cr

by
L&T bags order from HSL for FSS

L&T bags (Significant*) Order from HSL for Part Construction of Two Fleet Support Ships. L&T’s Precision Engineering & Systems business vertical has secured a significant order from Hindustan Shipyard Limited (HSL) for the part construction of two Fleet Support Ships (FSS) for the Indian Navy. The Indian Navy signed a contract with HSL in August Read more: L&T bags order from HSL for FSS valued between Rs.1,000 Cr to Rs.2,500 Cr..

CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies

by
CRISIL predicts 20% revenue growth in FY25

CRISIL Ratings predicts a 20% revenue growth for top 25 private aerospace and defence companies in India for the fiscal year 2024-25. Moreover, the revenue may reach approximately ₹13,500 crore in addition. This growth is attributed to increased government spending and efforts to encourage private participation in the defence sector. The order book to operating Read more: CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies..