Latest news with #AdaniDefenceandAerospace
Time of India
5 days ago
- Business
- Time of India
Adani Defence, Prime Aero form joint venture to acquire AAR Indamer MRO at Mihan
Nagpur: Adani Defence and Aerospace has formed a joint venture entity with Prime Aero, a company headed by NCP leader Praful Patel's son Prajay, to acquire AAR Indamer Technics Private Limited. Coincidentally, Prajay is also a director in AAR Indamer. Together, Adani Defence and Prajay's company Prime Aero Services LLP have formed a new entity, Horizon Aero Solutions Limited, to buy AAR Indamer now. AAR Indamer runs an aircraft maintenance, repair, and overhaul (MRO) depot in Mihan-SEZ in the city. Indamer started operations in 2021, emerging as the second MRO depot in the SEZ. The facility caters to Airbus aircraft. A couple of years ago, the company also announced plans to take up the overhaul of helicopters. Currently, it caters to Indigo Airlines, Vistara and Air India. A press release issued by Adani Group says, "Adani Defence and Aerospace, in partnership with Prime Aero, signed a binding agreement to acquire a 100% stake in Indamer Technics Private Limited. The investment is made through Horizon Aero Solutions Limited, a 50:50 venture between Adani Defence and Aerospace along with Prajay Patel-owned Prime Aero." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo Indamer's facility in Nagpur spans over 1.20 lakh square meters. Adani Group sees it as a strategic acquisition, expanding its business into the aircraft maintenance business. The facility has a capacity to accommodate 15 aircraft bays across 10 hangars. It has approvals from DGCA, FAA, and other global civil aviation regulators, the press release said. "With Indian aircraft carriers set to induct more than 1,500 aircraft, we are at the cusp of a new era of aviation. The acquisition is the next step towards the company's push to establish India as a premier global MRO destination. The plan is to create a single-point aviation services platform," said Jeet Adani, director of Adani Airports. Commenting on the development, Adani Defence and Aerospace CEO Ashish Rajvanshi said the acquisition further strengthens the company's capabilities in the MRO segment. Nagpur's location at the centre of the country also adds value by bolstering the MRO's pan-India footprint. "The collaboration brings together deep-rooted engineering excellence and growth capital," commented Prajay. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
The Print
25-07-2025
- Science
- The Print
DRDO successfully tests latest version of UAV-launched precision missile, ULPGM-V3
Developed by the Defence Research and Development Organisation, in collaboration with Adani Defence and Aerospace and Bharat Dynamics Limited, the V3 was released from an UAV, developed by Bengaluru-based Newspace Research Technologies, at the National Open Area Range (NOAR) test range in Kurnool, Andhra Pradesh, the Ministry of Defence said in a statement. The V3 can be equipped with multiple warheads, including Anti-armour, to destroy modern age armoured vehicles, penetration-cum-blast warhead with anti bunker application, and pre-fragmentation warhead. New Delhi: India has successfully conducted flight trials of the latest Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM), the V3 version, marking a significant upgrade in India's defense capabilities. Weighing around 12.5 kg, it has a range of over 10 km, a significant upgrade over the previous V2 version, which had the daytime range of up to 4 km. This extended range allows for bigger standoff distances. Also known as the UAV Launched Missile- Extended Range (ULM-ER), the V3 version uses a fire-and-forget mechanism powered by a dual-thrust solid propulsion unit. It is equipped with a passive homing system using an imaging infrared (IR) seeker, allowing accurate target engagement in both day and night conditions. Boasting an accuracy of approximately 10 cm, it is capable of engaging both static and moving targets with high precision. The latest version operates fully autonomously, without the need of constant human oversight. This feature is advantageous in complex environments where real-time control may be limited. A two-way datalink enables updates and retargeting when required. Showcased at the Aero India 2025 show held in Bengaluru in February, the ULM-ER's main differences with V1, V2 lie in improvements in guidance systems, performance and range. Defence minister Rajnath Singh has congratulated DRDO and the industry partners among others for the development and successful trials of the ULPGM-V3 system. (Edited by Tony Rai) Also Read: India to acquire 5th-gen fighters as interim solution? Defence secy says talks with partners are ongoing
Hans India
18-05-2025
- Business
- Hans India
Adani Defence joins Sparton to indigenise anti-submarine warfare solutions for India
Adani Defence and Aerospace on Sunday said it has signed a collaboration agreement with Sparton (DeLeon Springs LLC), a group company of Elbit Systems and a leading provider of advanced anti-submarine warfare (ASW) systems. This marks a significant step toward localising the assembly of complex electronic systems and advanced ASW solutions for the Indian and global markets. With this collaboration, Adani Defence and Aerospace becomes the first private sector company in India to offer indigenised sonobuoy solutions, underscoring its commitment to bolstering the nation's self-reliance. "In an increasingly volatile maritime environment, strengthening India's undersea warfare capabilities is not merely a strategic priority but an imperative for safeguarding sovereignty and national interests,' said Jeet Adani, Vice President of Adani Enterprises. According to him, the Indian Navy requires integrated, mission-ready ISR and anti-submarine warfare capabilities, including critical systems like sonobuoys, that are indigenously developed, swiftly deployable, and globally competitive. "Through this partnership with Sparton, Adani Defence and Aerospace becomes the first private company in India to offer indigenised sonobuoy solutions, enabling access to advanced technologies while fostering a future-ready, self-reliant defence ecosystem. This initiative reflects our Group's vision of empowering India's armed forces with world-class capabilities that are designed, developed, and delivered in India, for India and the world," Jeet Adani added. The partnership will combine Sparton's pioneering ASW technology with Adani Defence's established expertise in development, manufacturing, and sustenance for the Indian Navy. Sonobuoys are mission-critical platforms for enhancing Undersea Domain Awareness (UDA), providing an effective means to detect, locate, and track submarines and other underwater threats. Playing a key role in anti-submarine warfare (ASW) and other naval operations, they support in maintaining naval security and in protecting naval carrier strike groups. Ashish Rajvanshi, CEO, Adani Defence and Aerospace, said: "For decades, India has been dependent on imports for such critical technology. This partnership to bring world-class sonobuoy technology and integrating it with India's defence ecosystem is a step towards building self-reliant capabilities in this critical domain." For decades, India has been importing this critical naval capability from global markets, increasing our dependency on foreign OEMs. Aligned with the 'Aatmanirbhar Bharat' and 'Make in India' initiative, Sparton's ongoing relationship with the Indian Navy will now facilitate Adani Defence to indigenise the delivery of these solutions that are made in India, for India. "Sparton has a long legacy for problem-solving solving advanced engineering, and manufacturing of America's best maritime defence solutions. We are proud to partner with Adani Defence & Aerospace to bring our proven anti-submarine warfare (ASW) technologies to India,' said Donnelly Bohan, President and CEO, Sparton DeLeon Springs LLC. This partnership will enable us to localise assemblage, create high-technology skill sets, and deliver reliable ASW solutions tailored to the India Navy's needs, Bohan added. Adani Defence and Aerospace has established a vibrant ecosystem of start-ups and MSMEs with an export-oriented mindset, best-in-class processes, and quality management systems.
