Reliance Defence rolls out 2 Naval Offshore Vessels at Pipavav
The Dollar Business Bureau Two Naval Offshore Patrol Vessels (NOPVs), built by Reliance Defence and Engineering Ltd (RDEL), were launched on Tuesday at the company’s shipyard at Pipavav in Gujarat. The two NOPVs - NS001 & NS002, are part of five warships project being built by RDEL for the Indian Navy. “The five NOPVs being constructed at Reliance Shipyard are patrol ships and are armed with 76mm Super Rapid Gun Mount (SRGM) system, along with two 30mm AK-630 guns which provide medium range and short range offensive and defensive capabilities. The armament is remotely controlled through an electronic fire control system,” the company said in a statement. The two naval vessels constructed by a private player is a first in India. Vice Admiral Girish Luthra, ...
Reliance Defence wins Rs.916 cr contract from Defence Ministry
The Dollar Business Bureau Reliance Defence and Engineering Ltd (RDEL), a fully-owned subsidiary of Reliance Infrastructure Ltd (RInfra), has signed a contract worth Rs.916 crore with Ministry of Defence for designing and construction of 14 fast patrol vessels (FPV) for the Indian Coast Guard. Ministry of Defence has undertaken a competitive bidding process, in which RDEL emerged a winner among participants of all public and private sector shipyards including L&T, Goa Shipyard Ltd, Cochin Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd (GRSE), said a statement released by the company. It is for the first time that a private player has been given a contract for designing and building such class vessels for India’s Armed Forces. RDEL will develop the design at its in-house facility, ...
Reliance Defence inks pact with 3 Ukrainian firms
Source: PTI Reliance Defence has signed strategic partnership agreement with three Ukrainian state- owned companies which will allow them to collaborate on a range of military products including transport aircraft, upgrade of armoured vehicles, maritime gas turbines and unmanned aerial vehicles. The development follows a meeting between Reliance Group Chairman Anil Ambani and Ukrainian President Petro Poroshenko in Ukraine this week. During the hour long meeting, the two leaders discussed issues of strategic interest between the Indian and Ukrainian defence and aerospace industry. "As a follow up of the meeting, a Strategic Partnership Agreement was signed between State Owned Ukroboronprom of Ukraine and Reliance Defence, which will allow it to collaborate with Antonov for its range of military and ...
Reliance signs defence deals with Rafael worth $10 billion
The Dollar Business Bureau Reliance Defence Ltd. and Rafael Advanced Defence Systems Ltd. of Israel on Tuesday signed a $10 billion (Rs.65,000 crore) agreement to jointly produce and develop air-to-air missiles, defence systems and large aerostats in India. The collaboration will give a huge thrust to India’s indigenous defence manufacturing ambitions, especially in the areas of developing high precision and state-of-the-art weapon systems in the country. “The strategic partnership with technology power house and one of the world leaders in defence technologies, Rafael Advanced Defence Systems Ltd. of Israel will mark the entry of Reliance Defence in the complex field of air-to-air missiles and air defence systems manufacturing in India,” Reliance said in a statement. The joint venture agreement will have ...
World-class naval facility to come up in Vizag
Reliance Group Chairman Anil Ambani announced the setting up of a naval facility at Rambilli, Vishakhapatnam, with an initial investment of Rs.5000 crore The Dollar Business Bureau The new facility would complement the companys existing plant at Pipavav in Gujarat, with a clear focus on building strategic assets for the Indian Navy. Expanding its existing business, Reliance Group has signed an agreement with the Andhra Pradesh government for the setting up a world-class naval facility at Rambilli along the east coast, 70 kms south of Vishakhapatnam. Reliance Group Chairman Anil Ambani announced the new venture on Sunday while addressing the ongoing two-day investor summit in Vishakapatnam. At an initial investment outlay of Rs.5,000 crore, it will represent the single largest investment at one location ...
Reliance Defence partners Russian firm to develop air missile systems
The Dollar Business Bureau Reliance and AlmazAntey discussed the joint implementation of modernisation, repair and deep overhauls of ‘AlmazAntey’ systems already in service with the Indian armed forces Reliance Defence Ltd. and AlmazAntey - Russia’s leading developer and manufacturer of air defence missile systems - have agreed to develop the entire range of AD missile and radar systems required for Indian defence forces. “DAC approval for acquisition of S-400 air defence missile systems creates business opportunity of about $6 billion (Rs 40,000 crore),” Reliance Ltd. said in a statement. The two companies identified the air defence missile systems including the TOR-1M missile program, radars and automated control systems as areas of partnership under the ‘Make in India’ programme as well ...
Reliance Defence sings agreement with UAE firm
The Dollar Business Bureau Reliance Defence Limited (RDL) on Monday said that it has signed an agreement with Emirates Defence Industries Co. (EDIC) to jointly develop defence products, ships, aviation and MROs. “RDL and EDIC have agreed to jointly explore the opportunity for manufacturing and building capabilities in defense vehicles, aviation and associated areas, defence equipment and armament manufacturing, defence electronics, commercial and naval ships, MRO of military equipment/platforms,” the company said in a statement. Through this MoU, the two companies will explore the opportunity in the UAE defense industry, where the costs for setting up facilities, recruiting and developing scientists and engineers are high. This partnership is aimed at bringing synergy to cut down operational costs and leveraging each others’ ...
