Author: Defenceline Webdesk

DRDO chairman Samir Kamat has raised concerns over aggressive underbidding by industry players, stating that it has hampered the progress of key defence projects, reported The Week.Speaking during the flagging-off ceremony of advanced armoured platforms, both wheeled and tracked, at the Vehicle Research and Development Establishment in Ahilyanagar, he explained that certain projects had been delayed because private companies, having won contracts with the lowest bids, were unable to execute the programmes effectively.He refrained from naming specific projects but emphasised the need for genuine commitment from industry partners to ensure timely completion.Kamat noted that DRDO has sought suggestions directly from…

ARGA Investment Management LP lessened its holdings in Globant S.A. (NYSE:GLOB – Free Report) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,028,759 shares of the information technology services provider’s stock after selling 28,835 shares during the period. Globant comprises 3.6% of ARGA Investment Management LP’s holdings, making the stock its 11th biggest position. ARGA Investment Management LP owned 4.61% of Globant worth $132,620,000 as of its most recent SEC filing. A number of other hedge funds have also recently made changes to their positions in GLOB. Geneos Wealth Management…

Industry * Academia & Education Aerospace, Defense & Security Agriculture Asset Management Automotive Banking & Payments Chemicals Construction Consumer Foodservice Government, trade bodies and NGOs Health & Fitness Hospitals & Healthcare HR, Staffing & Recruitment Insurance Investment Banking Legal Services Management Consulting Marketing & Advertising Media & Publishing Medical Devices Mining Oil & Gas Packaging Pharmaceuticals Power & Utilities Private Equity Real Estate Retail Sport Technology Telecom Transportation & Logistics Travel, Tourism & Hospitality Venture Capital Country * UK USA Afghanistan Åland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan…

India has issued a notification for likely missile tests in the Bay of Bengal region, with the designated range extending to approximately 1,680 kilometres.The notification specifies the period of 01–03 May 2026 as the window for these trials, indicating preparations for long‑range missile activity in the eastern maritime theatre.The announcement highlights India’s continued focus on strengthening its strategic deterrence and operational readiness. The Bay of Bengal has frequently been used as a testing ground for missile systems due to its expansive waters and proximity to key naval facilities.A range of 1,680 kilometres suggests the involvement of systems designed to project…

Optimized Electrotech is entering a decisive new phase, expanding its focus from ground-based defence deployments into space-based surveillance and sensing. The company has secured a ₹35 crore funding round led by Exfinity Ventures, with participation from Blume Ventures, Mela Ventures, and Venture Catalysts Group Angel Fund.This capital will accelerate its ambition to build a sovereign sensing stack for India, integrating land and space capabilities into a unified architecture.The company has already established credibility with four patents in electro-optic systems and multiple wins under the iDEX framework.Its technologies are deployed with the Indian Army and Navy, and across leading defence organisations…

William Courtney, RealClearDefense At the five-year review conference of the Nuclear Non-Proliferation Treaty (NPT) opening on April 27, criticism will be heard that more NATO allies may… Source link

OceanaGold (OTCMKTS:OCANF – Get Free Report) is anticipated to post its results after the market closes on Tuesday, May 5th. Analysts expect OceanaGold to post earnings of $1.25 per share and revenue of $697.3260 million for the quarter. OceanaGold Price Performance Shares of OTCMKTS:OCANF opened at $31.78 on Tuesday. The company has a 50 day moving average of $34.39 and a 200-day moving average of $30.46. OceanaGold has a twelve month low of $8.79 and a twelve month high of $43.33. Analyst Upgrades and Downgrades A number of research firms have weighed in on OCANF. Canadian Imperial Bank of Commerce…

Vietnam is currently contemplating a significant modernisation of its legacy air force to counter China’s rapid military expansion and escalating maritime tensions in the South China Sea, according to an analysis by Malaysia based web portal Defence Security Asia.This effort has led to a strategic contest between the French-made Dassault Rafale and the Russian Su-57, reminiscent of similar procurement debates currently unfolding in India.While Vietnam has maintained a long-standing interest in the Russian Su-57 since 2018, formal discussions regarding the acquisition of two to three squadrons of the Dassault Rafale have been progressing since late 2025.Recent French media reports indicate that…

Robert Wihtol, The Strategist On New Year’s Eve in 1977, U.S. president Jimmy Carter hailed Iran as ‘an island of stability in one of the more troubled regions of the world, Source link

Carmel Capital Partners LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 29.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,424 shares of the electric vehicle producer’s stock after purchasing an additional 3,069 shares during the period. Tesla accounts for about 2.1% of Carmel Capital Partners LLC’s portfolio, making the stock its 12th largest position. Carmel Capital Partners LLC’s holdings in Tesla were worth $6,037,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company. Networth…