AGP Executive Report
Last update: 5 hours agoExport Deals: Türkiye’s ASELSAN secured a $1.1 billion air-defence export contract, while a planned Türkiye-Saudi Arabia-Pakistan pact would deepen defence-industry cooperation and military coordination. Indigenous Production: Pakistan tested its first homegrown Fa’az air-to-air missile, and India signed ₹53,866 crore in contracts for eight next-generation corvettes as it targets ₹3 lakh crore in defence production by 2029. Naval Innovation: At Euronaval, France launched a naval-drone industry partnership, Babcock expanded its uncrewed-warship framework with new technology partners, and France agreed with Naval Group and MBDA to double FDI frigates’ Aster missile cells. Ukraine Support: Norway committed about $96 million to Ukraine’s defence industry, aiming to draw in private investment. US Industry: Wall Colmonoy won a multiyear Air Force contract to remanufacture F-16 heat exchangers, supporting fleet readiness and extending component life.
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