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In July 2021, the UK government announced that the MoD had launched an offer to take over the company for £2.56 million, and intended to invest a further £400 million over the next decade to support defence outputs. Investment was to reportedly include a new heavy forge line and flood alleviation measures.
Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bengaluru (Bangalore). Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. [6]
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
The company's subsidiary, China North Industries Corporation (Chinese: 中国北方工业有限公司 [7]), or simply Norinco, [8] markets Norinco Group's products internationally, and is also involved in domestic civil construction and military defense projects. [9] [10]
The company is engaged in manufacturing defence products mainly related to the Indian Navy. Their defence supplies include propulsion systems, steam turbines and turbo steam engines. Its 80 per cent of the business comes from sugar production, while its ethanol business contributes to about 10 per cent of the turnover. [14]
Navistar Defense also has a small Canadian branch, named Navistar Defence Canada. [3] Navistar Defense reported sales of $3.9 billion in 2008 and $2.8 billion in 2009. [4] In October 2009, the company entered into a strategic agreement with Czech-based company Tatra to jointly develop, produce and market new military vehicles. [5]
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ADS Group Limited, informally known as ADS, is the trade organisation representing the aerospace, defence, security and space industries in the United Kingdom.It has more than 1,000 member companies across its sectors, including some of the UK's largest manufacturers, like Airbus, Rolls-Royce, BAE Systems, Meggitt PLC and GKN.