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The Mumbai-based company expects exports to reach around ₹120–130 crore in FY27, compared with approximately ₹50–60 crore in FY26, Technical and R&D Director Amit Mahajan told Reuters. Exports accounted for roughly 10% of Paras Defence’s revenue during the previous financial year.
India and the United States are preparing to conduct the 22nd edition of Exercise Yudh Abhyas in September 2026, with part of the bilateral Army exercise scheduled at Auli in Uttarakhand, around 95 km from the Line of Actual Control with China. The exercise will also include a major desert-warfare phase at the Mahajan Field Firing Range in Rajasthan, exposing troops to two very different operational environments.
The Army describes the new formation as a means of improving aerial agility, responsiveness and battlefield reach while providing commanders with persistent “eyes in the sky.” Unlike small tactical drones routinely operated by frontline formations, Baaz Battalions are intended to handle more demanding unmanned missions over wider areas and longer periods. Their role is therefore as much about creating a specialised organisational structure for drone warfare as it is about adding more UAVs to the inventory.
Nabhastra’s emergence as the lowest bidder (L1) places the Indian defence technology company in a strong position in the procurement process. The reported GeM procurement concerns a quantity of 30 long-range VTOL kamikaze drones, intended to provide an indigenous precision-strike capability.
With more than 80 percent indigenous content, Mangrol reflects the increasing participation of Indian industry in the development and construction of specialised naval platforms. The vessel has been designed primarily for operations in India’s coastal waters, where shallow-water environments present unique challenges for detecting and tracking underwater threats.
The exercise involved complex Large Force Employment missions conducted in a demanding, high-threat and multi-domain operational environment. Such missions are designed to test the ability of participating forces to coordinate large formations of aircraft, integrate different platforms and execute complex combat scenarios involving multiple allied air forces.
Hindustan Aeronautics Limited has reportedly moved an indigenous Head-Mounted Display Generator into endurance testing, marking an important step towards qualification of a domestically developed cockpit avionics subsystem. The programme could strengthen India’s ability to develop advanced helmet-mounted display technology for present and future combat aircraft while reducing dependence on imported avionics.
Field artillery formations depend on a continuous supply of shells, propellant charges, fuzes, fuel and other stores. In modern combat, these logistics movements are increasingly vulnerable to reconnaissance drones, loitering munitions and counter-battery fire. A UGV could help carry ammunition and equipment through the final and most dangerous part of the supply route without placing soldiers inside a vehicle.
The approximately 250-kg-class aircraft is being developed as the first flying technology demonstrator for the wider FWD Supreme family. Flying Wedge intends to use it to validate aerodynamic characteristics, flight-control architecture, autonomous technologies and other systems before transferring lessons from the demonstrator to substantially larger aircraft.
Recent reports indicate that the proposal is expected to come before the CCS following completion of several layers of technical, commercial and financial scrutiny. However, as of August 21, 2026, the government has not publicly announced final CCS approval for the acquisition. The programme should therefore be described as moving toward final approval rather than as an already sanctioned contract.
