BUSINESS UPDATES

Lockheed Martin And GlobalFoundries Collaborate To Advance Innovation And Resiliency Of Chips For National Security

MALTA, N.Y., June 12, 2023 — Lockheed Martin (NYSE: LMT) and GlobalFoundries (Nasdaq: GFS) (GF) today announced a strategic collaboration to advance U.S. semiconductor manufacturing and innovation and to increase the security, reliability and resiliency of domestic supply chains for national security systems. This collaboration will enable Lockheed Martin to more quickly and affordably produce secure […]

Read More
GOVERNMENT UPDATES

India’s defense minister, Rajnath Singh, presides over a meeting of the Consultative Committee for the Ministry of Defence. The meeting focused on  self-reliance in defence manufacturing.

Raksha Mantri chairs meeting of Consultative Committee for MoD on self-reliance in Bengaluru National security being strengthened & Armed Forces becoming technologically advanced: Shri Rajnath Singh Raksha Mantri Shri Rajnath Singh chaired a meeting of the Consultative Committee for the Ministry of Defence on ‘Self-reliance in Defence Manufacturing’ in Bengaluru, Karnataka on June 16, 2023. During the […]

Read More
GOVERNMENT UPDATES

The 12th joint Indo-Maldives military exercise, known as Ekuverin commences in India. Ekuverin, which translates to ‘Friends,’ is an annual bilateral exercise that takes place alternately in India and the Maldives.

The 12th edition of joint military exercise “Ex Ekuverin” between the Indian Army & the Maldives National Defence Force has commenced at Chaubatia, Uttarakhand from 11 to 24 June 2023. Ekuverin meaning ‘Friends’ is a bilateral annual exercise conducted alternatively in India and Maldives. A platoon strength contingent from Indian Army and Maldives National Defence Force […]

Read More