A National Audit Office (NAO) review found that for every £1 the MoD spent on counter-fraud work over four years, it recouped 48p on average.

The NAO estimates that the potential exposure to fraud could reach up to £1.5 billion per year, with the majority of risk arising from defence procurement activity. Other areas identified include ...

Axiscades Technologies shares hit a 5 per cent upper circuit on the BSE at ₹1,234.45 per share. The buying on the counter came after the company bagged orders from two companies in the United States ...

In the Union Budget 2025, Rs 6,81,210.27 crore was proposed for the Ministry of Defence (MoD).

The National Audit Office (NAO) has found that the Ministry of Defence (MoD) recouped less than half of what it spent over the past four years on tackling criminal economic activity, including ...

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Boeing confirmed that the deal for 24 F-15EX will not proceed, with Indonesia meanwhile signing a Letter of Intent to replace the Hawk with the M-346F ...

Ministers faced questions over naval shipbuilding, with MPs pressing on export claims, access for domestic yards, foreign ...

By Yellapu Santosh, research analyst, Anand Rathi Institutional EquitiesWe come away positively by the scale, composition of the FY27 defense budget, .

Defense Ministry says its potential exposure to fraud can reach up to $2B a year, largely from procurement, according to National Audit Office - Anadolu Ajansı ...

The Navy sees HELIOS and other directed energy weapons as critical capabilities, but has faced persistent challenges in ...

Homicides at lowest level for more than 40 years as knife crime falls - The fall reflects a sharp decrease in the number of ...