US-India Joint Venture To Modernise Over 100 MiG-29 Fighter Jets in Landmark Defence Agreement

On June 30, 2025, Reliance Defence, a subsidiary of Reliance Infrastructure, entered into a landmark strategic partnership with US-based Coastal Mechanics Inc. (CMI), a Department of Defence-authorised contractor, to address the Indian military’s Maintenance, Repair, and Overhaul (MRO) needs.The agreement, valued at ₹20,000 crore (approximately $2.34 billion), is one of the most ambitious defence
On June 30, 2025, Reliance Defence, a subsidiary of Reliance Infrastructure, entered into a landmark strategic partnership with US-based Coastal Mechanics Inc. (CMI), a Department of Defence-authorised contractor, to address the Indian military’s Maintenance, Repair, and Overhaul (MRO) needs.The agreement, valued at ₹20,000 crore (approximately $2.34 billion), is one of the most ambitious defence
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