#military-spending
HFCL eyes defence expansion as geopolitical tensions drive military spending
As part of its defence strategy, HFCL has consolidated its aerospace, aerostructure and defence operations under a newly formed subsidiary, HFCL Advance Systems Pvt Ltd
Global military spending hits record high amid warnings of new arms race
The world is spending more money on weapons than ever before, reaching nearly $4 trillion in 2025.