Adani Aerospace And Defence Limited

Founded in 2015, and based in Gujrat, India, Adani Aerospace and Defence Limited is engaged in defense technology and aerospace products. The founder, Gautam Adani, has a history of establishing various successful enterprises across different sectors. Currently, Adani Aerospace operates under the larger Adani Group umbrella, which has diversified interests in multiple industries. Ashish Rajvanshi is leading the firm as CEO as of 2024.

In December 2024, Adani Aerospace And Defence Limited agreed to acquire an 85. 8% majority stake in Air Works India from GTI Capital Group, Elephant Capital, New Enterprise Associates, Punj Lloyd Group, and Burman Family Holdings. Adani Defence & Aerospace offers a wide array of technology-enabled military and aerospace products designed to support India's defense capabilities and global security efforts. Their core offerings include precision Unmanned Aerial Vehicles (UAVs) for surveillance and reconnaissance, advanced counter-drone systems, and next-generation small arms and munitions tailored for the armed forces and law enforcement agencies.

They also provide comprehensive missile systems, which encompass both short and long-range guided missiles, designed for critical operational strikes. Additionally, Adani Defence offers aircraft services and Maintenance, Repair, and Overhaul (MRO) solutions, ensuring the continued performance and reliability of defense assets. Their products are marketed primarily to government defense departments, military organizations, and law enforcement agencies within India and other international markets, aligning with the nation’s strategic defense initiatives. Adani Defence & Aerospace generates revenue through various business transactions, primarily structured around B2B engagements with government and military clients.

The company operates on a project-based contract model, wherein specific defense solutions, such as UAV systems and missile technology, are tailored to meet the unique requirements of their clients. Revenue streams are further supported by ongoing maintenance and support contracts, particularly in their MRO services, ensuring sustained income through long-term partnerships. Financial engagements involve milestone payments tied to project deliverables, alongside recurring revenues from servicing and upgrades of existing systems.