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Spirit AeroSystems manufactures fuselages and other major components for both Airbus and Boeing

Germany has been on a defence spending spree since Scholz declared a 100-billion-euro ($109-billion) special budget to replenish its supplies following Russia's invasion of Ukraine

RBI’s approval is valid for one year from the date of RBI’s letter, ie, till February 4, 2025

UAVs have been widely utilized by both Ukraine and Russia throughout the 22-month war

Ananthakrishnan and other senior company officers briefed the visiting guests on HAL's different activities and gave a presentation on the occasion

Tata, ITC, Nestle, Kraft Heinz, and Nissin Foods are among the potential bidders. Bloomberg had earlier said that Nestle was in talks with Capital Foods' management about a prospective acquisition that would likely value the company at above $1 billion.