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    D
    Defence
    TREND | 03 May 2023

    April Digest: MFRA and XLUUV in focus

    buy
    Defence
    by ICICI Securities Limited
    ICICI Securities Limited
    Our analysis of defence updates for Apr’23 indicates that: 1) IAF will soon approach MoD for acceptance of necessity (AoN) for the Multirole Fighter Aircraft (MRFA) programme in order to ensure that production begins by CY28.
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