Inside Swan's big defence export to Oman

Swan Defence and Heavy Industries landed a defence export order from Oman to build them a next-gen naval training ship. 

Stock action: the stock has surged over 3,000% over the past year, driven by a steady stream of order wins and updates.

What’s going on: it’s meant for the Royal Navy of Oman and should be delivered in about 18 months.

Think of it like a floating training campus, classrooms, training offices, accommodation, and even an auditorium for up to 70 officer cadets. It’ll also have advanced navigation and communication systems, plus the ability to support helicopter operations.

Big win for India too, it backs our homegrown shipbuilding and adds more weight to India-Oman defence ties.