HAL stated that the report presents One-sided view with misleading commentary on the orders issued by the Indian Army for a one-time check of ALH helicopters
Two Tejas Mark-1A fighter jets are likely to be delivered next month by the state-run aerospace major Hindustan Aeronautics Ltd (HAL), Defence Secretary R K Singh said on Saturday. Singh also said that the government is likely to ink a fresh contract with HAL for procuring an additional batch of 97 Tejas jets after the delivery of the two aircraft. The Indian Air Force had flagged concerns over delays in the delivery of the Tejas Mark 1A jets under a previous contract. "Hopefully, the first two of those will be delivered with weapons integration by the end of September," Singh said at the NDTV Defence Summit. The defence secretary said about 38 Tejas jets are already in service and another 80-odd are being manufactured. In February 2021, the defence ministry sealed a Rs 48,000 crore deal with HAL for the procurement of 83 Tejas Mk-1A jets for the IAF. The delivery of the jets is facing delays primarily due to the US defence major GE Aerospace missing several deadlines for the sup
HAL posted a 4.11 per cent year-on-year (Y-o-Y) decline in net profit at ₹1,377 crore in Q1FY26, compared to ₹1,436 crore in the same quarter last year (Q1FY25).
Nifty India Defence index declined 2% in Friday's intra-day trade, corrected 17% from its all-time high level of 9,195.15 touched on June 6, 2025.
The Hindustan Aeronautics Limited (HAL) plans to boost its revenues through focussed efforts on the export of accessories related to aircraft and other platforms, a senior official has said. In an interaction with mediapersons at the HAL's accessories division here on Wednesday, the official also said the platforms and components made by the state-run firm now reach "nearly 30 countries". He emphasised that the HAL is already working with the government to deepen domestic capability across aircraft systems, while endeavouring to widen its export footprint. The defence public sector undertaking (PSU) has plans to ramp up revenues through the export of accessories related to aircraft and other platforms, including Dornier Do-228, he said. "This is part of focussed efforts at the corporate level," the official working with the HAL's accessories division said. The division supports this strategy through documentation, post-sale engineering support and modification services, officials
The sharp rally in defence stocks came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.
HAL's major units in Karnataka produce Tejas, AMCA, helicopters and trainers, thus forming the backbone of India's defence and aerospace ambitions
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
At 11:37 am; Nifty India Defence index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 0.66 per cent decline in Nifty 50.
The Hindustan Aeronautics Ltd on Saturday clarified that it has not finalised any consultancy firm to benchmark its Research and Development (R&D) processes. The clarification comes in response to some social media posts claiming that it has selected PricewaterhouseCoopers (PwC) for the task. "A few posts on social media (X) have falsely stated that HAL has finalised the selection of a consultancy firm, PwC to benchmark its R&D activities," the HAL said in a statement. "HAL would like to state that no firm has been finalized yet for the benchmarking of its R&D processes," it added. According to HAL, it had issued a Request for Quotation (RFQ) for engaging a consultancy firm to conduct a benchmarking study of its R&D framework against global Aerospace and Defence companies. The decision to initiate this benchmarking exercise was taken based on the recommendations made by the high power committee on Public Undertakings as part of HAL's continuous improvement and ...
The sharp rally in HAL shares came after the Ministry of Defence (MoD) signed two major contracts with HAL on March 28, 2025
The aviation and aero-defense company's stock was in demand after it signed an amendment to the LCA Mk1 FOC Contract dated December 23, 2010, revising the contract value to ₹6,542.2 crore
The Tejas Mk-1A is an Rs 48,000 crore order accounting for 37 per cent of HAL's order book of Rs 1.3 trillion
HAL share price: The delivery of the first F404-IN20 engine irons out supply chain issues for HAL. ICICI Securities has upgrades HAL stock to 'Buy' from 'Add'
HAL share price rose after Ohio, US-based aerospace company GE Aerospace delivered the first of 99 F404-IN20 engines to Hindustan Aeronautics for Tejas Light Combat Aircraft Mk 1A Fighter Jet
The surge in these stocks followed the news that the Goods and Services Tax (GST) Council is likely to announce a uniform 5 per cent GST rate on all commercial-use drones in its upcoming meeting
The Centre approved faster defence procurement guidelines along with granting preliminary approvals for military procurement proposals worth over ₹54,000 crore
HAL's Kanpur branch received an email from cybercriminals posing as the genuine US-based dealer
On the final day of Aero India 2025, Hindustan Aeronautics Limited has announced that the HAL Management Academy, its nodal training agency, and the Indian Institute of Information Technology, Dharwad have signed a MoU to strengthen industry-academia collaboration in advanced technologies. The partnership will focus on joint research, internships, and technical education in areas such as Artificial Intelligence, Data Science, Robotics, AR/VR, and Digital Manufacturing, particularly in applications relevant to the aerospace and defence sectors, stated a press release issued by HAL on Friday. Under this MoU, HAL officers will have opportunities to pursue higher education at IIIT Dharwad, while students will gain hands-on experience through internships at HAL's various divisions, stated the release. The collaboration also includes joint workshops, technical paper publications, and faculty exchange programmes, it added. This partnership will enhance knowledge-sharing and innovation, ...
The uptick in HAL share price came after the company posted a healthy set of Q3FY25 results