Page 4 - Hal Hindustan Aeronautics

HAL sets up Rs 208 crore rocket engine manufacturing facility for Isro

The Hindustan Aeronautics Limited has set up a Rs 208 crore Integrated Cryogenic Engine Manufacturing Facility (ICMF) here that would cater to the entire rocket engine production under one roof for Indian Space Research Organisation. President Droupadi Murmu will inaugurate the state-of-the-art ICMF, set up over an area of 4,500 square metres housing over 70 hi-tech equipment and testing facilities for manufacturing cryogenic (CE20) and semi-cryogenic (SE2000) engines of Indian rockets, on Tuesday. In 2013, an MOU was signed with ISRO for establishing the facility for manufacturing cryogenic engine modules at HAL, Aerospace Division, and it was subsequently amended in 2016 for setting up of ICMF with an investment of Rs 208 crore. The commissioning of all the critical equipment for the manufacturing and assembly requirement has been completed, Bengaluru-headquartered HAL said on Monday, adding that the pre-production activities which involve preparation of the process and quality ..

Extended-range BrahMos cruise missile costs under $5 million

Navy buys most advanced version of BrahMos for Project 15B destroyers

Hindustan Aeronautics developing long-endurance drone for vigil over LAC

Hindustan Aeronautics Ltd (HAL) is working on an AI-driven multi-role, advanced and long-endurance drone for strategic missions in high-altitude areas including along the frontiers with China

HAL signs contract worth over $100 mn with Honeywell for HTT-40 engines

The Hindustan Aeronautics Limited (HAL) on Wednesday signed a contract worth over USD 100 million with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40). HAL CMD R Madhavan said the company has successfully developed Basic Trainer Aircraft (HTT-40) to address the basic training requirements of the IAF. "There is (a) potential requirement of 70 aircraft. The contract for the same with IAF is under advanced stage of approval, he added. We are proud of our four decade long partnership with HAL and happy to extend our relationship with this new order, said Senior Director, OE Sales, Honeywell Defense & Space, Eric Walters. The TPE331-12 family of engines has proven itself in operations all over the world, and we have committed to support and deliver engines as well as kits within the stipulated schedule to meet the requirements of the IAF. Honeywell is committed to support ...

HAL stock at new high on strong Q4, prospect of bagging defence orders

State-owned aeronautics firm appears to have countercyclical strength, as supply of spares and lack of diversification are potential downside risks.

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains

These 5 PSU stocks can jump as much as 25 per cent from the current levels, provided the overall market momentum stays strong

BHEL bags order to supply compact heat exchanger sets for Tejas aircraft

The order envisages manufacturing, assembly, testing and supply of compact heat exchangers to be fitted in the light combat aircraft, Tejas, being manufactured by HAL

HAL pays second interim dividend of Rs 376 cr for FY21 to government

The central government on Wednesday received the second interim dividend cheque of Rs 376.94 crores for the financial year 2020-21 from the Hindustan Aeronautics Limited (HAL)

Hindustan Aeronautics' light utility chopper for army gets initial nod

The chopper received the initial operational clearance (IOC) from the military aviation regulator on Friday

HAL extends decline after govt's 15% stake sale; stock tanks 26% in 4 days

Despite a 26% decline, the stock has outperformed the market by surging 60% in the past three months, against a 17% rise in the S&P BSE Sensex.

Hindustan Aeronautics surges 17% in two days, hits fresh 52-week high

ICRA has assigned a long term rating of double A and a short-term rating of A one plus for the company's bank facilities with stable outlook.

CARE downgrades Hindustan Aeronautics' rating as receivables rise

HAL is majorly owned by the government and has a strategic role in the defence programme.

HAL's Goa helicopter MRO project to be functional soon, says Shripad Naik

The HAL and Safran Helicopter Engines, had entered into a joint venture to set up this helicopter maintenance plant at Honda village in North Goa

IAF holds back Rs 20,000 crore from HAL, as foreign vendors get paid

With zero cash balance, firm takes Rs 781-crore loan to pay salaries

HAL's indigenous trainer aircraft poised for first flight on Tuesday

HAL projects it will build the first two HTT-40 trainers in 2018, eight in 2019, and reach its capacity of 20 a year from 2020