Hindustan Aeronautics Limited (HAL), Indian National Space Promotion and Authorisation Centre (IN-SPACe), NewSpace India Limited (NSIL), and ISRO on Wednesday signed a technology transfer agreement for the Small Satellite Launch Vehicle (SSLV). The SSLV is a three-stage launch vehicle designed to place satellites weighing less than 500 kg into Low Earth Orbit (LEO). Under the contract, HAL will absorb the technology in the first two years, followed by a 10-year production phase, the company said in a press release. The agreement grants HAL a non-exclusive, non-transferable licence to the SSLV technology, covering design, manufacturing, quality control, integration, launch operations, post-flight analysis, training, and support. HAL will be responsible for mass production of SSLVs to cater to domestic and global demand, it added. "HAL will work closely with IN-SPACe, ISRO, and NSIL to absorb, indigenise, and commercialise the SSLV technology, ensuring the highest standards of qualit
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
Hindustan Aeronautics (HAL) share price rose 3.5 per cent on Wednesday, logging an intra-day high at ₹4,611.6 per share on BSE; here's why
Q1 FY26 company results: Apollo Hospitals, Honasa Consumer, Aavas Financers, Alkem Laboratories, and Cochin Shipyard are also to release their April-June quarter earnings reports today
The first set of wing assemblies for Light Combat Aircraft (LCA) Mk1A, produced by Larsen & Toubro, was handed over to Hindustan Aeronautics Limited (HAL) in Coimbatore, Tamil Nadu, the Ministry of Defence said in an official statement.Secretary (Defence Production) Sanjeev Kumar attended the event virtually, as General Manager (LCA Tejas Division) M Abdul Salam received the assemblies on behalf of HAL from the Precision Manufacturing and Systems Complex unit of L & T.In his address on Thursday, the Secretary (Defence Production) commended the efforts of HAL and L & T towards achieving self-reliance. He hailed HAL for spearheading collaboration with different private sector partners, nurturing them and ensuring enhanced capability. He expressed confidence in meeting the requirement of the production target for LCA Tejas. He called for expanding horizons and focusing on reducing dependency on other countries.Chairman and Managing Director (CMD) of HAL DK Sunil, who was ...
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
Hindustan Aeronautics CMD D K Sunil says the aerospace major is leveraging private-sector partnerships to boost production capacity and address the IAF's concerns over depleting squadron strength
The Hindustan Aeronautics Ltd (HAL) will seal a deal with US defence major GE Aerospace by March to jointly produce a jet engine to power the next generation of India's combat aircraft, the aviation behemoth's chief DK Sunil has said. The mega plan to jointly produce the F-414 engines in India was announced during Prime Minister Narendra Modi's visit to Washington DC in 2023, though the programme suffered from several slippages because of protracted negotiations on the sharing of advanced technologies. In an exclusive interview with PTI Videos, HAL Chairman and Managing Director Sunil said crucial negotiations with GE Aerospace on the transfer of technologies for the engines were concluded and both sides are now focusing on the commercial aspects of the project. "We are now discussing the ToT (transfer of technologies) principles. (We will have) 80 per cent transfer of technology. Those discussions are more or less over," he said. "Now we will be getting into the commercials. So, in
HAL wins bid for end-to-end SSLV production, marking a pivotal shift in India's commercial space ambitions and boosting the small satellite launch ecosystem
In a significant milestone, Hindustan Aeronautics Limited (HAL) was on Friday declared the winner of the bid for the transfer of technology of the Small Satellite Launch Vehicle (SSLV), the ISRO's rocket to place satellites up to 500 kg in low-earth orbit, edging out two consortia, including one led by a defence manufacturer backed by the Adani Group. Fighter jet manufacturer HAL was the standalone bidder for the coveted contract to build the ISRO-designed rocket and was pitted against the two consortia -- one led by Alpha Design Technologies, backed by the Adani Group, and the other led by Hyderabad-based Bharat Dynamics Limited. HAL presented the winning bid of Rs 511 crore to emerge as the sole manufacturer of the SSLV after the completion of the process of transfer of technology that is expected to take place over the next two years. "Under this technology-transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches," Pawan Kumar .
HAL's major units in Karnataka produce Tejas, AMCA, helicopters and trainers, thus forming the backbone of India's defence and aerospace ambitions
Defence Minister Rajnath Singh approves stealth jet programme execution model, which provides equal opportunity to both private- and public-sector players on a competitive basis
Defence sector stocks shine as investor interest rises after showing of India-made armaments and systems during the recent Operation Sindoor
Hindustan Aeronautics Q4 FY25 result: HAL reported ₹13,700 crore in revenue from operations
Q4 FY25 company results today: Muthoot Finance, Torrent Power, and Hitachi Energy will be among 126 companies to post earnings reports for the January-March quarter
Strong fourth-quarter results from private defence firms including Paras Defence and Bharat Dynamics lift sentiment amid expectations of robust FY26 order flows
The Hindustan Aeronautics Limited (HAL) on Sunday said a minor fire broke out in the 'Process Shop' of its Aircraft Division here last night. The fire was quickly contained by HAL's fire services personnel, the company said in a statement. No injuries or major damages were reported, the company further said. There will not be any impact on the production activities of the Division, HAL said, adding that further investigations are on.
HAL said that it cannot respond to or comment on all these reports one-on-one due to the sensitive nature of Defence issues and products
Motilal Oswal has initiated coverage on HAL with a 'Buy' call. The brokerage has set the target for the stock at ₹5,100 per share
The total value of defence contracts awarded by the MoD in 2024-25 crossed Rs 2.09 trillion, double the previous record set in 2023-24