Saab, a leading defence and security company, has signed an agreement with Hindustan Aeronautics Limited (HAL) for a laser warning system, the global firm has said. The agreement builds on a "strong partnership between Saab in South Africa and HAL" that began in 2005 during the development of the Advanced Light Helicopter programme, Saab said in a statement. "Saab has signed a Memorandum of Understanding (MoU) with Hindustan Aeronautics Limited (HAL) to collaborate on the Electronic Warfare land Laser Warning System-310 (LWS-310)," it said. The MoU provides for a "Maintenance Transfer of Technology, which aligns with the Indian Defence Procurement Procedure so that HAL will gain the capability to manufacture LWS-310 within India," the company added. This includes setting up necessary infrastructure, and training programmes and transferring "technical expertise" from Saab to HAL to ensure long-term support for the system. State-run HAL is based in Bengaluru. "This MoU reflects Saa
The Air Force has ordered 83 Mk-1A light combat aircraft from HAL, an advanced variant of the operational Mk-1 Tejas
Hindustan Aeronautics Limited (HAL) Q3FY25 results: Consolidated revenue rose to Rs 6,957.31 crore in the October-December quarter
On February 4, HAL through an exchange filing informed investors that its board of directors is scheduled on Wednesday, February 12, 2025, to consider financial results
Q3 FY25 company results, February 12: PFC, RFC, Mamaearth, Dominoes, and Godrej Industries will be among 498 companies to release their performance report for the Oct-Dec quarter
At Aero India 2025, HAL CMD DK Sunil assures delivery of 11 LCA Mk-1A aircraft by the end of FY26
The rise in the HAL share price came after the company announced a healthy set of results in the September quarter of financial year 2025 (Q2FY25)
Initially, GE Aerospace was expected to begin engine deliveries in March 2023 to support HAL's production of Tejas Mk1. However, the first batch of engines is now anticipated to arrive by April 2025
This would impact greater operational and financial autonomy to the HAL's board, allowing it to make project investments up to Rs 5000 crore without seeking government approval
The 240 AL-31FP aero-engines, to be produced at HAL's Koraput division, will include some components sourced from Russia
The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft. The aero-engines will be manufactured by the Koraput division of HAL and are expected to fulfil the Indian Air Force's need to sustain the operational capability of the Su-30 fleet. In a major boost to the Aatmanirbhar Bharat initiative, the Defence Ministry signed a contract with HAL for 240 AL-31FP aero engines for Su-30MKI aircraft at a cost of over Rs 26,000 crore, an official readout said. The contract agreement was inked by the senior officials of the ministry and the HAL in the presence of Defence Secretary Giridhar Aramane and Chief of Air Staff Air Chief Marshal V R Chaudhari.
As per a Defence Ministry release, the delivery of these aero-engines would start after one year and complete over a period of eight years
At the Shakti engine's current unit price of Rs 8-10 cr, the expense on these engines would amount to Rs 40,000-50,000 cr
With a 55% stock rise, defence major is taxiing towards growth, and brokerages have upgraded their earnings forecasts
The state-owned fighter jet manufacturer and maintenance firm said its consolidated net profit rose to Rs 1,437 crore ($171 million) in the quarter ended June 30
The aircraft was first planned to be delivered to the IAF by February-March timeframe this year but the schedule has been shifting for one reason or another
The second and concluding part of the series on India's indigenous aerospace industry traces HAL's strategy to retain its position as the country's top-performing defence PSU
In the first of a two-part series on India's indigenous aerospace industry, Business Standard traces HAL's pioneering research and development
Embark on the first leg of a four-part journey as the Tejas fighter undergoes an evolution
HAL is the primary supplier of India's military aircraft, helicopters, engines, avionics and accessories and the main provider of maintenance for defence aerospace