Page 4 - Hal

New orders, improving execution to boost Hindustan Aeronautics' prospects

DAC's Rs 2.23 trillion proposal approval likely to pay rich dividends to HAL

CDS General Anil Chauhan to open HAL's avionics exposition in Delhi

State-owned aerospace and defence equipment maker to showcase capabilities in avionics

CDS to inaugurate Avionics Expo-2023 in Delhi, focus on HAL capabilities

Hindustan Aeronautics Limited is all set to showcase its rich legacy in the design, development and production of a diverse range of avionics systems during Avionics Expo-2023 to be held at Ambedkar International Centre, New Delhi on December 7-8.The Expo will be inaugurated by the Chief of Defence Staff, General Anil Chauhan.C B Ananthakrishnan, CMD (Additional Charge), HAL said "We will demonstrate HAL's capabilities and contributions toward self-reliance in avionics, to our stakeholders, including the Indian Armed Forces, Ministry of Defence, Ministry of Civil Aviation, DRDO and other important institutions."Avionics Product Displays: The expo will unveil a comprehensive range of avionics products designed and developed by HAL. Attendees will witness cutting-edge avionics systems deployed in various aircraft platforms, including advanced flight control systems, communication systems, navigation systems and more.D K Sunil, Director (Engineering and R & D) said "The event will ...

CSIR-NIIST, HAL sign MoU to strengthen indigenisation in aerospace sector

Kerala-based CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) signed an MoU on Thursday with Hindustan Aeronautics Ltd (HAL), Bengaluru for a collaboration in the nation's aerospace and defence sectors, NIIST said. NIIST said that it would be collaborating with HAL on strengthening the indigenisation and import substitution programme for the nation's aerospace and defence sectors, as envisioned by the Atmanirbhar Bharat initiative. The MoU, signed and exchanged in Bengaluru, involves the development of magnesium and aluminium alloy castings and deals with related areas for the aerospace and defence sectors, it said in the release. The Memorandum of Understanding (MoU) was signed in the presence of senior scientists and officials from both organisations, the release said. "The MoU facilitates CSIR-NIIST to collaborate on human resource utilisation, facility utilisation, technology support services, consultancy services and collaborative research work

Hindustan Aeronautics partners Safran of France for making engine parts

The products that HAL and Safran will jointly produce in Bengaluru will power the Airbus A320 Neo family and the Boeing 737 Max single-aisle airliners

HAL, Safran Aircraft sign MoU for commercial engine parts manufacturing

Hindustan Aeronautics Limited and Safran Aircraft Engines have signed a Memorandum of Understanding (MoU) to develop industrial cooperation in ring forging manufacturing for commercial engines. HAL will produce LEAP (Leading Edge Aviation Propulsion, powering Airbus A320 Neo family and Boeing 737 Max) engine forgings at its Foundry & Forge facility here as part of the MoU. The MoU was signed by CEO (Bangalore Complex), HAL, Mihir Kanti Mishra, and Senior Vice-President (Purchasing), Safran Aircraft Engines, Dominique Dupuy, in Bengaluru in the presence of key officials from both companies on Thursday. "Safran is a long-standing partner, especially on our Helicopter programmes, as evidenced by the joint development of the "Shakti" helicopter engine. We are also going to codesign and coproduce the next generation IMRH engine with Safran. We are proud to take this partnership to another level, and to develop our skills in key technologies", Chairman & Managing Director ...

Aeroflex Industries in talks to enter aerospace sector, says top official

Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold

Indian Air Force endorses the indigenous basic trainer aircraft 'HTT-40'

The HTT-40, which has been indigenously designed and developed by the Aircraft Research & Design Centre of HAL, is based on the training requirements of the IAF

HAL failure to anticipate EASA norms led to longer compliance checks: CAG

The Hindustan Aeronautics Limited applied for European Aviation Safety Agency (EASA) certification of Helicopter 1 in 2009 to enhance its export potential to European countries, but failed to anticipate stringent requirements of EASA which took longer time for compliance and a consequential additional fee, a CAG report has found. The Comptroller and Auditor General of India (CAG)- Union Government (Public Sector Undertakings Ministry of Defence) for the year ended March 2020 Report No 18 of 2023 was presented in Parliament on Thursday, according to an official statement. "The Hindustan Aeronautics Limited (HAL) also failed to identify technical experts to avail consultancy services for timely compliance of the stringent requirements of EASA. The expenditure of Rs 108.24 crore incurred was impaired," it said. As on March 31, 2021, there were nine main defence PSUs, six subsidiaries and two joint venture companies under the Ministry of Defence, the CAG has said in the report. On ..

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain

Godrej Aerospace will be pitching to manufacture modules of the engine, a company official told Reuters during a plant visit

Why GE plan to make fighter jet engines in India a big deal: Details here

The announcement was timed to coincide with Indian Prime Minister Narendra Modi's landmark visit to the United States this week

HAL, Argentinian aerospace firm FAdeA to explore collaboration in MRO space

Hindustan Aeronautics Limited and Argentina's Fabrica Argentina de Aviones (FAdeA) signed an MoU towards exploring the possibilities of collaboration in the field of maintenance, repair and overhaul (MRO). The agreement will also involve meeting any offset requirements in case of probable sale of HAL-made platforms in Latin American region. The pact was inked during the ongoing Paris Air Show 2023, Bengaluru-headquartered state-run company HAL said in a statement on Wednesday. Similar to HAL, FAdeA is an Argentinian state-owned aerospace company under the administrative supervision of the South American country's Ministry of Defence involved in design, manufacture and maintenance of civil and military aircraft, it was noted.

HAL hits new high on stock split plan; zooms over 700% from March 2020 lows

The board of directors of state-owned defence company will meet on June 27 to consider a proposal of stock split of the equity shares of the company having a face value of Rs 10 each

Sensex up 123 pts, Nifty holds 18,300 ahead of CPI data; banks lend support

CLOSING BELL: Eicher Motors, M&M, IndusInd Bank, Axis Bank, HUL, Tata Motors, HDFC Bank, SBI, Hero MotoCorp, Bajaj Finance and ICICI Bank were the top gainers of the day

Hindustan Aeronautics posts first decline in profit in 10 quarters

The company also said it incurred tax expenses of 124.7 million rupees in the quarter, against a gain of 5.28 billion rupees from tax refunds a year ago

Hindustan Aeronautics hits new high; joins Rs 1-trillion market cap-club

At 10:03 am; with a market cap of Rs 1.006 trillion, HAL claimed the 52nd spot in the overall market cap ranking, the BSE data shows

Back in action: HAL's ALH Dhruv helicopters begin flying operations

This comes less than a month after the operations of the helicopters were halted by the Indian Navy following an accident off the Mumbai coast

Hindustan Aeronautics launches third assembly line of Tejas jets

HAL also proposes to remove 300 kg of dead weight distributed across the Mark I to balance the fighter evenly

Stocks to Watch: Tata Motors, ONGC, Maruti, HAL, RVNL, HG Infra, JSW Energy

Stocks to Watch: Oil related stocks like ONGC/Oil India/RIL/ refiners will be in focus as crude jumped 8 per cent following a surprise output cut by the OPEC+

With policy ammunition, defence stocks continue to yield strong returns

Most sector PSUs ended FY23 with strong order books