The uptick in HAL share price came after the company posted a healthy set of Q3FY25 results
The Air Force has ordered 83 Mk-1A light combat aircraft from HAL, an advanced variant of the operational Mk-1 Tejas
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
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Hindustan Aeronautics Limited (HAL) announced on Tuesday that it has an order book of Rs 1.2 lakh crore and expects to add another Rs 1 lakh crore in the coming year, bringing the total order book to Rs 2.2 lakh crore, which it aims to execute by 2030. Addressing a press conference on the sidelines of Aero India 2025 in Bengaluru, HAL Chairman and Managing Director D K Sunil said the company has received orders worth Rs 55,000 crore in the first nine months of this fiscal year. It is also expecting to finalise orders worth another Rs 1.2 lakh crore in the next five to six months, he added. Noting that HAL has been spending Rs 2,500 crore annually on research and development to upgrade its products and sustain order inflows, Sunil emphasised the company's commitment to innovation. Sharing details about two major contracts secured by HAL, he said one of them is for 97 Light Combat Aircraft (Tejas) and 156 Light Combat Helicopters (Prachanda). "We are actively pursuing these two majo
Hindustan Aeronautics Limited (HAL) on Monday said its flagship jet training aircraft, Hindustan Jet Trainer, HJT-36, is now renamed as 'Yashas' after extensive modifications to resolve departure characteristics and spin resistance throughout the aircraft envelope. Sanjeev Kumar, Secretary, Defence Production, unveiled the new name in the presence of D K Sunil, CMD, HAL and senior officers at the ongoing Aero India 2025 here. "The large-scale changes to the baseline intermediate training platform have led to significant upheaval in its capabilities and hence provided an opportunity for a new name to be given in accordance with the aircraft's continued relevance as a training system for modern military aviation. In light of this, HJT-36 is named Yashas," Sunil said. For induction into service, the aircraft was recently upgraded with state-of-the-art avionics and an ultra-modern cockpit. These will enhance training effectiveness and operational efficiency, whilst providing weight ...
The successful operation of this homegrown aircraft signifies the significant strides India has made in the field of indigenous defence aviation
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Hindustan Aeronautics share rose after it announced a contract for procurement of 12 Sukhoi Su-30 MKI aircraft along with associated equipment has been signed between the MoD and the Company
HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter
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Hindustan Aeronautics Limited (HAL) has handed over the first AL-31FP Aero Engine, manufactured under the 240 engine contract, to the Indian Air Force at Koraput in Odisha. The contract for 240 AL-31FP Aero Engines for Su-30MKI aircraft was signed on September nine, Bengaluru-headquartered HAL noted in a statement on Tuesday, adding, these engines would be delivered in eight years. The statement said Secretary (Defence Production) Sanjeev Kumar lauded HAL's efforts in delivering the first engine within weeks of signing the contract. "This key milestone reflects HAL's aero engine manufacturing competency and dedication to support the Su-30MKI fleet of IAF. It is very heartening to see that Koraput Division has mastered cutting edge technologies of aero engine manufacturing and has set up required infrastructure to match with the global OEMs, he said. HAL CMD D K Sunil said: "During this entire engine manufacturing process, we aim to engage Indian industries from present level of wo
These aero-engines will be manufactured at the Koraput division of HAL and the delivery of these aero-engines would start after one year and complete over a period of eight years, the company said.
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 Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics
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 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
HAL has notified that a RFP has been issued to the company by the MoD for procurement of 156 LCH Prachand or Light Combat Helicopters (90 for Indian Army and 66 for Indian Air Force)