Motilal Oswal remains positive on Bharat Electronics, Hindustan Aeronautics and Bharat Dynamics, assigning 'Buy' ratings with target prices of ₹500, ₹5,800 and ₹2,000, respectively
HAL Chairman DK Sunil defends Tejas after the Dubai crash, calling the aircraft "absolutely safe" and insisting the incident will not dent the programme or the company's capabilities
Hindustan Aeronautics, which manufactures the aircraft powered by General Electric engines, said it does not expect the incident to impact its business operations
Q2FY26 company results: Firms including Hindustan Aeronautics, Cochin Shipyard, Indraprastha Gas, Info Edge (India), and Pfizer are also to release their July-September earnings reports today
Hindustan Aeronautics Limited (HAL) and Russia's UAC have signed an MoU to produce SJ-100 passenger jets in India, marking the first full-scale civil aircraft manufacturing project in the country
India is looking at taking domestic defence production to 100 per cent as dependence on foreign military supplies creates "strategic vulnerability", Defence Minister Rajnath Singh said on Friday. Singh said this after inaugurating a third production line of Tejas Light Combat Aircraft (LCA)-Mk1A and a second manufacturing facility of trainer jet HTT-40. With opening of the new facility for Tejas jets, the Hindustan Aeronautics Ltd (HAL) is expected to produce at least 24 LCA aircraft. "There was a time when the country was dependent on other countries to meet its defence needs, and almost 65-70 percent of defence equipment was imported," Singh said in his address "But today, this situation has changed; now India is doing 65 per cent manufacturing on its own soil," he said. "Very soon, we will take our domestic manufacturing to 100 per cent as well," he said. Singh said India's defence export has reached a record Rs 25,000 crore which was less than Rs 1,000 crore few years ago. "
Public and private sector firms vie to qualify for building prototypes of India's first indigenous stealth fighter jet
The government may restructure HAL as its orders rise to ₹2.7 crore, to make the company faster and more efficient in building fighter jets, helicopters and engines for the armed forces
The aircraft will have indigenous content of over 64 per cent, and this is over and above a previous contract for 83 LCA Mk-1A aircraft signed in January 2021
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
Around 2:30 PM, Hindustan Aeronautics share price was trading 1,99 per cent higher at ₹4,542 per share. By comparison, BSE Sensex was trading 0.31 per cent higher at 81,350.68 levels.
Two Tejas Mark-1A fighter jets are likely to be delivered next month by the state-run aerospace major Hindustan Aeronautics Ltd (HAL), Defence Secretary R K Singh said on Saturday. Singh also said that the government is likely to ink a fresh contract with HAL for procuring an additional batch of 97 Tejas jets after the delivery of the two aircraft. The Indian Air Force had flagged concerns over delays in the delivery of the Tejas Mark 1A jets under a previous contract. "Hopefully, the first two of those will be delivered with weapons integration by the end of September," Singh said at the NDTV Defence Summit. The defence secretary said about 38 Tejas jets are already in service and another 80-odd are being manufactured. In February 2021, the defence ministry sealed a Rs 48,000 crore deal with HAL for the procurement of 83 Tejas Mk-1A jets for the IAF. The delivery of the jets is facing delays primarily due to the US defence major GE Aerospace missing several deadlines for the sup
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
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
Technical charts show that HAL and BEL have zoomed around 1,000 per cent in little more than 5 years post a significant breakout on the monthly scale.
Hindustan Aeronautics Q4 FY25 result: HAL reported ₹13,700 crore in revenue from operations
The Hindustan Aeronautics Ltd on Saturday clarified that it has not finalised any consultancy firm to benchmark its Research and Development (R&D) processes. The clarification comes in response to some social media posts claiming that it has selected PricewaterhouseCoopers (PwC) for the task. "A few posts on social media (X) have falsely stated that HAL has finalised the selection of a consultancy firm, PwC to benchmark its R&D activities," the HAL said in a statement. "HAL would like to state that no firm has been finalized yet for the benchmarking of its R&D processes," it added. According to HAL, it had issued a Request for Quotation (RFQ) for engaging a consultancy firm to conduct a benchmarking study of its R&D framework against global Aerospace and Defence companies. The decision to initiate this benchmarking exercise was taken based on the recommendations made by the high power committee on Public Undertakings as part of HAL's continuous improvement and ...
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