Page 3 - Hindustan Aeronautics Ltd

Govt reconstitutes CAC to drive reforms, boost apprenticeship training

Among private sector employer representatives, the council will include members from the TATA Group, Maruti Suzuki, Reliance Industries, Toyota, and the Indian Banks Association, among others

Chandan Taparia of MOFSL recommends buying these three stocks on Oct 16

Oberoi Realty has broken out of a consolidation zone and is headed up with higher-than-average buying volumes

Hindustan Aeronautics may be upgraded to Maharatna category by December

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

MoD inks Rs 26,000 crore deal with HAL for 240 Sukhoi engines: Key details

The 240 AL-31FP aero-engines, to be produced at HAL's Koraput division, will include some components sourced from Russia

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines

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.

Govt approves 240 aero-engines, SU-30 MKI jets from HAL. Why this matters

The defence ministry highlighted that these aero-engines will ensure the sustained operation of the IAF's Sukhoi-30 fleet, bolstering the country's defence preparedness

Cabinet approves 240 aero-engines procurement for IAF's Su-30 MKI aircraft

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

HAL aims to deliver first LCA Mark 1A by Aug 15; GE engine supply by Sept

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

Modi govt departs from privatisation plans, might overhaul state-run firms

The aim is to raise $24 billion in the current April-March fiscal year and re-invest the funds in the companies

This state-owned defence stock surged 9% intraday today; Check details

The Propellant Tank Production Facility specialises in crafting high-performance fuel and oxidizer tanks, crucial elements for the LVM3 launch vehicle

Pakistani hackers may have hit 3 major Indian defence firms. Find out which

A recent report by Canadian cybersecurity firm BlackBerry claims that India's government and defence and aerospace sectors were targeted by a suspected Pakistan-based hacking group

Intellectual property rights' filing on rise amid local defence push

The target set till March 2025 for IPR is 6900 for all the organisations

HAL Q4 results: Net profit rises 52% to Rs 4,309 cr, revenue up over 18%

Capital goods and manufacturing companies have benefited throughout fiscal 2024 from the Indian government's push for higher capital expenditure. This extended into the fourth quarter

This PSU defence stock has zoomed over 100% in 7 months post split

In the past seven months, the share price of public sector undertaking (PSU) defence company has zoomed 112 per cent after the stock split in the ratio of 1:1

New orders point to further gains for Hindustan Aeronautics stock

HAL is the primary supplier of India's military aircraft, helicopters, engines, avionics and accessories and the main provider of maintenance for defence aerospace

HAL gets Rs 65K cr MoD tender for 97 more Tejas Mark 1A fighter jets

Total number of Tejas fighters set to exceed 200

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Hindustan Aeronautics reports highest ever revenue of Rs 29,810 cr in FY24

The company reported that HAL had received fresh manufacturing contracts of Rs 19,000 crore, and repair and overhaul (ROH) contracts of over Rs 16,000 crores during FY24

HAL posts double-digit growth with record revenues of Rs 29,810 cr for FY24

The company signed an export contract with Guyana Defence Forces for supply of two Hindustan228 aircrafts which were delivered within a month of singing the contract

HAL conducts successful first flight of LCA Tejas Mk1A in Bengaluru

The first aircraft LA5033 of the Tejas Mk1A series successfully soared in the sky after taking off from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on Thursday, the public sector aerospace and defence company said. According to HAL, the Tejas Mk1A aircraft did a successful sortie with a flying time of 18 minutes. The plane was piloted by Chief Test Pilot Group Captain K K Venugopal (Retired). HAL achieved this significant production milestone with concurrent design and development amid major supply chain challenges in the global geopolitical environment, subsequent to the contract signature in February 2021, HAL Chief Managing Director C B Ananthakrishnan said. Extending its gratitude to the Ministry of Defence, Indian Air Force, Defence Research and Development Organisation (DRDO) and associated private firms for contributing to the success of this programme, HAL said the country can look forward to early induction of the Tejas Mk1A by the IAF, and more numbers ..