Out of the initial quota of four choppers, two each will go to the Indian Army and the Indian Air Force
Hindustan Aeronautics Limited and Rolls-Royce on Tuesday signed an agreement for Make-in-India Adour engine parts to support the latter's international defence customer base. Through this partnership, Rolls-Royce aims to strengthen the ecosystem for Adour engines in India by building on HAL's existing capabilities for manufacturing and supporting the Adour engines for Indian customers over several decades, Bengaluru-headquartered HAL said in a statement. This follows the MoU signed by Rolls-Royce and HAL during the Aero India 2021 to establish an authorised maintenance centre for Adour at HAL to support international military customers and operators. HAL CMD, R Madhavan said that with over 30 years' experience of supporting repair and maintenance services for the Adour engines in India, HAL has the capability and capacity to support a large defence customer base. "This is the first order for supply of spares for the Adour Global Supply chain. We plan to be a key player in the suppl
Shares of Hindustan Aeronautics (HAL) hit a 52-week high of Rs 1,245.90 after they surged 7 per cent on the BSE in the intra-day trade on Wednesday
The partnership will provide packaging, installation, marketing and services support for the MT30 engine
The corresponding figure for the previous year stood at Rs 21,438 crore
First Indian airlines to operate these planes, signs MoU Hindustan Aeronautics to dry lease the 19-seater aircraft
The Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi last month approved the deal for procurement of the 73 Tejas Mk-IA variant and 10 LCA Tejas Mk-I trainer aircraft
The government is set to formally seal on February 3 the Rs 48,000 crore deal to procure 83 Tejas light combat aircraft from state-run aerospace major Hindustan Aeronautics Limited
The government said it would buy 83 fighter aircraft from the company for over $6 billion in the biggest defence deal for a homegrown company
HAL's high-altitude attack helicopter is one-third the cost of the Apache
Meanwhile, shares of Bharat Dynamics fell 5 per cent on Wednesday, extending their two-day fall to 18 per cent
HAL said the impact due to Covid-19 will be 'minimal' for the company as major portion of the company's revenue is generated from Defense services
All that happened in the markets today
LCH is a potent weapon platform because of its state-of-the-art systems and highly accurate weapons that are capable of hitting any type of target by day or night, according to HAL
The bulk of this will go towards purchasing the first fixed wing aircraft that Hindustan Aeronautics (HAL) has designed and developed in decades
Infrastructure, skilling, access to funds - these fundamentals need to be fixed first for India to achieve its aerospace targets
HAL Chairman said the company is seriously focusing on boosting exports in sync with the government's priority to sell key platforms like Tejas, attack helicopter Rudra
Chairman and Managing Director of HAL R Madhavan said the aim of the mega project is to stop import of more than Rs 4 trillion worth of military helicopters for the three services in the coming years
In 2016-17, HAL recorded profits to the tune to Rs 2,606 but it declined by seven per cent, registering a profit of Rs 2,070 crore.
For a prototype trainer aircraft, the "six-spin" test is considered the most conclusive landmark that signals the aircraft is ready to go into operational service