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
The sharp rally in HAL shares came after the Ministry of Defence (MoD) signed two major contracts with HAL on March 28, 2025
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Defence PSU Hindustan Aeronautics Limited (HAL) on Monday announced that it recorded a revenue of Rs 30,400 crore (provisional and unaudited) for the financial year ending March 31, 2025, compared to Rs 30,381 crore in the previous year. This achievement comes despite a shortfall in the deliveries of the Light Combat Aircraft (LCA) and Advanced Light Helicopter (ALH). The LCA deliveries were delayed due to the non-availability of engines, HAL's Chairman and Managing Director, D K Sunil, said. "The ALH delivery schedule was also impacted by the accident in January 2025 and the subsequent grounding of the fleet. However, accelerated deliveries of other products and services helped us maintain our top line," Sunil stated in a release issued by HAL. The statement further noted that with a significant improvement in its order book over the past 12 months, the company focused on expanding its capacities. Additional production lines for the LCA and Hindustan Turbo Trainer (HTT)-40 aircraf
The Tejas Mk-1A is an Rs 48,000 crore order accounting for 37 per cent of HAL's order book of Rs 1.3 trillion
HAL share price: The delivery of the first F404-IN20 engine irons out supply chain issues for HAL. ICICI Securities has upgrades HAL stock to 'Buy' from 'Add'
HAL share price rose after Ohio, US-based aerospace company GE Aerospace delivered the first of 99 F404-IN20 engines to Hindustan Aeronautics for Tejas Light Combat Aircraft Mk 1A Fighter Jet
At present, the Indian Air Force relies on its fleet of 4.5-generation fighters, with the Dassault Rafale being the most advanced in service
At the current market price, Hindustan Aeronautics' dividend yield stands at 1.15 per cent
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