The Nifty Defence index has shed nearly 3 per cent in November, with stocks such as BEML, MIDHANI and HAL among others falling up to 17% despite 1% gain on the Nifty 50.
Wing Commander Namansh Syal, 37, was performing a low-level aerobatic manoeuvre when the LCA Mk-1 went down; IAF has ordered court of inquiry as Himachal mourns loss of its decorated officer
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection
The crash happened around 2:10 pm (local time) while flying a demonstration flight for a crowd. It remains unclear if the pilot was able to eject.
Engine deliveries scheduled between 2027 and 2032
The new Tejas production line was inaugurated by Defence Minister Rajnath Singh, who also witnessed the maiden flight of the first Mk1A jet to roll out from it
With MiG-21s retired and fighter numbers dwindling, the IAF looks to the Tejas Mark 1A rollout to fill the gap and strengthen India's aerial defence capabilities
Nomura maintains a 'Buy' rating on HAL with a target price of ₹6,100, citing the streamlined delivery process and the bolstered order book as key positives.
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
This will mark the second order for the Mk1A fighter jets, with an earlier contract already placed with HAL for 83 aircraft at a cost of Rs 36,400 crore
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 ...
American defence major GE Aerospace on Wednesday said it delivered the first of 99 F-404 aircraft engines to the Hindustan Aeronautics Limited (HAL) for the Tejas light combat jet programme. State-run HAL is procuring the engines to power the Mk-1A variant of the Tejas jets. 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 deliveries were to begin in March last year. However, not a single aircraft has been delivered yet. The start of supply of the F404-IN20 engines by the American aircraft defence major is expected to help the HAL start delivery of the jets to the IAF. Defence sources indicated that delay in the delivery of the engines by GE Aerospace was one of the reasons for HAL to miss the deadline for supply of the Tejas jets to the IAF. It is learnt that the engine has been delivered to the HAL by the American company at its manufacturing facility in Lynn near Massachusetts. The engine
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
The five-member committee will be reportedly led by Defence Secretary Rajesh Kumar Singh and will focus on resolving issues that have slowed down the production and delivery of these aircraft
The Air Chief Marshal's remarks follow China's testing of suspected sixth-generation stealth jets and reports of Pakistan seeking fifth-generation jets from Beijing within two years
Indian Air Force's active squadrons have fallen to 31 against the authorised 42, with an ageing fleet and delayed inductions exacerbating the issue
GE Aerospace has reportedly promised to start deliveries by either March or April 2025, amounting to a two-year delay
The LCA Mk1A, which is an advanced variant of the LCA Mk1, made its maiden flight in March 2024
Business Standard was granted an exclusive briefing at HAL Bengaluru on the progress of the AMCA project
The third of a four-part series traces the genesis of Tejas Mark 2, which is an improved version of the indigenous Tejas Light Combat Aircraft