HAL

The rise in the HAL share price came after the company announced a healthy set of results in the September quarter of financial year 2025 (Q2FY25)

Initially, GE Aerospace was expected to begin engine deliveries in March 2023 to support HAL's production of Tejas Mk1. However, the first batch of engines is now anticipated to arrive by April 2025

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

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

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.

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

At the Shakti engine's current unit price of Rs 8-10 cr, the expense on these engines would amount to Rs 40,000-50,000 cr

With a 55% stock rise, defence major is taxiing towards growth, and brokerages have upgraded their earnings forecasts

The state-owned fighter jet manufacturer and maintenance firm said its consolidated net profit rose to Rs 1,437 crore ($171 million) in the quarter ended June 30

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

The second and concluding part of the series on India's indigenous aerospace industry traces HAL's strategy to retain its position as the country's top-performing defence PSU

In the first of a two-part series on India's indigenous aerospace industry, Business Standard traces HAL's pioneering research and development

Embark on the first leg of a four-part journey as the Tejas fighter undergoes an evolution

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

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

The project would see the prototype manufactured by industry including the public sector unit Hindustan Aeronautics Limited, they said

The contract for buying ship-borne BrahMos systems has also been signed with BrahMos Aerospace for Rs 988 crore

The project aims to enhance the aircraft's capabilities with new radars, mission control systems, electronic warfare capabilities, and integration of new weapon systems for the Indian Air Force

The Advanced Light Helicopters (ALH) of the Army Aviation Corps performed a fly-past over the Kartvya Path in the 75th Republic Day parade on Friday. It was followed by marching contingents of the army. The fly-past in the Rudra formation was led by the newly inducted Prachand helicopter, followed by three Rudra helicopters. The marching contingents included those from the Madras Regiment, the Grenadiers, and the Rajputana Rifles. The combined band of the Garhwal Rifles Regimental Centre, the 58 Gorkha Training Centre and the 39 Gorkha Training Centre, and one of the JAK Li Regt Centre, the 1 Signal Training Centre and the Arty Centre, Hyderabad, were also among the contingents.

Politically, the sharing is made easy by the fact that after plenty of years, both nations will have governments that will have their mandate in the same year at the same time