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The Defence Ministry on Thursday inked a Rs 13,500 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) to procure 12 Sukhoi jets for the Indian Air Force. The Russian-origin aircraft will feature 62.6 per cent domestic content, it said. These jets are now manufactured by the HAL under an intergovernmental framework. "In a major boost to the 'Aatmanirbhar Bharat' initiative of the government, a contract for procurement of 12 Su-30MKI aircraft along with associated equipment has been signed between the Ministry of Defence and the Hindustan Aeronautics Ltd today," the defence ministry said. It said the cost of the procurement will be around Rs 13,500 crore inclusive of taxes and duties. "The aircraft would have an indigenous content of 62.6 per cent, enhanced due to indigenisation of many components to be manufactured by Indian defence industry," it said. The jets would be manufactured at Nasik division of HAL. "The supply of these aircraft would enhance the .
HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter
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)
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 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
These aero-engines will be manufactured at the Koraput division of HAL and the delivery of these aero-engines would start after one year and complete over a period of eight years, the company said.
The Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics
The Propellant Tank Production Facility specialises in crafting high-performance fuel and oxidizer tanks, crucial elements for the LVM3 launch vehicle
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Embark on the first leg of a four-part journey as the Tejas fighter undergoes an evolution
Since reaching its peak around the Rs 3,800 mark on April 1, 2024, the market has experienced a significant downturn, with a decline of nearly 600 points, translating to a 16 per cent loss in price
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Hailing the important work being done by HAL, Aramane said, "HAL has received applause at the highest levels and the government trusts your capability to deliver and make the country self-reliant "
India's aerospace major Hindustan Aeronautics Ltd (HAL) is spending over Rs 2,000 crore this year on research and development in line with its overall approach towards indigenisation of critical avionics and related hardware, a senior official of the state-run entity said on Wednesday. The HAL will showcase its rich legacy in the design, development and production of a diverse range of avionics systems at an expo in Delhi on December 7 and 8. "We are spending over Rs 2,000 crore this year on R&D," said Dr D K Sunil, Director of Engineering and R&D at the HAL. Over the last few decades, the HAL has developed a number of military aircraft and helicopters including the Tejas Light Combat jet and Prachand Light Combat Helicopters. "We wanted to showcase what we are doing towards 'Atmanirbharta' (self-reliance) in defence. The HAL has been doing it over a period of time," said Sunil. "We have invested a lot in the research and development and we have a very big R&D set up. The .
Hindustan Aeronautics Limited has picked 139 trainees in its latest batch out of over 30,000 aspirants, according to the Bengaluru-headquartered company. HAL inducted the 46th batch of Management and Design Trainees (MTs and DTs) at a programme here on Wednesday. The batch would go through a 52-week training programme through HAL Management Academy in various disciplines such as aeronautics, production, electrical, electronics, computer science, finance, human resources and legal. "Out of over 30,000 aspirants, 139 trainees have been inducted", an HAL statement said. Seven handbooks on technical and managerial subjects were released by HAL CMD (Additional Charge) C B Ananthakrishnan during the event. "HAL is among the top 40 companies in India as per market capitalisation. Expectations are high to sustain the growth and continue to perform well. Today, with the focus towards 'Aatmanirbhar Bharat', the future is bright for HAL as we have many new products being developed and hope
The HTT-40, which has been indigenously designed and developed by the Aircraft Research & Design Centre of HAL, is based on the training requirements of the IAF
President and chief executive of Embraer Defense & Security said that the firm expects to announce its partner by December
Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.
The aircraft will be fitted with several advanced equipment including a glass cockpit, maritime patrol radar, electro-optic infrared device, and mission management system