The Hindustan Aeronautics Ltd today said it has signed a Rs 6,100 crore contract for supply of 41 Advanced Light Helicopters (ALH) to the Indian Army and one to the Indian Navy.
The contracts will be executed in a period of 60months, the company said.
HAL, in a statement here, said, the contract was signed between the Ministry of Defence and HAL in New Delhi recently.
Also Read
Officials from the MoD, the Indian Army, the Indian Navy and HAL were present during the event.
"The latest order reflects the trust on HAL's capabilities and gives an impetus to the Make-in-India campaign...It reposes faith of Indian Defence forces in indigenous ALHwhich has been serving them with distinction for a long time,"HAL CMD T Suvarna Raju said.
In March this year, HAL had signed a contract for supply of 32 ALH to boost maritime security capabilitiesof the Indian Navy and the Indian Coast Guard.
Disclaimer: No Business Standard Journalist was involved in creation of this content