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Hindustan Aeronautics share price gains 3% as Q2 profit jumps 22% YoY

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)

Hindustan Aeronautics share price gains 3% as Q2 profit jumps 22% YoY
Updated On : 14 Nov 2024 | 1:35 PM IST

Govt imposes fine on US firm over delays in delivery of Tejas Mk1 engines

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

Govt imposes fine on US firm over delays in delivery of Tejas Mk1 engines
Updated On : 04 Nov 2024 | 4:35 PM IST

Hindustan Aeronautics may be upgraded to Maharatna category by December

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

Hindustan Aeronautics may be upgraded to Maharatna category by December
Updated On : 12 Sep 2024 | 11:31 PM IST

MoD inks Rs 26,000 crore deal with HAL for 240 Sukhoi engines: Key details

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

MoD inks Rs 26,000 crore deal with HAL for 240 Sukhoi engines: Key details
Updated On : 10 Sep 2024 | 11:39 AM IST

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines

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.

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines
Updated On : 09 Sep 2024 | 4:20 PM IST

Cabinet approves 240 aero-engines procurement for IAF's Su-30 MKI aircraft

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

Cabinet approves 240 aero-engines procurement for IAF's Su-30 MKI aircraft
Updated On : 02 Sep 2024 | 9:41 PM IST

Next-gen Aravalli engines set to power Hindustan Aeronautics helicopters

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

Next-gen Aravalli engines set to power Hindustan Aeronautics helicopters
Updated On : 30 Aug 2024 | 10:47 PM IST

In Hindustan Aeronautics' hangar: Orders and execution ready for takeoff

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

In Hindustan Aeronautics' hangar: Orders and execution ready for takeoff
Updated On : 18 Aug 2024 | 7:54 PM IST

Hindustan Aeronautics Q1 results: Net profit jumps 77% to Rs 1,437 cr

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

Hindustan Aeronautics Q1 results: Net profit jumps 77% to Rs 1,437 cr
Updated On : 14 Aug 2024 | 3:44 PM IST

HAL aims to deliver first LCA Mark 1A by Aug 15; GE engine supply by Sept

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

HAL aims to deliver first LCA Mark 1A by Aug 15; GE engine supply by Sept
Updated On : 12 Jul 2024 | 6:19 PM IST

HAL looks to build light helicopters to develop medium chopper expertise

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

HAL looks to build light helicopters to develop medium chopper expertise
Updated On : 05 Jul 2024 | 11:42 PM IST

From fighters to copters, how R&D powers HAL's Himalayan-altitude flight

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

From fighters to copters, how R&D powers HAL's Himalayan-altitude flight
Updated On : 04 Jul 2024 | 12:02 AM IST

Revamped Tejas Mk 1A ready for takeoff: First batch of 16 to serve IAF

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

Revamped Tejas Mk 1A ready for takeoff: First batch of 16 to serve IAF
Updated On : 27 May 2024 | 11:30 PM IST

New orders point to further gains for Hindustan Aeronautics stock

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

New orders point to further gains for Hindustan Aeronautics stock
Updated On : 15 Apr 2024 | 11:32 PM IST

HAL posts double-digit growth with record revenues of Rs 29,810 cr for FY24

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

HAL posts double-digit growth with record revenues of Rs 29,810 cr for FY24
Updated On : 01 Apr 2024 | 4:37 PM IST

Govt clears project to develop AMCA 5th generation stealth fighter aircraft

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

Govt clears project to develop AMCA 5th generation stealth fighter aircraft
Updated On : 07 Mar 2024 | 11:29 PM IST

In Aatmanirbhar push, MoD makes indigenous purchases worth Rs 40K cr

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

In Aatmanirbhar push, MoD makes indigenous purchases worth Rs 40K cr
Updated On : 01 Mar 2024 | 10:32 PM IST

HAL, DRDO to begin Rs 60,000 crore Sukhoi fighter jet fleet upgrade

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

HAL, DRDO to begin Rs 60,000 crore Sukhoi fighter jet fleet upgrade
Updated On : 20 Feb 2024 | 10:29 AM IST

ALHs of Army Aviation fly-past in Rudra formation over Kartavya Path

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.

ALHs of Army Aviation fly-past in Rudra formation over Kartavya Path
Updated On : 26 Jan 2024 | 12:15 PM IST

Year ender 2023: Here's a look at top critical tech deals between India, US

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

Year ender 2023: Here's a look at top critical tech deals between India, US
Updated On : 26 Dec 2023 | 11:17 AM IST