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Page 2 - Hal Hindustan Aeronautics

Cabinet okays buying 70 HTT-40 trainer aircraft from HAL for Rs 6,800 crore

HAL says it will engage Indian private industry, including micro, small and medium enterprises (MSMEs), in its supply chain

Cabinet okays buying 70 HTT-40 trainer aircraft from HAL for Rs 6,800 crore
Updated On : 01 Mar 2023 | 9:09 PM IST

State-run HAL to provide maintenance support for GA-ASI's MQ-9B engines

State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) will provide maintenance support services for engines of American MQ-9B Remotely Piloted Aircraft System, considered one of the most sophisticated armed drones globally. The HAL will provide the maintenance repair and overhaul (MRO) services for the operations of MQ-9B drones in India, officials said on Wednesday. The announcement of the project comes amid India's ongoing talks with the US to procure 30 MQ-9B armed drones at a cost of over USD 3 billion primarily to crank up its surveillance apparatus along the frontier with China as well as in the Indian Ocean region. The HAL and US defence major General Atomics Aeronautical Systems, Inc (GA-ASI), the manufacturer of the MQ9Bs,, announced the collaboration on the MRO (maintenance repair and overhaul) services for the drones on the sidelines of Aero India-2023 at the Yelahanka air base complex. In 2020, the Indian Navy had taken on lease two MQ-9B Sea Guardian drones fro

State-run HAL to provide maintenance support for GA-ASI's MQ-9B engines
Updated On : 15 Feb 2023 | 5:31 PM IST

HAL hands over advanced light helicopter to Mauritius ahead of schedule

"HAL would provide all the necessary technical, logistic, and maintenance support for ALH helicopter in Mauritius," the PSU said in a statement

HAL hands over advanced light helicopter to Mauritius ahead of schedule
Updated On : 13 Feb 2023 | 10:09 AM IST

HAL to showcase indigenous products during DefExpo 2022 in Gandhinagar

Hindustan Aeronautics Limited said on Friday it is geared up to display its indigenous products at the 12th edition of DefExpo to be held at Gandhinagar from October 18 to 22. "HAL's participation will focus on technological excellence and indigenisation initiatives, under its business verticals such as fighters, trainers, transport aircraft, helicopters, engines, systems and avionics besides projecting the company's futuristic programs", the Bengaluru-headquartered company said. HAL will have a dedicated 'Indigenisation Exhibition Stall' for active participation and interaction of Indian industry partners, it said in a statement. More than 200 imported items planned to be indigenised with private industries will be displayed in this stall to attract Indian industry. As many as 26 already indigenised items will be displayed. Launching of a document on indigenisation success stories of HAL, handing over of "Project Sanction Orders" of Positive Indigenisation List items to the Indi

HAL to showcase indigenous products during DefExpo 2022 in Gandhinagar
Updated On : 14 Oct 2022 | 2:06 PM IST

HAL sets up Rs 208 crore rocket engine manufacturing facility for Isro

The Hindustan Aeronautics Limited has set up a Rs 208 crore Integrated Cryogenic Engine Manufacturing Facility (ICMF) here that would cater to the entire rocket engine production under one roof for Indian Space Research Organisation. President Droupadi Murmu will inaugurate the state-of-the-art ICMF, set up over an area of 4,500 square metres housing over 70 hi-tech equipment and testing facilities for manufacturing cryogenic (CE20) and semi-cryogenic (SE2000) engines of Indian rockets, on Tuesday. In 2013, an MOU was signed with ISRO for establishing the facility for manufacturing cryogenic engine modules at HAL, Aerospace Division, and it was subsequently amended in 2016 for setting up of ICMF with an investment of Rs 208 crore. The commissioning of all the critical equipment for the manufacturing and assembly requirement has been completed, Bengaluru-headquartered HAL said on Monday, adding that the pre-production activities which involve preparation of the process and quality ..

HAL sets up Rs 208 crore rocket engine manufacturing facility for Isro
Updated On : 26 Sep 2022 | 7:21 PM IST

Extended-range BrahMos cruise missile costs under $5 million

Navy buys most advanced version of BrahMos for Project 15B destroyers

Extended-range BrahMos cruise missile costs under $5 million
Updated On : 25 Sep 2022 | 10:51 PM IST

Hindustan Aeronautics developing long-endurance drone for vigil over LAC

Hindustan Aeronautics Ltd (HAL) is working on an AI-driven multi-role, advanced and long-endurance drone for strategic missions in high-altitude areas including along the frontiers with China

Hindustan Aeronautics developing long-endurance drone for vigil over LAC
Updated On : 07 Aug 2022 | 11:52 PM IST

HAL signs contract worth over $100 mn with Honeywell for HTT-40 engines

The Hindustan Aeronautics Limited (HAL) on Wednesday signed a contract worth over USD 100 million with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40). HAL CMD R Madhavan said the company has successfully developed Basic Trainer Aircraft (HTT-40) to address the basic training requirements of the IAF. "There is (a) potential requirement of 70 aircraft. The contract for the same with IAF is under advanced stage of approval, he added. We are proud of our four decade long partnership with HAL and happy to extend our relationship with this new order, said Senior Director, OE Sales, Honeywell Defense & Space, Eric Walters. The TPE331-12 family of engines has proven itself in operations all over the world, and we have committed to support and deliver engines as well as kits within the stipulated schedule to meet the requirements of the IAF. Honeywell is committed to support ...

HAL signs contract worth over $100 mn with Honeywell for HTT-40 engines
Updated On : 27 Jul 2022 | 5:58 PM IST

HAL stock at new high on strong Q4, prospect of bagging defence orders

State-owned aeronautics firm appears to have countercyclical strength, as supply of spares and lack of diversification are potential downside risks.

HAL stock at new high on strong Q4, prospect of bagging defence orders
Updated On : 03 Jun 2022 | 12:50 AM IST

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains

These 5 PSU stocks can jump as much as 25 per cent from the current levels, provided the overall market momentum stays strong

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains
Updated On : 04 May 2022 | 12:01 PM IST

BHEL bags order to supply compact heat exchanger sets for Tejas aircraft

The order envisages manufacturing, assembly, testing and supply of compact heat exchangers to be fitted in the light combat aircraft, Tejas, being manufactured by HAL

BHEL bags order to supply compact heat exchanger sets for Tejas aircraft
Updated On : 14 Feb 2022 | 2:41 PM IST

HAL pays second interim dividend of Rs 376 cr for FY21 to government

The central government on Wednesday received the second interim dividend cheque of Rs 376.94 crores for the financial year 2020-21 from the Hindustan Aeronautics Limited (HAL)

HAL pays second interim dividend of Rs 376 cr for FY21 to government
Updated On : 10 Mar 2021 | 6:03 PM IST

Hindustan Aeronautics' light utility chopper for army gets initial nod

The chopper received the initial operational clearance (IOC) from the military aviation regulator on Friday

Hindustan Aeronautics' light utility chopper for army gets initial nod
Updated On : 05 Feb 2021 | 5:16 PM IST

HAL extends decline after govt's 15% stake sale; stock tanks 26% in 4 days

Despite a 26% decline, the stock has outperformed the market by surging 60% in the past three months, against a 17% rise in the S&P BSE Sensex.

HAL extends decline after govt's 15% stake sale; stock tanks 26% in 4 days
Updated On : 01 Sep 2020 | 1:29 PM IST

Hindustan Aeronautics surges 17% in two days, hits fresh 52-week high

ICRA has assigned a long term rating of double A and a short-term rating of A one plus for the company's bank facilities with stable outlook.

Hindustan Aeronautics surges 17% in two days, hits fresh 52-week high
Updated On : 14 Jan 2020 | 11:18 AM IST

CARE downgrades Hindustan Aeronautics' rating as receivables rise

HAL is majorly owned by the government and has a strategic role in the defence programme.

CARE downgrades Hindustan Aeronautics' rating as receivables rise
Updated On : 29 Dec 2019 | 10:03 PM IST

HAL's Goa helicopter MRO project to be functional soon, says Shripad Naik

The HAL and Safran Helicopter Engines, had entered into a joint venture to set up this helicopter maintenance plant at Honda village in North Goa

HAL's Goa helicopter MRO project to be functional soon, says Shripad Naik
Updated On : 08 Dec 2019 | 3:30 PM IST

IAF holds back Rs 20,000 crore from HAL, as foreign vendors get paid

With zero cash balance, firm takes Rs 781-crore loan to pay salaries

IAF holds back Rs 20,000 crore from HAL, as foreign vendors get paid
Updated On : 07 Jan 2019 | 2:19 AM IST

HAL's indigenous trainer aircraft poised for first flight on Tuesday

HAL projects it will build the first two HTT-40 trainers in 2018, eight in 2019, and reach its capacity of 20 a year from 2020

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Updated On : 31 May 2016 | 12:46 AM IST