Page 2 - Hindustan Aeronautics Ltd

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

HAL gets Rs 65K cr MoD tender for 97 more Tejas Mark 1A fighter jets

Total number of Tejas fighters set to exceed 200

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Hindustan Aeronautics reports highest ever revenue of Rs 29,810 cr in FY24

The company reported that HAL had received fresh manufacturing contracts of Rs 19,000 crore, and repair and overhaul (ROH) contracts of over Rs 16,000 crores during FY24

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 conducts successful first flight of LCA Tejas Mk1A in Bengaluru

The first aircraft LA5033 of the Tejas Mk1A series successfully soared in the sky after taking off from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on Thursday, the public sector aerospace and defence company said. According to HAL, the Tejas Mk1A aircraft did a successful sortie with a flying time of 18 minutes. The plane was piloted by Chief Test Pilot Group Captain K K Venugopal (Retired). HAL achieved this significant production milestone with concurrent design and development amid major supply chain challenges in the global geopolitical environment, subsequent to the contract signature in February 2021, HAL Chief Managing Director C B Ananthakrishnan said. Extending its gratitude to the Ministry of Defence, Indian Air Force, Defence Research and Development Organisation (DRDO) and associated private firms for contributing to the success of this programme, HAL said the country can look forward to early induction of the Tejas Mk1A by the IAF, and more numbers ..

MoD inks Rs 2,890-cr contract with HAL for upgrade of 25 Dornier aircraft

The defence ministry on Friday inked a contract worth over Rs 2,890 crore with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for mid-life upgrade of 25 Dornier aircraft of the Indian Navy. Under the project, the HAL will incorporate state-of-the-art avionics systems and sensors onboard the aircraft. The defence ministry said the project will be implemented within six and half years. "The ministry of defence signed a contract with the HAL on March 15 for mid-life upgrade (MLU) of 25 Dornier aircraft along with associated equipment for the Indian Navy at a cost of Rs 2,890 crore," an official readout said. "The MLU for Dornier aircraft includes an upgrade to incorporate state-of-the-art avionics systems and primary role sensors," the ministry said. It said the upgrade would significantly enhance the operational capability of the Dornier aircraft. "The upgrade would significantly enhance the operational capability of the Dornier aircraft of the Indian Navy to perform pri

Govt signs contract worth Rs 8,073 crore with HAL to buy 34 helicopters

Following the approval of the Cabinet Committee on Security (CCS), the Ministry of Defence signed two contracts for a combined value of Rs 8073.17 crore with Hindustan Aeronautics Limited (HAL), Bengaluru, on Wednesday, an official statement said.The contracts were signed for the acquisition of 34 Advanced Light Helicopters (ALH) Dhruv Mk III along with Operational Role Equipment for the Indian Army (25 ALHs) and Indian Coast Guard (09 ALHs) under the Buy (Indian-IDDM--Indigenously Designed, Developed and Manufactured) category, marking a significant move towards indigenisation in defence manufacturing.According to the Ministry of Defence, the ALH Dhruv Mk III UT (Utility), the Indian Army version, is designed for Search & Rescue, Troop Transportation, Internal Cargo, Recce/and casualty evacuation, etc. It has proven its performance in high-altitude regions like Siachen Glacier and Ladakh.The ALH Mk III MR (Maritime Role), the ICG version, is designed for maritime surveillance ..

Tejas aircraft crashes near Jaisalmer during training sortie, pilot safe

A Court of Inquiry has been ordered to ascertain the cause of the accident

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

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 Q3 results: Profit rises 9% to Rs 1,261 cr on high aircraft demand

The company's total expenses fell more than 2% to Rs 4,838 crore, as it gained from Rs 111 crore worth inventory-related changes

HAL to showcase indigenous civil aircraft at Wings India 2024 air show

HAL has also taken the initiative to develop a civil variant of the single-engine Light Utility Helicopter (LUH). DGCA certification for this is expected by December 2025

Defence Secretary Aramane urges HAL to partner with private players

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 "

Nigeria, Philippines, Argentina showing interest in procuring Tejas: HAL

Nigeria, Philippines, Argentina and Egypt have shown interest in procuring indigenously-developed Tejas Light Combat aircraft, CB Ananthakrishnan, the Chairman and Managing Director of the Hindustan Aeronautics Ltd, said on Wednesday. Ananthakrishnan said talks are on with these countries for the possible procurement. "Nigeria, Philippines and Egypt are keen to procure Tejas Light Combat aircraft," Ananthakrishnan told PTI on the sidelines of an event. On how India will proceed with the supply of the Tejas jets to Argentina if the procurement fructifies as the aircraft has some components sourced from the United Kingdom, the Chairman and Managing Director of Hindustan Aeronautics Ltd (HAL) said a way would be found out in such a scenario. After the 1982 Falklands War, the UK imposed an embargo on military sales to Argentina and especially prevented supply of hardware manufactured by it. In view of the British restrictions, it is perceived that supply of military hardware comprisin

HAL picks 139 trainees out of over 30,000 applicants in latest batch

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

Hindustan Aeronautics incorporates JV With Safran for helicopter engines

HAL added that the first opportunities identified are the engines for the Indian Multi-Role Helicopter (IMRH) and Deck Based Multi-Role Helicopter (DBMRH)

IIS signs three MOUs to prepare skilled workforce for defence sector

Speaking at the event, skill development minister Dhramendra Pradhan said that the partnerships focus on the holistic development of youth

Airbus, HAL sign pact to establish Civil MRO facility for A-320 aircarfts

Airbus on Thursday said it is partnering with Hindustan Aeronautics Limited to support the Bengaluru-headquartered company's entry into servicing of commercial aircraft, especially the A320 family of aircraft. Through this, Airbus said, it is also seeking to strengthen the aircraft Maintenance, Repair and Overhaul (MRO) industry in India. Through this partnership, Airbus will support HAL to tap into the growing demand for MRO services for the country's expanding commercial fleet, especially the A320 family of aircraft. Under the agreement, Airbus will provide the A320 family tool package and offer specialised consulting services to HAL to set up an MRO, it said in a release. Airbus will also offer HAL access to AirbusWorld, a digital platform that offers support, technical data and training solutions. "HAL has a vision to establish an integrated MRO hub in the country and provide airlines with an effective MRO solution. This step by HAL Nashik is also aligned to civil-military ...

Easing oil prices lifts market mood; Sensex up 406 pts, Nifty near 19,550

Closing Bell on October 5, 2023: L&T, Titan Company, TCS, Bajaj Auto, M&M, Infosys, Eicher Motors, Asian Paints, and ICICI Bank were the top stocks that supported the indices, rising up to 2.15%