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NEW DELHI: Hindustan Aeronautics Limited chairman DK Sunil on Thursday said American firm General Electric has assured the delivery of 20 F404 engines by Dec and that HAL expects to receive a sixth GE engine for the LCA Tejas Mark 1A project by April-end.It is learnt that HAL is “imposing contractual penalties on GE” for…
NEW DELHI: In a big boost for the Navy and Indian Coast Guard, the defence ministry on Tuesday signed contracts worth Rs 5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III (maritime role) for the Coast Guard and surface-to-air vertical launch-Shtil missiles for the Navy.While the contract for ALH Mk-III (MR) was…
Defence stocks (AI image) Defence stocks today: Contrary to the crash in Nifty50 and BSE Sensex, defence stocks on Monday moved up in trade as rising Middle East tensions brought focus back on them. Shares of defence companies such as Hindustan Aeronautics, Bharat Dynamics, BEL and Paras Defence surged by as much as 13.5% as…
NEW DELHI: Light combat aircraft (LCA) manufacturer Hindustan Aeronautics Ltd (HAL) has denied reports of a crash involving a Tejas fighter earlier this month. Issuing a clarification on X on Monday, the defence PSU said, “There has been no reported crash of an LCA Tejas. The event in question was a minor technical incident on…
Tejas jet (file photo used for representative purposes) NEW DELHI: Hindustan Aeronautics Limited (HAL) on Monday dismissed reports of any ‘major damage’ to a Tejas jet of the Indian Air Force (IAF) , calling it a “minor technical incident on ground”.Refuting the earlier reports it said, “HAL acknowledges the recent media reports on the LCA…
NEW DELHI: Giving a push to ‘Make-in-India’ initiative, the defence ministry on Thursday inked a Rs 2,312 crore contract with defence PSU Hindustan Aeronautics Limited (HAL) for production of eight Dornier 228 Aircraft for the Indian Coast Guard.The contract was signed under the “buy (Indian) category” in the presence of defence secretary Rajesh Kumar Singh.The…
NEW DELHI: Giving a push to ‘Make-in-India’ initiative, the defence ministry on Thursday inked a Rs 2,312 crore contract with defence PSU Hindustan Aeronautics Limited (HAL) for production of eight Dornier 228 Aircraft for the Indian Coast Guard.The contract was signed under the “buy (Indian) category” in the presence of defence secretary Rajesh Kumar Singh.The…
NEW DELHI: Rubbishing speculation of possible delays in the delivery of the first batch of indigenous LCA Mk1A fighter jets to IAF, Hindustan Aeronautics Limited (HAL) on Thursday said that “five LCA Mk1A aircraft are fully ready for delivery, incorporating major contracted capabilities in accordance with the agreed specifications”.HAL also said that “an additional nine…
Defence stocks (AI image) By Yellapu SantoshBudget 2026: We expect an inflection in India’s upcoming defence budget cycle, with core message being, capital outlay likely to grow faster than the overall defence budget, and the incremental funding would be channeled toward domestic procurement and modernisation-heavy programmes. The Defence Secretary in a FICCI forum recently highlighted…
NEW DELHI: India’s public sector aerospace major Hindustan Aeronautics Limited (HAL) and Russia’s United Aircraft Corporation (part of Rostec State Corporation) have signed a deal for cooperation in the production of Superjet 100 (SJ-100) commercial aircraft in the country.The signing ceremony took place on the sidelines of the Wings India international aviation exhibition in Hyderabad,…
