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  • Lockheed Martin inks pact with HAL to explore industrial opportunities Feb 05, 2021 03:50 PM IST

    Lockheed Martin inks pact with HAL to explore industrial opportunities

    "We are excited to explore potential opportunities with HAL, one of the largest aerospace companies in Asia," said Vice President of Business Development Integrated Fighter Group, Lockheed Martin Aeronautics, J R McDonald.

  • HAL share price gains as Centre set to ink Rs 48,000 crore deal to procure 83 Tejas LCA Feb 03, 2021 10:30 AM IST

    HAL share price gains as Centre set to ink Rs 48,000 crore deal to procure 83 Tejas LCA

    The total cost of Rs 48,000 crore includes design and development cost of Rs 2,500 crore to be given to Aeronautical Development Agency and around Rs 2,250 crore set aside for variations in foreign currency exchange rate.

  • Indian Air Force Rs 48,000 crore Tejas aircraft deal to be signed on February 3 Feb 02, 2021 08:12 PM IST

    Indian Air Force Rs 48,000 crore Tejas aircraft deal to be signed on February 3

    The aircraft, manufactured by the HAL, is a potent platform for air combat and offensive air support with reconnaissance and anti-ship operations as its secondary roles.

  • Several countries have shown interest in procuring Tejas aircraft: HAL Chairman Madhavan Jan 24, 2021 07:05 PM IST

    Several countries have shown interest in procuring Tejas aircraft: HAL Chairman Madhavan

    Giving a break-up of the cost components, Madhavan said the basic price of the aircraft will be around Rs 25,000 crore while Rs 11,000 crore will be used for ground support equipment and other required infrastructure at the bases and around Rs 7,000 for basic customs duty and output GST.

  • HAL disinvestment: Govt to sell up to 15% stake via offer for sale Aug 26, 2020 06:44 PM IST

    HAL disinvestment: Govt to sell up to 15% stake via offer for sale

    The floor price for the offer has been fixed at Rs 1,001 per equity share of the company.

  • COVID-19 crisis: At least 12 HAL employees test positive for COVID-19, one dies Jul 09, 2020 12:50 PM IST

    COVID-19 crisis: At least 12 HAL employees test positive for COVID-19, one dies

    Hindustan Aeronautics spokesperson Gopal Sutar said HAL hospital is well-equipped with beds reserved for patients showing COVID symptoms

  • HAL hands over more than 300 Aerosol boxes to various state govts Apr 16, 2020 01:15 PM IST

    HAL hands over more than 300 Aerosol boxes to various state govts

    Aerosol boxes act as an insulator between the doctor and the patient to various state governments, as part of the fight against COVID-19.

  • Tejas successfully performs critical test for naval deployment Sep 13, 2019 07:15 PM IST

    Tejas successfully performs critical test for naval deployment

    The test was carried out at a shore-based test facility of the Indian Navy. The naval version of the aircraft is in development stage.

  • HAL records all-time high turnover of Rs 19,705 crore May 27, 2019 10:15 PM IST

    HAL records all-time high turnover of Rs 19,705 crore

    HAL's Profit After Tax (PAT) for the fiscal year 2018-19 stood at Rs 2,282 crore, an increase of 14.8 per cent over Rs 1,987 crore in the corresponding previous year.

  • HAL records Rs 19,400 cr turnover for 2018-19 fiscal Apr 01, 2019 09:58 PM IST

    HAL records Rs 19,400 cr turnover for 2018-19 fiscal

    HAL said it posted a revenue growth in excess of six per cent during 2018-19 as compared to 3.8 per cent during 2017-18.

  • HAL running smoothly despite borrowings from banks: Govt Feb 04, 2019 10:15 PM IST

    HAL running smoothly despite borrowings from banks: Govt

    The state-run company has been in news over allegations by the Opposition that it was overlooked when India and France signed an inter-government agreement to procure 36 Rafale jets and the offset contract was awarded to a private company.

  • HAL's Light Utility chopper project notches another milestone Dec 17, 2018 06:50 PM IST

    HAL's Light Utility chopper project notches another milestone

    The helicopter was flown by test pilots, Wg Cdr (Retd) Anil Bhambhani and Gp Capt (Retd) M R Anand VM, the Hindustan Aeronautics Limited (HAL) said in a release here Monday.

  • HAL imported content worth Rs 19,000 cr in last 3 yrs: Govt Aug 01, 2018 10:00 PM IST

    HAL imported content worth Rs 19,000 cr in last 3 yrs: Govt

    Replying to another question, Bhamre said in the last three years, 62 contracts have been signed with foreign vendors, including those from Russia, Israel, US and France for procurement of defence equipment for armed forces.

  • Sukhoi aircraft crashes near Nashik; pilots safe Jun 27, 2018 02:12 PM IST

    Sukhoi aircraft crashes near Nashik; pilots safe

    There were no casualties, police said, adding both the pilots ejected safely before the plane hit the ground.

  • HAL orderbook of Rs 41,000 cr very low for aeronautical industry Sep 09, 2017 07:58 PM IST

    HAL orderbook of Rs 41,000 cr very low for aeronautical industry

    HAL Chairman and Managing Director T Suvarna Raju the company's order book of Rs 41,000 crore is very low for an aeronautical industry and hoped to book fresh orders soon.

  • Rs 274.21 allocated by HAL under CSR: Govt tells LS Jul 21, 2017 01:23 PM IST

    Rs 274.21 allocated by HAL under CSR: Govt tells LS

    Minister of state for defence Subhash Bhamre said Rs 69.35 crore has been allocated in 2014-15, Rs 68.31 crore has been allocated in 2015-16, Rs 66.92 crore in 2016 and Rs 69.63 crore has been allocated in 2017-18.

  • HAL sign MoU with CPWD Feb 17, 2017 11:52 AM IST

    HAL sign MoU with CPWD

    Hindustan Aeronautics Limited today signed a MoU with Central Public Works Department for execution of infrastructure development works at HAL's new Greenfield helicopter facility at Tumakuru.

  • SAAB Grintek Defence-HAL Avionics division sign contract Feb 17, 2017 11:32 AM IST

    SAAB Grintek Defence-HAL Avionics division sign contract

    SAAB Grintek Defence and Hindustan Aeronautics Limited's Avionics Division, today signed a USD 8.5 million contract to deliver transfer of technology for in-country maintenance of SAAB's Integrated Defensive Aids Suite system, between South Africa and India.

  • BEML expects another Rs 800-1000 cr of mining orders: Chairman Sep 28, 2016 12:14 PM IST

    BEML expects another Rs 800-1000 cr of mining orders: Chairman

    Speaking to CNBC-TV18 DK Hota, Chairman of BEML said that it is too early to comment on the fallout of the Rafale deal. The company has an order book of Rs 6,400 crore, he said, adding that BEML is poised for a leap in defence sector.

  • HAL signs pact with BEL to develop airborne communication May 25, 2016 02:04 PM IST

    HAL signs pact with BEL to develop airborne communication

    "The umbrella understanding includes sharing of expertise in design, development, engineering and manufacturing between HAL and BEL to develop and produce advanced airborne communication, electronic warfare systems, etc," T Suvarna Raju, CMD, HAL said in a release.

  • HAL completes Rs 4.77 crore Kumudvathi rejuvenation project May 09, 2016 02:08 PM IST

    HAL completes Rs 4.77 crore Kumudvathi rejuvenation project

    HAL CMD T Suvarna Raju has handed-over the project to the beneficiary village panchayats of Nelamangala taluk, the company said in a release.

  • HAL turnover hits all-time high at Rs 16,524 cr in FY16 Apr 05, 2016 02:34 PM IST

    HAL turnover hits all-time high at Rs 16,524 cr in FY16

    The production highlights of the year include 60 new aircraft and helicopters, overhauling of 229 aircraft and helicopters, 94 new engines, 446 engines overhauled and supply of 143 aerospace structures, HAL said.

  • Indo-Russian fighter aircraft project regains speed: HAL Dec 23, 2015 10:02 PM IST

    Indo-Russian fighter aircraft project regains speed: HAL

    The statement comes when the final design contract, under which the Russian and Indian governments were to contribute an initial USD 6 billion each for prototype development and production, has not been signed between the two countries.

  • Nearly Rs 1500 cr spent on preliminary design of FGFA: Govt Aug 04, 2015 04:23 PM IST

    Nearly Rs 1500 cr spent on preliminary design of FGFA: Govt

    In a written reply to Rajya Sabha, Defence Minister Manohar Parrikar said the preliminary design stage of the FGFA programme has been completed in June 2013 based on contract signed in December 2010 with the Russian side.

  • HAL, BEL join hands to meet Defence requirements Jun 05, 2015 06:19 PM IST

    HAL, BEL join hands to meet Defence requirements

    Hindustan Aeronautics Limited and Bharat Electronics Limited have agreed to share the business from the Indian defence services, the companies said.

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