Page 3 - Hindustan Aeronautics Ltd

Light combat helicopters being built for Rs 125 crore each, says HAL

HAL's high-altitude attack helicopter is one-third the cost of the Apache

Retail portion of Bharat Dynamics' offer for sale subscribed 40%

Meanwhile, shares of Bharat Dynamics fell 5 per cent on Wednesday, extending their two-day fall to 18 per cent

Hindustan Aeronautics rises 6%, nears 52-week high post Q4 results

HAL said the impact due to Covid-19 will be 'minimal' for the company as major portion of the company's revenue is generated from Defense services

MARKET WRAP: Indices gain for 3rd day, Sensex up 86 pts; PSU banks rally

All that happened in the markets today

Light Combat Helicopters deployed for operations at Leh to support IAF: HAL

LCH is a potent weapon platform because of its state-of-the-art systems and highly accurate weapons that are capable of hitting any type of target by day or night, according to HAL

MoD go-ahead to 'Make in India' acquisitions worth Rs 8,722 crore

The bulk of this will go towards purchasing the first fixed wing aircraft that Hindustan Aeronautics (HAL) has designed and developed in decades

Galvanising aerospace

Infrastructure, skilling, access to funds - these fundamentals need to be fixed first for India to achieve its aerospace targets

HAL plans logistics bases in Malaysia, Vietnam, Indonesia and Sri Lanka

HAL Chairman said the company is seriously focusing on boosting exports in sync with the government's priority to sell key platforms like Tejas, attack helicopter Rudra

HAL finalises plan to produce chopper on par with Boeing's Apache

Chairman and Managing Director of HAL R Madhavan said the aim of the mega project is to stop import of more than Rs 4 trillion worth of military helicopters for the three services in the coming years

HAL recorded profit of Rs 2,070 crore in 2017-18; revenue rose by 3%

In 2016-17, HAL recorded profits to the tune to Rs 2,606 but it declined by seven per cent, registering a profit of Rs 2,070 crore.

Bhadauria backs indigenisation, is first IAF chief to fly an HAL prototype

For a prototype trainer aircraft, the "six-spin" test is considered the most conclusive landmark that signals the aircraft is ready to go into operational service

HAL profit up 116% to Rs 621 cr in Sep quarter; revenue grows 32%

HAL shares with a face value of Rs 10 closed at Rs 802.25 on Wednesday on the BSE

IAF cancels plan to upgrade Jaguar fleet, fighter plane crunch worsens

With Honeywell, demanding what IAF sources term an "exorbitant" price for F-125IN engines, the IAF has told HAL that it has abandoned its plan to upgrade 80 Jaguar fighters with new Honeywell engines

Announced in 2016, HAL's Goa helicopter MRO project to get MoD push

Former Defence Minister Manohar Parrikar had announced this project in October 2016

HAL's Intermediate Jet Trainer flies again after extensive re-design

The IJT would seemlessly replace a fleet of obsolescent Kiran Mark I and II trainers that are already on borrowed time

HAL wants to outsource production of advanced light helicopters Dhruv

A Request for Proposal will soon be called to select an Indian private company for complete transfer of technology

HAL fights for indigenous HTT-40 trainer as IAF seeks Swiss Pilatus planes

Even as HAL seeks a green light for manufacturing the HTT-40, the IAF is pressing for buying 38 more Pilatus PC-7 Mark II basic trainers from Switzerland, to supplement the 75 it already operates

HAL's joint ventures on death bed as defence orders dry up over the years

A deep dive into the company's 14 JVs shows that many are on the verge of closing down

'Buy-backs, dividends to govt left HAL poorer by Rs 15,500 Cr'

As acrimonious exchanges continued over the alleged neglect of HAL, a top leader of its employees Wednesday claimed the state-run undertaking got poorer by nearly Rs 15,500 crore because of the dividends and buy-backs it made to the Centre from 2003 to 2018. S Chandrasekhar, the general secretary of the HAL Employees Association, said the public sector aerospace and defence major returned Rs 6,393 crore to the government in two buy-backs of share for the first time in its history. It also paid Rs 9,000 crore by way of dividend between 2003-2004 and 2017-18 when the company did not not have enough money to pay salaries to its staff. "So, in total nearly Rs 15,500 crore has been taken away from us," Chandrasekhar told PTI. The Hindustan Aeronautics Limited reportedly ran up an overdraft of Rs 962 crore recently to pay salaries to its staff. Chandrasekhar's remarks came ahead of Defence Minister Nirmala Sitharaman's meeting scheduled for Wednesday with HAL chairman R ..

HAL test flies 3rd light copter prototype, high-altitude trials in Jan

The third prototype's flight was flawless and would augment the flight testing towards certification, HAL said