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L&T share price gains, HAL hits 52-week high. Here’s why
1 year, 9 months ago

L&T share price gains, HAL hits 52-week high. Here’s why

Live Mint  

The share price of Hindustan Aeronautics jumped about 5% to touch 52-week high of ₹2,833 in morning trade, but pared some gains later. The stock gained investor attention after the government signed contracts with HAL and L&T for procurement of 70 HTT-40 Basic Trainer Aircraft & three Cadet Training Ships, respectively. “Ministry of Defence, on March 07, 2023, signed contracts …

Aircraft Trainer Hal Cadet Training Ships
Defence Ministry Inks Rs 6,800 Crore Contract With HAL to Procure 70 Basic Trainer Aircraft
1 year, 9 months ago

Defence Ministry Inks Rs 6,800 Crore Contract With HAL to Procure 70 Basic Trainer Aircraft

News 18  

The defence ministry on Tuesday sealed a deal with Hindustan Aeronautics Limited to procure 70 HTT-40 basic trainer aircraft at a cost of over Rs 6,800 crore for the Indian Air Force. The ministry also finalised a contract with Larsen & Toubro Ltd for the acquisition of three cadet training ships worth over Rs 3,100 crore. "The ministry of defence …

Training Defence Aircraft Ships Ministry Hal Procure
IAF-HAL conclude ₹6,800 crore contract for 70 HTT-40 trainer aircraft
2 years, 2 months ago

IAF-HAL conclude ₹6,800 crore contract for 70 HTT-40 trainer aircraft

The Hindu  

: The Indian Air Force and the Hindustan Aeronautics Limited on Thursday concluded a ₹6,800 crore contract for 70 HTT-40 indigenous Basic Trainer Aircraft. Speaking at the event, which marked the end of three business days of the Expo, Defence Minister Rajnath Singh a strong and prosperous ‘New India’ is fully ready to stand shoulder-to-shoulder with major world powers. Earlier …

India Defence Iaf Hal
Made in India Takes Off: Intermediate Jet Trainer HJT-36 to be Certified Soon, HAL Eyes Export of HTT-40
2 years, 2 months ago

Made in India Takes Off: Intermediate Jet Trainer HJT-36 to be Certified Soon, HAL Eyes Export of HTT-40

News 18  

While the Hindustan Aeronautics Limited -made indigenous basic trainer aircraft HTT-40 will see a special unveiling when Prime Minister Narendra Modi visits the India Pavilion at the DefExpo-2022 on Wednesday, the state-owned aerospace and defence company is hopeful of getting the certification for Intermediate Jet Trainer HJT-36, which will replace the ageing Kirans of the Indian Air Force fleet, soon. …

India Aircraft Official Iaf Trainer Hal
Defence Acquisition Council approves proposals to buy ₹8,722.38 cr military hardware from domestic companies
4 years, 4 months ago

Defence Acquisition Council approves proposals to buy ₹8,722.38 cr military hardware from domestic companies

Live Mint  

The Defence Ministry’s Defence Acquisition Council on Tuesday approved proposals to buy ₹8,722.38 crore worth of military hardware from domestic companies, a government statement said Tuesday. With the Bengaluru Hindustan Aeronautics Limited having successfully developed Basic Trainer Aircraft Prototypes and certification process underway, “the DAC approved procurement of 106 Basic Trainer Aircraft from HAL to address the basic training requirements …

Basic Trainer Aircraft Srgm