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HAL Shares In Focus: Stock Rises Amid Aero-Engine Procurement Approval

Shares of Hindustan Aeronautics Ltd witnessed a notable surge during early trade on Tuesday. At 10.10 am, HAL shares are trading at Rs 4819.65 apiece, up 2.85 per cent on the BSE, while on the NSE, shares are trading at Rs 4820.00 per peice, rising 2.82 per cent. On Monday, the Cabinet Committee on Security approved the procurement of 240 …

Defence public sector undertaking Hindustan Aeronautics Limited has received the Request for Proposal from the Defence Ministry for 156 indigenous Light Combat Helicopters estimated to cost ₹45,000 crore. “In terms of Regulation 30 of the SEBI Regulations, 2015, we would like to inform that RFP has been issued by the Ministry of Defence for procurement of 156 Light Combat Helicopter,” …

Govt approves procurement of 12 HAL manufactured Su-30 MKI fighter jets

India's defence ministry had cleared nine procurement proposals of around ₹45,000 crore, including ones to acquire 12 Su-30 MKI fighter jets, maufactured by Hindustan Aeronautics Limited. "All these procurements will be made from Indian vendors under Buy /Buy category which will give substantial boost to the Indian defence Industry towards achieving the goal of 'Aatmanirbhar Bharat'," the defence ministry said. …

Procurement

The aircraft is ideally suited for short-haul operations from semi-prepared and short runways of the North East and island chains of India. The defence ministry and Hindustan Aeronautics Limited signed a Rs 458.87-crore contract on July 7 for the procurement of two Dornier aircraft for the Indian Coast Guard. “The Dornier aircraft are being indigenously manufactured at HAL, Kanpur and …

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 …

India’s light combat aircraft, Tejas, has emerged as the top choice for Malaysia as the Southeast Asian nation looks at replacing its ageing fleet of fighter jets and the two sides are holding negotiations to take forward the procurement process. Mr. Madhavan said Tejas is a much superior aircraft compared to JF-17 and FA-50 and that the selection of the …

New Delhi: In a significant move, the prime minister-led Cabinet Committee on Security on Wednesday approved the procurement of 15 indigenously developed Light Combat Helicopters at a cost of Rs 3,887 crore. "The CCS has approved procurement of 15 Light Combat Helicopter Limited Series Production at the cost of Rs 3,887 crore along with infrastructure sanctions worth Rs 377 crore," …

The helicopter is manufactured by state-run Hindustan Aeronautics Ltd. The Defence Ministry said 10 helicopters will be for the Indian Air Force and five will be for the Indian Army New Delhi: In a significant move, the prime minister-led Cabinet Committee on Security on Wednesday approved the procurement of 15 indigenously developed Light Combat Helicopters at a cost of Rs …

PM Modi-led CCS approves procurement of 15 light combat helicopters

Highlights Defence ministry said 10 helicopters will be for Indian Air Force and five will be for Indian army Helicopter can also be deployed in high altitude bunker-busting operations This will give a further push to Atmanirbhar Bharat initiative In a significant move, the prime minister-led Cabinet Committee on Security on Wednesday approved the procurement of 15 indigenously developed Light …

HAL bags largest-ever indigenous defence procurement deal, but real test lies in honouring delivery schedule

'LCA Tejas': India approves largest indigenous defence procurement deal worth Rs 48,000 crore

The Cabinet Committee on Security chaired by Prime Minister Narendra Modi on Wednesday approved the largest indigenous defence procurement deal worth about Rs 48,000 crore to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. This deal will be a game-changer for self-reliance in Indian defence manufacturing, Defence Minister Rajnath Singh said in a tweet today. HAL follows a system integrator …

Cabinet approves procurement of 83 Tejas fighter jets in Rs 48,000 cr deal

In a CCS meeting chaired by Prime Minister Narendra Modi, the Cabinet approved the procurement of the 'largest indigenous defence procurement deal worth about Rs 48000 crore', on Wednesday. @narendramodi today approved the largest indigenous defence procurement deal worth about 48000 Crores to strengthen IAF’s fleet of homegrown fighter jet ‘LCA-Tejas’. — Rajnath Singh January 13, 2021 "Light Combat Aircraft …

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 …