The Ministry of Defence (MoD) of India has signed a contract with DPSU Hindustan Aeronautics Limited (HAL) for procurement of two Dornier Aircraft for Indian Coast Guard (ICG) along with associated Engineering Support package at an overall cost of Rs 458.87 crore. The aircraft will be procured under the ”Buy (Indian)’ Category. Further, the aircraft…
GE Aerospace has signed a Memorandum of Understanding (MoU) with DPSU Hindustan Aeronautics Limited (HAL) to produce F414 jet engines for the Indian Air Force. The agreement includes the potential joint production of GE Aerospace’s F414 engines in India, and GE Aerospace continues to work with the U.S. government to receive the necessary export authorization…
The Defence Public Sector Undertaking (DPSU) Hindustan Aeronautics Ltd (HAL) has reported that it has witnessed decline in profit in 10 quarters. The reason attributed to is because of higher input costs and tax expenses. The Indian state-owned aerospace and defence company’s consolidated net profit stood at Rs 2,831 Crores ($342.20 Million) in the fourth quarter…
DPSU Hindustan Aeronautics Limited (HAL) has signed several partnership agreements / deals at the Aero India show in Bangalore. Some of the relevant are as under:- The DPSU have signed a workshare agreement with Safran Helicopter Engines for the joint development of the engine intended for the future 13-ton Indian Multi-Role Helicopter (IMRH) and its…
Hindustan Aeronautics Limited (HAL) is seeking a foreign partner to set up a joint venture to manufacture of Zero-Zero ejection seats in India which will be used for future fighter aircrafts, and as well as for export purpose. Currently, there are 5 global players that develop ejection seat comprising of Collins Aerospace (USA), Martin Baker…
