Barring the Light Combat Aircraft (LCA) Tejas, all major helicopter and aircraft manufacturing programs by India’s state-run Hindustan Aeronautics (HAL) are on the verge of completion.
HAL has so far manufactured 153 Su-30MKI fighter jets of 182 ordered at the rate of 12 aircraft per year for INR 59420 crores (US $9.37 billion).
HAL has completed manufacturing of Hawk MK 132 trainer aircraft, only two Dornier Do-228 aircraft of 14 are left for production. Of the 159 Advanced Light Helicopter (ALH) Dhruv ordered for INR 13799 crores (US $2.1 billion) HAL has to produce only five more. Ten Cheetal helicopters are still to be produced for INR 203 crores (US $32 million), according to ministry of defense statement Wednesday.
India is spending INR 2702 crores ($426 million) for production of 20 Initial Operational Clearance (IOC) LCA Tejas aircraft and INR 5989 crores ($944 million) for 20 Final Operational Clearance (FOC) aircraft. Six aircraft have been produced so far.
HAL is also awaiting an Indian Air Force order of 83 Tejas light combat aircraft valued at an approximate Rs 50000 crore (US $7.8 billion). IAF has issued to HAL a Request for Proposal (RFP) for the same last month.
The final deal for the procurement is likely to be inked within the next four months. Out of these 83 LCA, 10 will be used for training purposes.
HAL plans to transfer the technology of its ALH Dhruv to a domestic defense manufacturer for commercial production. HAL is in the process of identifying a private entity with whom it will share the technology for the production of twin-engine combat helicopter in India.
It is likely to float a Request for Information (RFI) soon for identifying an Indian private agency that can produce the civilian version of the ALH Dhruv helicopters in future.
The Government of India has approved investment of $217.7 million to fast track the production of its domestically manufactured Light Combat Aircraft (LCA) 'Tejas' from existing eight aircraft to 16 per annum
Indian defense ministry has issued more than $1.5 billion tender for acquiring 61 Close in Weapon Systems (CIWS) from domestic manufacturers under the Make in India program
An Indian Navys Mig-29K fighter jet has crashed at Goa airport after it skidded off the runway today. “A Mig29K aircraft with under-trainee pilot goes off runway while taking off at Goa airport
The Indian Defense Ministry has approved procurement of 240 Precision Guided Munitions at a cost of INR 1254 crores (US$ 197 million) from Russian Rosonboron Exports. According to Rosoboronexport, the KAB-1500LG-F-E guided bomb with a laser gyro-stabilized seeker and a HE warhead refers to the precision-guided weapons and is designed to engage stationary ground and surface targets such as rail and highway bridges, military industrial facilities, ships and transport vessels, ammunition depots and railway junctions
The Indian defense ministry has officially cancelled a $500 million deal to buy Spike anti-tank guided missiles from Israeli Rafael. “Rafael has received an official statement from the Indian Ministry of Defense on the cancellation of the Spike missile deal,” read a statement from the company, adding that it had been canceled before the signing of the contract and despite the company fulfilling all of the necessary requirements,
Indias defence ministry on Tuesday approved the purchase of 131 Barak missiles and associated equipment for the Indian Navy at a cost of Rs 460 crore (US$72 million), a ministry press release states. The ministry also cleared procurement of 240 precision-guided munitions or bombs, at a cost of Rs
Indias Hindustan Aeronautics Limited (HAL) recorded a turnover of INR 18,000 crore (provisional and unaudited) for the year ending March 31, 2018 (corresponding figure for the previous year was INR 17,605 crore). During the FY 2017-18, the Company has produced 40 new aircraft/helicopters and 105 new engines
Despite opposition from Moscow, Ukraine's Ukroboronprom has decided to pitch for Indian contracts for the supply of components and repair of Russian-origin aircraft of the Indian Air Force, Director General Pavlo Bukin told Defenseworld.net in an interview.
Segments such as Network Centric Warfare, Radars, Weapon systems, Electronic Warfare & Avionics, Military Communications and Electro Optics are likely to drive the Companys growth in the future, says M V Gowtama, Chairman & Managing Director, Bharat Electronics Limited (BEL).
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