Hindustan Aeronautics Limited (HAL) has manufactured 41 new aircraft, helicopters besides 98 new engines during fiscal 2018-19, according to a financial update issued by the company.
In addition, HAL has carried out overhaul of 213 aircraft, helicopters and 540 engines. HAL’s R&D projects are on track for the requirement of the Indian armed forces.
HAL has produced 12 new Advanced Light Helicopters (ALH) against the contract of 40, out of which six were produced ahead of schedule for the Indian Army.
The company said it recorded a turnover of over Rs. 19,400 crores (provisional and unaudited) for the financial year ended on March 31, 2019 (corresponding figure for the previous year was Rs. 18,284 crores). The Company has posted a revenue growth in excess of 6% during 2018-19 as compared to 3.8% during 2017-18.
“The performance of the Company in 2018-19 has encouraged us to focus more on design and development of indigenous products and technologies, develop aerospace and defence manufacturing eco-system and to be more dedicated towards meeting the current and future requirements of customers,” said R Madhavan, CMD-HAL.
During the next fiscal starting April 2019 HAL is expected to meet a major milestone of completing the manufacturing order for SU-30MKI and commence manufacturing operations of the KA-226T helicopter as a ‘Make in India’ project which it is making in partnership with Russian Helicopters.
HAL is also in track to licence-manufacture 18 more Su-30MKI fighter jets for the Indian Air Force in its Nashik plant.
Hindustan Aeronautics Limiteds (HAL) new helicopter manufacturing facility set up at south Indian district of Tumakuru has gained momentum after the company signed an MoU with Central Public Works Department (CPWD) at Aero India 2019. The memorandum was signed between the companies for the execution of the stage 2 works of Infrastructure development works at HALs Green Field Helicopter factory, the company said in a statement Friday
Hindustan Aeronautics Limited (HAL) delivered 3 Advanced Light Helicopter (ALH) Dhruv aircraft to the Indian Army at the Aero India 2019 airshow on Friday. Indian Army placed an ordered for 40 Druv aircraft- 22 ALH Mk III and 18 Mk IV Rudra, with HAL in August of 2017
Hindustan Aeronautics Limited (HAL) has confirmed plans of the Indian Air Force (IAF) to acquire an additional 18 Su-30MKI and 21 MiG-29 fighter jets, its Chairman R Madhavan said at Aero India 2019 on Thursday. The procurement is intended to shore up the fighter fleet of the Indian Air Force (IAF) which has slunk to 31 squadrons; its lowest in over a decade
India has requested Russia to prolong the licence for manufacturing the Su-30MKI aircraft at Hindustan Aeronautics Limited (HAL) facilities in India which could mean an additional order for the multi role righter is on track once the 222 planes under the current order are delivered to the Indian Air Force (IAF). Informed sources told defenseword
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