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Crisil, Hindustan Aeronautics, MRPL, ITC, and Welspun Corp have logged smart gains despite the broader market weakness.
Under the new MoU, "HAL will convert pre-owned civil passenger aircraft into air refuelling aircraft with cargo and transport capabilities," the IAF said.
Recently, HAL bagged a contract for production of 15 Light Combat Helicopters (LCH), 10 for IAF and five for the Indian Army at a cost of Rs 3,887 crore.
IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.
In the first major attempt in India to develop small civil transport aircraft, HAL introduced Hindustan 228, a 19-seater aircraft that can be operated even in semi-prepared and unpaved airstrips.
Hindustan Aeronautics Limited (HAL) has signed an MoU with Bengaluru-based company SASMOS to work together on advanced electronics, electrical and fibre optic interconnections in the aerospace domain.
Indian air power planners, however, have not entirely embraced this belief in autonomous warfare
The IAF has accorded the Tejas Mark 2 its "comprehensive design review", which means its design has been found viable and the manufacture of its first prototypes cleared
This is the biggest ever order received by BEL for avionic systems
Out of the initial quota of four choppers, two each will go to the Indian Army and the Indian Air Force
Hindustan Aeronautics Limited and Rolls-Royce on Tuesday signed an agreement for Make-in-India Adour engine parts to support the latter's international defence customer base.
Shares of Hindustan Aeronautics (HAL) hit a 52-week high of Rs 1,245.90 after they surged 7 per cent on the BSE in the intra-day trade on Wednesday
The partnership will provide packaging, installation, marketing and services support for the MT30 engine
The corresponding figure for the previous year stood at Rs 21,438 crore
First Indian airlines to operate these planes, signs MoU Hindustan Aeronautics to dry lease the 19-seater aircraft
The Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi last month approved the deal for procurement of the 73 Tejas Mk-IA variant and 10 LCA Tejas Mk-I trainer aircraft
The government is set to formally seal on February 3 the Rs 48,000 crore deal to procure 83 Tejas light combat aircraft from state-run aerospace major Hindustan Aeronautics Limited
The government said it would buy 83 fighter aircraft from the company for over $6 billion in the biggest defence deal for a homegrown company
HAL's high-altitude attack helicopter is one-third the cost of the Apache
Meanwhile, shares of Bharat Dynamics fell 5 per cent on Wednesday, extending their two-day fall to 18 per cent