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Hindustan Aeronautics Ltd
BSE Code 541154 ISIN Demat INE066F01020 Book Value (₹) 375.12 NSE Symbol HAL Div & Yield % 0.71 Market Cap ( Cr.) 258,989.81 P/E * 42.15 EPS * 91.87 Face Value (₹) 5
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Hindustan Aeronautics bags contact of Rs 5,249 cr from Ministry of Defence Back
(01 Mar 2024)
Hindustan Aeronautics has signed a contract for manufacture and supply of RD-33 Aero Engines for MiG-29 aircraft, at a cost of Rs.5,249.72 crore.

These Aero Engines are expected to fulfill the need of Indian Air Force (lA F) to sustain the operational capability of the MiG-29 fleet for the residual service life. The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM. The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.