Bengaluru, Apr 2: Defence aviation major Hindustan Aeronautics Limited (HAL) today reported a
record turnover of over Rs 18,000 crores (provisional and unaudited) for the
year ending March 31, 2018 as against Rs 17,605 crores earned last year.
During the FY 2017-18, the Company has produced 40 new
aircraft/helicopters and 105 new engines. The Company has also carried out
overhaul of 220 aircraft/helicopters and 550 engines. The Company has received
order of 41 Advanced Light Helicopters and 8 Chetak helicopters from Indian
Armed Forces in the FY 2017-18.
During the year HAL received Initial Operational Clearance (IOC) certificate for its Light Combat Helicopter (LCH), Certificate of Airworthiness for its civil variant Dornier Do-228 from DGCA, acceptance of Mirage 2000 upgrade by Air HQ after its Final Operational Clearance, first successful run of Hindustan Turbo Shaft Engine -1200 and successful test firing of BrahMos missile from Su-30 MKI etc.
Commenting on the performance HAL Chairman and Managing Director T. Suvarna Raju on Monday said the Company has continued to emphasise on self-reliance towards development of
indigenous products, diversification into civil segment, enhancement of capacity, support development of defence manufacturing eco-system by developing domestic vendors (including MSMEs) and enhance outsourcing. These efforts will provide steady growth of the Company and opportunities to capitalise on the future requirements arising for Indian Armed Forces.” UNI
During the year HAL received Initial Operational Clearance (IOC) certificate for its Light Combat Helicopter (LCH), Certificate of Airworthiness for its civil variant Dornier Do-228 from DGCA, acceptance of Mirage 2000 upgrade by Air HQ after its Final Operational Clearance, first successful run of Hindustan Turbo Shaft Engine -1200 and successful test firing of BrahMos missile from Su-30 MKI etc.
Commenting on the performance HAL Chairman and Managing Director T. Suvarna Raju on Monday said the Company has continued to emphasise on self-reliance towards development of
indigenous products, diversification into civil segment, enhancement of capacity, support development of defence manufacturing eco-system by developing domestic vendors (including MSMEs) and enhance outsourcing. These efforts will provide steady growth of the Company and opportunities to capitalise on the future requirements arising for Indian Armed Forces.” UNI
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