HAL (standalone) achieved an all-time high turnover of Rs. 19,705 crores, registering a growth of 7.8% for FY 2018-19 over the turnover of Rs 18,284 crores in the corresponding previous year.
Garden Reach Shipbuilders & Engineers Limited, one of India’s leading warship builder for Indian Navy and Coast Guard has announced its Financial Results for the Quarter & Year ended March 31, 2019.
Navratna Defence PSU Bharat Electronics Limited (BEL) achieved a turnover of Rs.11789.22 crs (audited) for the ended F.Y. 2018-19 registering a growth of 16.90% over the turnover of Rs.10084.84 crs achieved in the previous year.
Navratna Defence PSU Bharat Electronics
Ltd (BEL) has unveiled its new product, the Atmospheric Water Generator
(AWG), an innovative solution to meet the ever-increasing need for
drinking water worldwide, today at Aero India 2019.
General Bipin Rawat, Chief of Army Staff, inaugurated the Atmospheric
Water Generator in the presence of Mr Gowtama M V, CMD, Directors and
other senior officers of BEL.
BEL's Atmospheric Water Generator can be used to generate water straight
from the humidity present in the atmosphere.
The financial results of Hindustan Aeronautics Ltd. approved at its Board Meeting held yesterday in Delhi for the nine month period ended December 31, 2018 has shown growth as compared to corresponding period ending 31st Dec 2017.
An Inter-Governmental Agreement (IGA) between the Government of Republic of India and Government of Russian Federation was concluded on 15 Oct 2016, for construction of additional Project 1135.6 Follow-on ships in India, at M/s Goa Shipyard Limited (GSL). In line with the IGA, the Government signed a contract for construction of two ships with Goa Shipyard Ltd, Goa to-date, with scheduled delivery in June 2026 and December 2026 respectively.
The indigenously developed Light Combat Helicopter (LCH) has successfully engaged an aerial target with an air to air missile at the integrated test range at Chandipur, Odisha, said Hindustan Aeronautical Limited (HAL) in a statement. Reportedly, the French Mistral-2 Air-To-Air-Missile (ATAM) was fired during the test.
India and Russia, on November 20, signed a contract for two built-in-India Grigorovich class (Project 11356P/M) advanced guided missile frigates. The frigates will be constructed at the government owned Goa Shipyard Limited (GSL). This is a follow on contract to the last month’s deal for import of the two Russian built vessels of the same class. The Grigorovich class is an advanced Talwar class frigate.
Indian Navy operates six Talwar class ships.
The HTT 40 (Basic Trainer Aircraft) began the most awaited phase of the `spin test’ by successfully entering in to two turn spin and subsequently recovering with the appropriate controls. Two test pilots undertook the first ever spin entry testing today at around 1.30 pm. The aircraft was piloted by Gp Capt (Retd) KK Venugopal, DGM-Test Pilot (FW) from front cock pit and Gp Capt S Chaki (Retd), Sr. Test Pilot (FW) from rear.
Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.
The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.
The Defence Acquisition Council (DAC), chaired by Raksha Mantri Smt Nirmala Sitharaman here today and accorded approval for the Mid Life Upgrade of 17 Dornier Aircraft of Indian Coast Guard (ICG) at an approximate cost of Rs. 950 crore. The upgrades will be carried out by M/s Hindustan Aeronautics Limited (HAL), the aircraft manufacturer of India.