Navratna Defence PSU Bharat Electronics Limited (BEL) posted a turnover in excess of Rs.12,500 Crores (Provisional & Unaudited) during the Financial Year 2019-20. The company had a growth of 6% over the previous year's turnover of Rs.11,789 Crores.
Hindustan Aeronautics Limited recorded a turnover of over Rs. 21,100 crores (provisional and unaudited) for the financial year ended on March 31, 2020 (corresponding figure for the previous year was Rs. 19,705 crores). The Company has posted a revenue growth of around 7% during 2019-20 for the second year consecutively, post listing as compared to 3.8% during 2017-18.
In its first meeting post “separation of duties between Department of Defence (DoD) and Department of Military Affairs (DMA)”, Defence Acquisition Council (DAC), on Wednesday, approved the purchase of LCA-Mk 1A for Indian Air Force (IAF), said an official statement.
The first Light Combat Aircraft in FOC standard (SP-21) took to the skies for maiden flight here today. Piloted by Air Cmde. K.A Muthana(Retd), Chief Test Flying (Fixed Wing), the aircraft took-off from HAL Airport at around 1230 hours. It was airborne for 40 minutes.
This flight signifies exemplary team work between various stakeholders of LCA Tejas programme such as HAL, DGAQA, CEMILAC, IAF, ADA etc., says Shri R Madhavan, CMD, HAL.
HAL has declared an interim dividend of Rs. 33.25 per equity share of Rs 10 each fully paid up (332.50%) for the financial year 2019-20 at its Board Meeting held here today.
Raksha Mantri Shri Rajnath Singh received a cheque of Rs 174.43 crore as interim dividend from Bharat Electronics Ltd (BEL), a Defence Public Sector Undertaking (DPSU), here today.
Raksha Mantri Shri Rajnath Singh received a cheque for Rs 100.518 crore as the interim dividend from Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) here today.
Government has adopted Prime Minister Shri Narendra Modi’s mantra of “Make in India’, for India and the world” to build strong defence and security infrastructure in the country. This was stated by Raksha Mantri Shri Rajnath Singh after inaugurating the new Light Combat Helicopter Production Hangar at Helicopter Division in Hindustan Aeronautics Limited (HAL) Complex at Bengaluru, Karnataka today.
Raksha Mantri Shri Rajnath Singh reviewed the performance of Ordnance Factory Board (OFB) and Defence Public Sector Undertakings – Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Earth Movers Limited (BEML) and Bharat Dynamics Limited (BDL) here today.
The Hindustan Aeronautics Limited (HAL) has received the Initial Operational Clearance (IOC) for its Light Utility Helicopter (LUH) paving the way for its productionisation.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Memorandum of Understanding (MoU) with Sigtech Wireless Technologies Pvt Ltd for the manufacture of Digital Mobile Radio (Tier II) for Paramilitary and Defence. The design and development of Digital Mobile Radio, as per ETSI standards, has been carried out by Sigtech Wireless Technologies Pvt Ltd in India.
Bharat Electronics and Tech Mahindra
Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries Limited (IAI) and Dynamatic Technologies Limited (DTL) signed a Memorandum of Understanding (MoU) for marketing, manufacturing and selling of IAI’s Unmanned Ariel Vehicles (UAVs) to Indian potential customers such as Indian Defence Forces, Paramilitary Forces and Central Armed Police Forces at DefExpo 2020 here today.
Amitabh Bhatt has taken over as Chief Executive Officer (CEO) of HAL’s Bangalore Complex. Earlier, he was heading the LUH project in HAL as Executive Director.
At DEFEXPO 2020 to be held in Lucknow, Navratna Defence PSU Bharat Electronics Limited (BEL) will showcase state-of-the-art products and systems spanning every domain of its business – Military Communication, Radar Systems, Missile Systems, Naval Systems, C4I Systems, Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems, Tank Electronics, Electro Optics, Gun/Weapon System Upgrades, Shelters, Unmanned Systems, Homeland Security, Cyber Security, Artificial Intelligence based systems and professional electronic components.
Hindustan Aeronautics Limited (HAL) is taking lead role in organizing the 11th biennial edition of DefExpo-2020 in coordination with MoD to be held at Lucknow, Uttar Pradesh from February 5-9, 2020. Besides providing huge logistic support, HAL will showcase its prowess in defence and aerospace centered on the theme ‘Digital Transfor
IIT Madras entered the field of defence on its own steam on April 18. It established a stall in the Defexpo 2018 in Chennai. Many of its students and faculty got their first exposure to the exciting world of aerospace and defence. It even held a seminar at the event. However, the seminar was poorly attended since it was a last-minute inclusion, and many did not even know that IIT Madras was going to hold a seminar. Since then things have changed and IIT Madras has traversed some distance.
In a first HAL, India's aerospace, and defence company and Wipro 3D, the metal additive manufacturing (AM) business of Wipro Infrastructure Engineering (WIN), have signed an MOU recently to design, develop, prove out, manufacture and repair of Aerospace Components using Metal Additive Technology.
Leading Defence PSUs Bharat Electronics Limited (BEL) and Hindustan Aeronautical Limited (HAL) today at Delhi organised a Roadshow in the run-up to the 11th biennial edition of DefExpo India-2020, scheduled to be held in Lucknow from February 5-8, 2020.
The road-show was organised to urge vendors from the private sector, MSMEs and start-ups based in Delhi-NCR area to actively participate in the upcoming Defence exhibition and take advantage of the potential business opportunities in the offing.
Various articles have appeared in various newspapers mentioning the CAG report that was tabled in parliament on Friday. The reports over emphasize the supply of defective ammunition by Ordnance Factories to services. It also mentions that OFs are not able to meet the demand of Army leading to compromise in operational military readiness.
Mrs Shikha Gupta took charge as the new Director (Other Units) of Navratna Defence PSU Bharat Electronics Limited (BEL) on December 1, 2019. She had served as the General Manager of BEL’s Strategic Planning Division, Satcom and Cellular Communication Systems SBU at BEL-Ghaziabad and Export Manufacturing SBU at BEL-Bangalore, before her elevation as Director.
As part of the golden jubilee celebrations of HAL Management Academy (HMA), HAL signed an MoU with Rajiv Gandhi National Aviation University (RGNAU), a Central University under Ministry of Civil Aviation to promote cooperation between RGNAU and HAL to grow the pool of human resources in the aviation and aerospace industry of the country. The MoU will identify the type of academic and training programs that could be offered jointly.
Air Chief Marshal RKS Bhadauria, Chief of the Air Staff undertook his maiden flight in the HAL designed and developed Basic Trainer Aircraft HTT 40 here today. During the sortie he assessed the aircraft flying characteristics including stall and spin. The aircraft took to the skies at 1320 hours and remained airborne for an hour. The CAS was accompanied by HAL’s Chief Test Pilot (FW), Gp Capt (Retd) KK Venugopal.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 340% on its paid up capital to the Government of India for Financial Year 2018-19.
Navaratna Defence PSU Bharat Electronics (BEL) has signed an MoU with Tamil Nadu Industrial Explosives Limited (TEL), a state-government undertaking of the Government of Tamil Nadu, for co-operation in the explosives segment where BEL is eyeing business growth, keeping in view its ongoing and upcoming ammunition programmes.
Mazagon Dock Shipbuilders Limited (MDL) called ‘Ship Builder to the Nation’, is one of India’s leading Defence public sector undertaking shipyards under the Ministry of Defence continuing their service to the nation with ‘’Make in India’’ programme. They delivered the second Scorpene submarine ‘KHANDERI’ to the Indian Navy at an event held in Mumbai today.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Karnataka State Export Excellence Award for the year 2016-17. The award was received by Mr Anil Pant, GM (International Marketing)/CO, and Mr H P Srinivas Rao, AGM (International Marketing)/CO, from Mr B S Yediyurappa, Hon’ble Chief Minister of Karnataka, at a ceremony held in Bengaluru on September 6, 2019.
BEL is laying enhanced thrust on Exports by expanding its geo-spatial reach and through partnerships. The Export order book of BEL was US $ 116.62 Million as on April 1, 2019.
Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, Government of India, today, September 13, 2019, for procurement of Seven Squadrons of Akash Missile System for the Indian Air Force.
This is a turnkey contract with specialist infrastructure. The total value of the contract is Rs.5,357.00 Crores (Rupees five thousand three hundred and fifty-seven crores only) and the delivery will be completed in 3(three) years. These systems will be commissioned at seven Air Force locations spread across Pan India.
HAL designed and developed Light Utility Helicopter (LUH) successfully demonstrated high altitude capability in hot and high weather conditions in the Himalayas. The trials were carried out by the test pilots from HAL, IAF and the Army from August 24 to September 2, 2019.
Six months after the inauguration of the much anticipated Indo-Russian joint venture (JV) to manufacture AK-203, the Indian soldiers will have to wait a bit more for a modern assault rifle. The JV failed to honour the Request for Proposal (RFP) sent out by Indian Army as it could not finalise the price of the gun, sources informed.
Mr Shripad Naik, Hon’ble Minister of State (Independent Charge) for Ayush & Minister of State for Defence, today inaugurated the new state-of-the-art manufacturing facility for Composite Materials, Environmental Testing & Finishing, established at the Navi Mumbai Unit of Navratna Defence PSU Bharat Electronics Limited (BEL). Mr Gowtama M V, CMD, Mr Nataraj Krishnappa, Director (Other Units), Mr Koshy Alexander, Director (Finance),
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 2041.98 cr, during the 1st quarter of FY 2019-20 over the Turnover of Rs. 2077.84 cr recorded in the corresponding period of the previous year.
Profit Before Tax (PBT) during 1st quarter of FY 2019-20 stood at Rs. 290.39 cr, registering a growth of about 16% over the Profit Before Tax (PBT) of Rs. 250.21 cr recorded in the corresponding period of the previous year.
Sixth ship of Class of Eight Landing Craft Utility (LCU) Mark-IV vessels - IN LCU L-56 - was commissioned by Vice Admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command in Visakhapatnam today. It is 100th warship of Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata, a Mini Ratna Category 1 & leading shipyard of the country.
Considering the huge potential of industrial growth in defence and aerospace (both civil and military) and challenges of meeting the financial needs for mega aviation projects in India, it is important to think of establishing an organisation like Indian Defence Finance Corporation (IDFC) on the lines of Indian Railway Finance Corporation, IRFC, said Dr. R. K.
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.
Vela, the fourth Scorpene class submarine being constructed by Mazagon Dock Shipbuilders Limited for the Indian Navy, was launched today, on 06 May 2019, by Mrs Veena Ajay Kumar, wife of Dr Ajay Kumar, IAS, Secretary Defence Production, who was the Chief Guest on the occasion. VAdm AK Saxena, CWP&A was also present during the launching ceremony.
Ministry of Defence (MoD), on Monday, awarded a contract to build eight anti-submarine vessels to public sector shipyard Garden Reach Shipyard and Engineers. The Kolkata based shipyard will deliver the boats within 84 months.
According to an MoD statement, “The 1st ship is to be delivered within 42 months from contract signing date and subsequent balance ships delivery schedule will be two ships per year.”
The First of the Class of 05 Fast Patrol Vessels (FPVs), named “ICGS- Priyadarshini” built by Garden Reach Shipbuilders and Engineers Limited (GRSE), Kolkata was commissioned at Kakinada, Andhra Pradesh today by Additional Director-General Kripa Ram Nautiyal, PTM, TM, CGC (ES), in the gracious presence of Inspector General Sivamani Paramesh, PTM, TM, COMCG (East), Commandant (JG) Mahavir Singh, Commanding Officer, ICGS Priyadarshini.
Admiral Sunil Lanba PVSM, AVSM, ADC Chief of the Naval Staff launched the third ship of Project 15B, Guided Missile Destroyer Imphal, today (20 April 2019) at Mazagon Dock Shipbuilders Limited, Mumbai. This launch marks yet another significant milestone in the annals of the indigenous warship design and construction programme of India.
HAL recommenced flight testing of modified Intermediate Jet Trainer (IJT) yesterday from its Bengaluru facilities. The flight was flawless and its success is an important step towards the IJT programme.
Hindustan Aeronautics Limited 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.
Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs.11,700 Crores (Provisional & Unaudited) during the Financial Year 2018-19, sustaining double digit growth (an increase of 16%) over the previous year's turnover of Rs.10,085 Crores.
Yard 2097 (LCU L 56), the sixth of the class of LCU MK IV ships, have been built and delivered by M/s GRSE Ltd today, on 30 March 19 at Kolkata. This is the 100th ship delivered by the DPSU in Kolkata. The construction of the ship was overseen by Warship Overseeing Team, Kolkata.
Hindustan Aeronautics Limited (HAL) has produced 16th LCA as per the target till March 31, 2019. The customer flights are expected to be completed by the end of this month. HAL has order for 40 LCAs (16 fighters each in IOC and FOC and 8 trainers) from IAF. The aircraft was inducted into IAF squadron ‘Flying Daggers’ on July 1, 2016.
On February 19, Indian Army has placed an order for Ordnance Factory Board’s Dhanush 155/45 calibre towed gun. IDI met with its Saurabh Kumar, who recently took charge of the board as Chairman, to discuss OFB’s recent achievements.
Gung-ho on receiving the order for 114 Dhanush towed artillery guns, Saurabh Kumar, calling the order ‘very prestigious’ for his organisation, said: “it has been a culmination of efforts of our top most designers and manufacturers.”
At Aero India 2019, Bengaluru, Navratna Defence PSU Bharat Electronics Limited (BEL) and Elbit Systems Limited, Israel, have entered into a Technical Collaboration Agreement (TCA) for Licensed Manufacturing of Helmet Mounted Display System (HMDS) / Helmet Pointing System (HPS) Version 02.
Prime Minister Narendra Modi, on Sunday, inaugurated Indo-Russian joint venture to manufacture AK-203 assault rifle. The Indo-Russian Rifles Pvt Ltd, a partnership between Indian Ordnance Factory Board and Russian Kalashnikov Concern, will manufacture around 7.5 lakh rifles which will go on to replace the INSAS rifle, the current standard issue to Indian soldiers. These guns are also expected to equip other Indian forces.
HAL handed over first three ALHs as part of the 22 ALH MK III contract to the Indian Army during the on-going Aero India 2019 today.
Navratna Defence PSU Bharat Electronics Ltd
(BEL) has on February 20, 2019, signed an MoU with JSR Dynamics Pvt Ltd
(JSR), a Nagpur-based start-up Company, at Aero India 2019 in Bengaluru.
The MoU aims at leveraging the individual design and manufacturing
capabilities of BEL and JSR to develop weapons and light weight cruise
missiles, which have business potential in both the domestic and
international markets. Mrs Anandi Ramalingam, Director (Mktg), BEL, and
The first flight of Light Combat Aircraft (LCA) MK1A will be in 2022 and commercial production would be in three to four years from then. The price bid for the 83 MK1A by the Indian Air Force has not yet been opened and the Defence PSU is looking forward to that contract. HAL is also looking at the export market, primarily to South Asia and African countries. “We have been participating in airshows and some of the countries expressed interest,” the Chairman of HAL, R.Madhavan told a press conference at Aero India.
Hindustan Aeronautics Limited (HAL) has taken a lead role in organizing the entire Aero India -2019 to be held at Air Force Station, Yelahanka, Bengaluru from February 20 to 24, 2019. Besides providing huge logistic support, HAL will showcase its prowess in defence and aerospace centered on the theme ‘Innovate, Integrate and Lead’.
Government of India has sanctioned, three new Naval Air Squadrons to be setup in Gujarat and Tamil Nadu. Besides this, the Central Government has also sanctioned manpower towards manning additional aircraft in existing Dornier Surveillance Squadrons in Kerala and Andaman Islands. It is pertinent to mention that the contract for procurement of 12 Dornier aircraft was signed with HAL (Kanpur) on 29 December, 2016 with delivery commencing in January'19. This is a substantial contract for the indigenous HAL built Maritime Surveillance version of the Dornier 228 aircraft.
State-owned aerospace and defence major Hindustan Aeronautics Limited (HAL) has recorded the highest ever turnover of Rs 18,28,386 lakh in 2017-18, stated the government in the Lower House on January 2. In a written reply in Lok Sabha, Union Minister of State Dr Subhash Ramrao Bhamre gave details of revenues and profits of Hindustan Aeronautics Limited (HAL) from 2015- September 2018.
The Ministry of Defence has begun the process of preparing Indian defence forces for use of Artificial Intelligence (AI), informed the government in the Lok Sabha.
Soon after flying at 6 KMs altitude recently, the Light Utility Helicopter (LUH) project of HAL gathered momentum as the third prototype (PT3) made its maiden flight on December 14, 2018. The chopper was flown by Test Pilots, Wg Cdr (Retd) Anil Bhambhani and Gp. Capt (Retd) M R Anand V M. The flight was flawless and this prototype would augment development flight testing in conjunction with other two Prototypes towards Certification.
The HAL’s Helicopter Division in Bengaluru received the first batch of helicopter structures and sub-assemblies manufactured by HAL subsidiary Naini Aerospace Limited (NAeL), Prayagraj for Advanced Light Helicopter (Dhruv). The ‘Certificate of Conformity’ of sub-assemblies and bottom structure assembly was formally handed over yesterday at a function in Naini. Mr. R.
Indian forces including its local armed police, central police forces, paramilitary and armed forces, all require modern assault rifle and carbines as India is facing various security challenges including urban and low-intensity insurgencies. India which is currently purchasing small arms, of all kinds in large numbers, has yet to achieve self-sufficiency in guns manufacturing. India is currently pursuing various tenders for different types of guns.
At a time, when India is awaiting nod for the signing of one of the most significant weapons deal of the recent time – the S-400 missile systems – with Russia, the two countries are at verge of finalizing the Inter-Governmental Agreement (IGA) for the local manufacturing of the AK-103 Assault Rifle, a modern upgraded version of the AK-47.
Leading Defence PSUs Bharat Electronics Limited (BEL) and BEML Limited today at BEL-Bangalore organised a Roadshow in the run-up to the 11th biennial edition of DefExpo India-2020, scheduled to be held in Lucknow from February 5-8, 2020.
The road-show was organised to urge south based vendors from the private sector, MSMEs and start-ups to actively participate in the upcoming Defence exhibition and take advantage of the potential business opportunities in the offing.
The Hon’ble Raksha Mantri, Shri Rajnath Singh, today inaugurated the 7th edition of ‘Engineers Conclave’ (EC-2019), being organised by the Indian National Academy of Engineering (INAE), in association with Navratna Defence PSU Bharat Electronics Limited (BEL), from September 19-21, 2019, at the Bharat Electronics Academy for Excellence (BAE), Bengaluru.
Mr M.S Velpari, has taken the charge as Director (Operations)-HAL from Mr Sunil Kumar who superannuated on July 31, 2019. Earlier, he was holding the post of Chief of Project (LCA Tejas) at LCA-Tejas Division.
HAL delivered a Chetak helicopter ahead of schedule to Indian Navy. The documents were handed over by Mr S. Anbuvelan, General Manager of Helicopter Division-HAL to Commodore Vikram Menon, VSM, CSO(Air), HQNA in an event held at HAL facilities here, today.
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.
