April 2020

HAL Records Turnover in Excess of Rs 21000 crore

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.

MiG-35 to get new capabilities soon

In February, Russian Aircraft Corporation announced the development of two systems that are going to make its aircraft family of MiG-29 and MiG-35 more capable. In a press statement, on February 21, RAC (Earlier MiG) said that it has received “the patent for the landing approach aircraft automatic control system” and again on March 4, it announced receiving “patent for an intelligent system for highly manoeuvrable combat aircraft protection against going beyond critical g-loads.”

These systems is being developed for MiG-29M/M2 and MiG-35 aircraft.