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HAL Share Price Gains As Centre Set To Ink Rs 48,000 Crore Deal To Procure 83 Tejas LCA

Finally, orders for 83 LCA MK-1A signed | India News

BENGALURU: After months of negotiations, the Rs 46,898-crore order for 83 Light Combat Aircraft (LCA) Tejas Mark-1A was finally signed on Wednesday. Defence PSU Hindustan Aeronautics Limited (HAL) will now start producing the aircraft. Defence Minister Rajnath Singh said that there are multiple friendly countries that are interested in the Tejas and that there may be orders from them too. HAL chairman and managing director R Madhavan said that the PSU will start delivering the first batch of aircraft in 36 months from Wednesday. The PSU has nine years to complete the orders. The PSU, at present has the capacity to manufacture eight LCAs per year, which it will now augment the same to 16 with a second dedicated plant in Doddanekundi which was inaugurated by Singh on Tuesday.

HAL confident of LCH, HTT-40 orders; LCA plant opened | India News

(Representative image) BENGALURU: Defence PSU Hindustan Aeronautics Limited (HAL), which will be signing the contract papers for 83 Light Combat Aircraft (LCA) Tejas Mark-1A aircraft on Wednesday, is also confident of bagging orders for 15 limited series production aircraft of Light Combat Helicopter (LCH) while the request for quotation for HTT-40 trainer aircraft is also being vetted. A specific question posed on the subject to defence minister Rajnath Singh and ministry of defence officials was diverted to HAL CMD R Madhavan, who said: “The proposal for LCH procurement is expected to go to the Cabinet Committee on Security (CCS) very soon. So far as HTT-40 goes, the RFQ is being vetted and that should come through too.”

Tejas Aircraft: With nod for 83 LCAs worth RS 47k-cr, HAL readies 3rd plant

Synopsis Buoyed by the recent Cabinet Committee on Security (CCS) approval for procurement of 83 Light Combat Aircraft (LCA) Tejas Mark-1A aircraft worth Rs 47,000 crore, Defence PSU Hindustan Aeronautics Limited is all geared up to make operational a dedicated second LCA plant in Bengaluru. IAF s Light Combat Aircraft (LCA) Tejas. (Photo: BCCL) (This story originally appeared in on Feb 01, 2021)BENGALURU: Buoyed by the recent Cabinet Committee on Security (CCS) approval for procurement of 83 Light Combat Aircraft (LCA) Tejas Mark-1A aircraft worth Rs 47,000 crore, Defence PSU Hindustan Aeronautics Limited is all geared up to make operational a dedicated second LCA plant in Bengaluru.

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