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Government clears biggest-ever deal in local military aviation to buy 83 Tejas Mark 1A fighters - Vimarsana News

Government clears biggest-ever deal in local military aviation to buy 83 Tejas Mark 1A fighters

Massive protests in Gilgit-Baltistan against PAK army, protestors demand justice In the biggest-ever deal in the indigenous military aviation, the Cabinet Committee on Security (CCS) on Wednesday cleared the proposal to buy 83 Tejas Mark 1A fighter jets from defence PSU Hindustan Aeronautics Limited (HAL). The Indian Airforce (IAF) will be acquiring these jets for a whopping Rs 48,000 crore. These 83 fighters will have 43 'improvements' over the 40 Tejas Mark-1 that has been already ordered by the IAF. The deliveries of these advanced aircraft will begin three years after the actual contract...

Opinion | How in a single stroke Modi rubbished Rahul's charge of 'winding up' HAL - Vimarsana News

Opinion | How in a single stroke Modi rubbished Rahul's charge of 'winding up' HAL

URL copied OPINION | How in a single stroke Modi rubbished Rahul’s charge of ‘winding up’ HAL The Cabinet Committee on Security on Wednesday approved the acquisition of 83 indigenously manufactured fourth-generation Tejas jet fighters from Hindustan Aeronautics Ltd for the Indian Air Force. This is the biggest ever indigenous military deal worth Rs 46,898 crore. Delivery of the single-engine Tejas Mark 1-A fighter jets will begin in three years. This will give a big boost to the indigenous military production sector with HAL working with nearly 500 other companies to meet the ...

Explained: Why HAL shares surged nearly 14% today - Vimarsana News

Explained: Why HAL shares surged nearly 14% today

Explained: Why HAL shares surged nearly 14% today Explained: Why HAL shares surged nearly 14% today Shares of aerospace and defence company Hindustan Aeronautics Limited rose 13.7 per cent to Rs 1,048 in early trade on Thursday and reached its highest level since late August. advertisement HAL shares have been trading higher since yesterday. (Photo: Reuters/Representational image) Shares of domestic aerospace and defence company Hindustan Aeronautics Limited (HAL) surged nearly 14 per cent on the stock market on Thursday. Shares of HAL rose 13.7 per cent to Rs 1,048 in early trade and reached...

HAL rallies 14% as govt approves Tejas aircraft deal worth Rs 48,000 crore - Vimarsana News

HAL rallies 14% as govt approves Tejas aircraft deal worth Rs 48,000 crore

Shares of Hindustan Aeronautics (HAL) surged 14 per cent to Rs 1,047 on the BSE in Thursday's early morning trade after the government approved procurement of 83 indigenously-developed light combat aircraft 'Tejas' for the Indian Air Force at a cost of Rs 48,000 crore. “(The Cabinet) has approved the procurement of 73 LCA Tejas Mark 1A fighter aircraft and 10 LCA Tejas Mark 1 trainer aircraft at a cost of Rs 45,696 crore, along with design and development of infrastructure sanctions worth Rs 1,202 crore,” the ministry of defence (MoD) said. HAL will act as the lead integrator for buil...

LCA Tejas far better than China-Pak JF-17 fighters, says IAF Chief - Vimarsana News

LCA Tejas far better than China-Pak JF-17 fighters, says IAF Chief

LCA Tejas far better than China-Pak JF-17 fighters, says IAF Chief SECTIONS Last Updated: Jan 15, 2021, 12:38 PM IST Share Synopsis ​​On Wednesday, the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi approved the largest indigenous defence procurement deal worth about Rs 48,000 crores to buy 83 LCA Tejas Mark1A fighter jets. IAF-LCA Tejas deal: Biggest indigenous defence procurement to boost Make in India initiative Asserting that the made in India light combat aircraft Tejas is far better and advanced than the Chinese-Pakistani JF-17 fighter jets, Air Force c...