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HAL signs largest-ever contract worth Rs 5,375 Crore with GE Aviation, for supply of engines for Tejas aircraft
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Indian army to get 118 indigenous battle tanks
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Updated Jan 14, 2021 | 18:55 IST
The CCS s approval is the latest development in a procurement deal that has its roots around three years ago when the Indian Air Force issued an initial tender for the 83 Tejas aircraft. The Tejas Light Combat Aircraft. | Photo Credit: PTI
Key Highlights
Boasting external self-protection jammer pods, active electronically scanned array (AESA) radar, advanced beyond-visual-range (BVR) missiles and improved maintainability, the Mk-1A jet represents a significant upgrade on the Mk-1 version
The number of India s fighter squadrons has dropped to as low as 28 or 29 compared to a sanctioned strength of 42
Given the budgetary constraints that were already hampering defence procurement, now likely to worsen due to the paralysing effect of the COVID-19 pandemic on India s fiscal figures, the scheduled approval of the 83 Tejas aircraft will come as significant relief to the IAF
Defense Stocks Rise as India to Buy $6 Billion Local-Built Jets
Sudhi Ranjan Sen, Bloomberg News A missile of an Indian Air Force (IAF) Tejas fighter jet, developed by Hindustan Aeronautics Ltd., is seen at the Kalaikunda Air Force Station, West Bengal, India, on Tuesday, Nov. 28, 2017. Singapore s Defense Minister Ng Eng Hen is scheduled to speak in New Delhi at a Brookings India event on the subject of India-Singapore security relations. Photographer: Anindito Mukherjee/Bloomberg , Bloomberg
(Bloomberg) Hindustan Aeronautics Ltd. led gains in local defense manufacturers on Thursday after Indiaâs government said it will buy 83 indigenously made fighters the Tejas Light Combat Aircraft manufactured by the state-owned company at an estimated cost of $6 billion.
Jan 15 2021, 2:36 AM
January 14 2021, 3:45 PM
January 15 2021, 2:36 AM
(Bloomberg) Hindustan Aeronautics Ltd. led gains in local defense manufacturers on Thursday after Indiaâs government said it will buy 83 indigenously made fighters the Tejas Light Combat Aircraft manufactured by the state-owned company at an estimated cost of $6 billion.
(Bloomberg) Hindustan Aeronautics Ltd. led gains in local defense manufacturers on Thursday after Indiaâs government said it will buy 83 indigenously made fighters the Tejas Light Combat Aircraft manufactured by the state-owned company at an estimated cost of $6 billion.
HAL shares climbed 9.5% in Mumbai, the most in five months. Bharat Electronics Ltd. and Bharat Dynamics Ltd. climbed at least 3% each, outperforming the 0.2% advance in the benchmark index.
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