SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindustan Aeronautics signs MoU with Safran Helicopter Engines

15 Mar 2022 Evaluate

Hindustan Aeronautics has signed a Memorandum of Understanding (MoU) with French firm Safran Helicopter Engines to extend their cooperation and explore opportunities for new helicopter engines in civil and military markets, reflecting their commitment to the Indian Government's vision of ‘Atmanirbhar Bharat’ towards achieving self-reliance in defense technologies and MRO.

The 1,000 sqm training and office facility and a 3,800 sqm international class shop facility will provide Maintenance, Repair and Overhaul (MRO) services for Safran TM333 and HAL Shakti engines installed on HAL-built helicopters to increase the operational readiness of the Indian Armed Forces. The facility will be operational by the end of 2023 with a capacity to repair 50 engines a year and a full-capacity goal of 150 engines in the coming years.

Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

Hindustan Aeron Share Price

4387.10 22.15 (0.51%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×