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HAL, L&T consortium emerges as L1 bidder for making 5 PSLVs for ISRO

11 Apr 2022 Evaluate

Hindustan Aeronautics (HAL) and L&T consortium has been emerged as L1 bidder to make 5 Polar Space Launch Vehicles (PSLVs) for ISRO. The company is the lead partner with L&T sharing the work. Other vendors too will be involved with the consortium in the manufacturing of the launch vehicles. The contract is yet to be formalised/ awarded.

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.

Peers
Company Name CMP
Hindustan Aeronaut. 4614.95
Bharat Electronics 383.50
Aequs 274.00
Astra Microwave Prod 1621.00
Axiscades Tech. 2312.00
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