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Hindustan Aeronautics inks contract worth Rs 667 crore with MoD

13 Mar 2023 Evaluate

Ministry of Defence (MoD) has signed a contract with Hindustan Aeronautics (HAL) for procurement of six Dornier -228 aircraft for the Indian Air Force (IAF) at a cost of Rs 667 crore. The aircraft was used by IAF for Route Transport Role and communication duties. Subsequently, it has also been used for training of transport pilots of the IAF.

The present lot of six aircraft will be procured with an upgraded fuel-efficient engine coupled with a five bladed composite propeller. The aircraft is ideally suited for short haul operations from semi-prepared/short runways of the North East and island chains of India. The addition of the six aircraft will further bolster the operational capability of the IAF in the remote areas.

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. 4595.00
Bharat Electronics 380.80
Aequs 273.30
Astra Microwave Prod 1620.50
Axiscades Tech. 2290.00
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