Hindustan Aeronautics Limited has secured a significant order from the DAC. Read More>>
Defence Acquisition Council (DAC) greenlights procurement of 12 Su-30MKI aircraft and avionics upgrade for Dornier, boosting HAL's prospects.
DAC approves Dhruvastra missile for ALH Mk-IV Helicopters, enhancing indigenous precision firepower.
HAL shares surge 4% post-DAC approval, demonstrating investor confidence in the defence player's growth.
DAC greenlights nine acquisition plans valued at Rs 45,000 crore, exclusively involving Indian vendors.
Defence Minister urges higher indigenisation goals, pushing for 60-65% indigenous content in IDDM projects.
HAL's robust FY23 production: 22 aircraft, 51 engines, along with significant capex for modernization.