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Old January 15th, 2018, 01:07 PM
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Default Re: Introduction Of Hindustan Aeronautics Limited

Hindustan Aeronautics Limited is an Indian state-owned aerospace and defence company based in Bangalore, Karnataka. It is governed under the management of the Indian Ministry of Defence.

Company intro:
Type State-owned enterprise
Industry Aerospace and Defence
Founded 1940; 77 years ago
(As Hindustan Aircraft)
1964; 53 years ago
(Renamed Hindustan Aeronautics)
Headquarters Bangalore, Karnataka, India
Key people Shri T. Suvarna Raju (Chairman and Managing director)[1]
Products Transport aircraft
Fighter aircraft
Revenue 177.532614 billion (US$2.8 billion) (2014)
Net income 26.925169 billion (US$420 million) (2014)
Total assets 638.984194 billion (US$10 billion) (2014)
Total equity 150.146363 billion (US$2.3 billion) (2014)
Number of employees 32108[2] (March, 2014)

International agreements

HAL Dhruv helicopters of the Ecuadorian Air Force in 2009 Aero India

An IAF BAe Hawk being licence-produced at the HAL Hawk production facility in Bangalore
The US$35 billion fifth-generation fighter jet programme with the Sukhoi Corporation of Russia.
US$1 billion contract to manufacture aircraft parts for Boeing.
Multi-role transport aircraft project with Ilyushin of Russia worth US$600 million.
120 RD-33MK turbofan engines to be manufactured for MiG-29K by HAL for US$250 million.
Contract to manufacture 1,000 TPE331 aircraft engines for Honeywell worth US$200,000 each (estimates put total value of deal at US$200 million).
US$120 million deal to manufacture Dornier 228 for RUAG of Switzerland.
Manufacture of aircraft parts for Airbus SAS worth US$150 million.
US$100 million contract to export composite materials to Israel Aircraft Industries.
US$65 million joint-research facility with Honeywell and planned production of Garrett TPE331 engines.
US$50.7 million contract to supply Advanced Light Helicopter to Ecuadorian Air Force. HAL will also open a maintenance base in the country.
US$30 million contract to supply avionics for Malaysian Su-30MKM.
US$20 million contract to supply ambulance version of HAL Dhruv to Peru.
Contract of 3 HAL Dhruv helicopters from Turkey worth US$20 million.
US$10 million order from Namibia for HAL Chetak and Cheetah helicopters.
Supply of HAL Dhruv helicopters to Mauritius' National Police in a deal worth US$7 million.
Unmanned helicopter development project with Israel Aircraft Industries.
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