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03-Apr2018

Hindustan Aeronautics achieves all time high turnover during FY18

Hindustan Aeronautics (HAL) has reported a turnover of over Rs 18,000 crore (provisional and unaudited) for the year ending March 31, 2018 (corresponding figure for the previous year was Rs 17,605 crore).

During the FY 2017-18, the company has produced 40 new aircraft/helicopters and 105 new engines. The company has also carried out overhaul of 220 aircraft/helicopters and 550 engines. The company has received order of 41 Advanced Light Helicopters and 8 Chetak helicopters from Indian Armed Forces in the FY 2017-18.

In the other major achievements, the company received Initial Operational Clearance (IOC) certificate for its Light Combat Helicopter (LCH), Certificate of Airworthiness for its civil variant Dornier Do-228 from DGCA, acceptance of Mirage 2000 upgrade by Air HQ after its Final Operational Clearance, first successful run of Hindustan Turbo Shaft Engine -1200 and successful test firing of BrahMos missile from Su-30 MKI etc.

Further, the company expects continued 'Excellent' MoU rating for the FY 2017-18 from Government of India on meeting all the relevant parameters related to its performance.

HAL 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. The company is the 39th largest aerospace company in the world.



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