HAL Achieves All Time High Turnover of Over Rs 18K Crores
BANGALORE: Defence aviation major Hindustan Aeronautics Limited (HAL) today reported a record turnover of over Rs 18,000 crores (provisional and unaudited) for the year ending March 31, 2018 as against Rs 17,605 crores earned last year.
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.
During the year HAL 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.
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