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HAL
Long-Term Global Supply Deal with Safran
In late July 2026, HAL signed a landmark long-term manufacturing contract with France's Safran Aircraft Engines at the Farnborough International Airshow. Under the agreement, HAL will forge and produce critical turbine ring components for Safran's CFM LEAP engines, expanding HAL's footprint in the global commercial aerospace supply chain.
Radar Order Placement with Astra Microwave
To accelerate production of the Light Combat Aircraft (LCA) Tejas program, HAL placed a major contract valued at ₹2,205.23 crore with Astra Microwave Products in late July 2026. The order covers the manufacturing and integration of advanced Uttam Active Electronically Scanned Array (AESA) radars and associated electronic suites.
Massive Order Backlog & Revenue Base
HAL entered the new fiscal year backed by an all-time high order book of ₹2,54,538 crore as of March 31, 2026, providing robust revenue visibility for 7 to 8 years. Key contracts driving execution momentum include 97 LCA Mark 1A fighter jets (valued at ₹62,370 crore), Light Combat Helicopters (LCH Prachand), and Advanced Light Helicopters (ALH). Full-year FY26 standalone operational revenue reached ₹33,050 crore (+7% YoY) with operating EBITDA standing at ₹13,472 crore.
Top Leadership Transition
Following formal approvals from the Ministry of Defence, Shri Ravi K officially assumed charge as Chairman and Managing Director (CMD) of HAL on May 1, 2026. His appointment establishes steady long-term executive management to oversee the company's major indigenization programs and production ramp-ups across fighter jet and helicopter lines.
2026 Trainee Recruitment Drive
Under advertisement notice released in late July 2026, HAL announced a national recruitment drive for 120 Design Trainee and Management Trainee positions across core engineering disciplines (Mechanical, Electrical, Electronics, and Computer Science).#StockInNews#WatchOutFor#EquityResearch#TechnicalViews#FundamentalViews
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