HAL secures ₹1,800 crore contract for helicopters
pre-market1 source ↓written by the desknot a recommendation
- contract with Pawan
- ₹1,800 crore
- Pawan Hans
- 10 Dhruv NG helicopters
- completion expected
- 2027
Hindustan Aeronautics Limited (HAL) has secured a ₹1,800 crore contract with Pawan Hans for 10 Dhruv NG helicopters. The agreement includes associated spares and accessories, with completion expected by 2027. This contract, awarded by a domestic entity, strengthens HAL's position in the aerospace sector.
The order is significant as it reflects robust domestic procurement activity, potentially boosting HAL's revenue and market sentiment.
Not investment advice. For informational purposes only.