HAL secures ₹2,312 crore contract for Dornier aircraft
pre-market1 source ↓written by the desknot a recommendation
- agreement with Hindustan
- ₹2,312 crore
The Indian Ministry of Defence has signed a ₹2,312 crore agreement with Hindustan Aeronautics Limited for eight Dornier 228 aircraft to enhance the Indian Coast Guard's operational capabilities. This deal aims to improve maritime security and support India's indigenous defense manufacturing ecosystem, benefiting local MSMEs.
• Contract signed in Kanpur with Defence Secretary Rajesh Kumar Singh.
• Expected to boost HAL's production network and MRO opportunities.
The contract underscores a commitment to strengthening maritime domain awareness.
Not investment advice. For informational purposes only.