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MACHINIST - HAL Order Book registers Rs 8524 Crore increase for 2010-11

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Home arrow News arrow Aerospace arrow HAL Order Book registers Rs 8524 Crore increase for 2010-11

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HAL Order Book registers Rs 8524 Crore increase for 2010-11
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Written by James   
Friday, 01 April 2011

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Bangalore: Hindustan Aeronautics Limited' Order Book during the financial year 2010-11 increased by 8524 Crores. Sales for the year 2010-11 is 13,061 Crores registering a growth of 14% over the previous year.

A major achievement for the company, this year was the Initial Operation Clearance (IOC) for LCA and roll-out of the LCA – Navy first prototype. In addition to this, the 100th Dornier DO-228 aircraft was manufactured from HAL, Kanpur.

The first Su-30 MKI aircraft manufactured out of raw material rolled out of the Company, this financial year and the first raw material phase engine for the Su30 MKI successfully completed the Long Test at its Koraput facility.

Initial Operation Clearance (IOC) for the ALH Mk-III and Shakti Engine utility variant was granted by the Certification Authority. Flying effort of the Light Combat Helicopter is set to increase with the introduction of the Technology Demonstrator-2 (TD2) into flight tests.

HAL has also launched three major development projects. A Joint Venture company for the co-development of Multi-role Transport Aircraft (MTA) was formed with the Russian partners. A contract was signed with Russia for commencing the preliminary design of the Fifth Generation Fighter Aircraft (FGFA). The design for the Light Utility Helicopter (LUH) was frozen in coordination with the customers and the detailed design phase has commenced.

The company has registered a Profit Before Tax (PBT) of Rs. 2,718 Crores. An Interim Dividend of 300 crores has been declared for the year 2010-11.

 
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