Market Performance
Hindustan Aeronautics Ltd (HAL) shares opened almost flat on August 21 after the announcement of a major defence deal.
- NSE Share Price: Rs 4,446.4
- Change: -0.16%
- The stock showed minimal movement at market opening despite the mega order confirmation.
HAL Secures Mega LCA Mk-1A Fighter Jet Order
HAL confirmed that the Cabinet Committee on Security (CCS) approved the procurement of 97 Light Combat Aircraft (LCA) Mk-1A along with associated equipment for the Indian Air Force.
- Deal Value: Rs 62,000 crore
- Date of CCS Approval: 19th August 2025
- Announcement by HAL: 21st August 2025
This approval marks a major milestone for HAL, enhancing India’s indigenous fighter jet programme and strengthening its air combat capabilities.
Company Details: LCA Mk-1A Programme
The LCA Mk-1A is an enhanced variant of the Tejas fighter jet, developed to gradually phase out the Indian Air Force’s aging MiG-21 fleet.
- Previous HAL Contract: February 2021
- First Deliveries: Expected to begin this year
- FY26 Deliveries: Six jets planned
- The order resolves earlier challenges in engine supply and signals the government’s continued support for domestic defence manufacturing.
Summary of the News
The Rs 62,000-crore order for 97 LCA Mk-1A fighter jets is a landmark achievement for HAL. Key highlights include:
- Strengthening India’s air power with advanced indigenous aircraft
- Continuation of the Tejas programme
- Deliveries commencing in FY26, beginning with six jets
- Significant step towards modernizing the Indian Air Force fleet
The news is expected to keep HAL in focus as a key player in India’s defence manufacturing sector.
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