Photo courtesy of Hindustan Aeronautics Limited
Hindustan Aeronautics Ltd.’s (HAL) financial year ended March 31. The company reported “the highest ever turnover” at roughly $26.1 billion during the 2016-2017 financial year.
During the previous financial year, HAL reported total sales of $25.1 billion. Orders in financial year 2016-2017 were worth about $31.5 billion. The company said highlights from financial year 2016-2017 include:
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- Overhauling 197 aircraft/helicopters
- Overhauling 473 engines
- Production of 178 new aero-structures
- Orders for 32 advanced light helicopter (ALH) for the Indian Navy and the Coast Guard
- Maiden flight of the light utility helicopter (LUH)
- Launched metal cutting for 1200kW tourboshaft engine (HTSE 1200)