TEJAS MK2
IAF chief hints at foreign fifth-gen fighter option if AMCA is delayed, cites Russia's Su-57 offer
IAF chief Air Chief Marshal Amar Preet Singh has indicated that India could examine foreign fifth-generation fighter options if the indigenous AMCA programme is delayed. Russia has offered its Su-57 fighter, although Singh said no decision has been taken. The IAF is also seeking to expand its fighter fleet as squadron strength remains below the authorised level.
AMC stocks face rough waters; Kotak sees selective opportunities in SBI, HDFC AMC
Indian asset management companies are experiencing steady retail inflows, notably through Systematic Investment Plans. Kotak Institutional Equities suggests that future growth is closely tied to market recovery and continuous fund performance. Smaller AMCs are becoming more popular, whereas larger firms are pressured to deliver consistent results. For significant AMCs like SBI Funds Management, stable performance is crucial for sustaining profit growth.
RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect
Reliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and higher throughput, according to Nuvama Research. While the O2C business is likely to drive near-term earnings, New Energy could emerge as a key growth driver, with EBITDA projected to reach Rs 20,100 crore by FY30. Nuvama retains its Buy rating with a target price of Rs 1,766.
Re-rating on cards for HAL shares as Tejas Mk1A aircraft deliveries near: Jefferies
Tejas Mk1A accounts for 43% of HAL’s order book and could emerge as a key re-rating trigger as deliveries gain visibility, Jefferies said. HAL CMD Ravi Kota expects to deliver 10 aircraft this year, ahead of Jefferies’ earlier estimate of five. The brokerage retained its Buy rating with a Rs 6,800 target.
LCA Mk2, AMCA first flight dates confirmed: Defence Secretary reveals timeline for India’s next-gen fighter jets
India's LCA Mk2 medium weight fighter prototype is expected to fly by September 2027. The country's Advanced Medium Combat Aircraft, or AMCA, is targeted for its first flight in September 2028. Defence Secretary Rajesh Kumar Singh provided clear timelines for these military aircraft programs. Test flights are set to occur between June and September next year. These developments are crucial for enhancing India's air combat capabilities against regional threats.
HAL shares rise 2% as firm hands over 3 aerospace platforms to IAF. What is Goldman Sachs saying?
Hindustan Aeronautics Ltd (HAL) shares rose on Monday after the company handed over three indigenously developed platforms to the IAF and Pawan Hans. The deliveries included the Dhruv-NG helicopter, LCA Tejas Trainer jets and HTT-40 basic trainer aircraft.
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Tejas Mk1A delivery delayed despite 27 airframes ready, HAL CMD explains why
HAL CMD Ravi K said the company has prepared 27 Tejas Mk1A airframes, but delivery of the first batch to the IAF awaits testing of systems including AESA radar and missile integration. He said HAL hopes to complete deliveries this year. Ravi K also discussed Tejas Mk2, SJ-100 production, Combat Air Teaming System, AMCA, MRO expansion and trainer aircraft deliveries.
Defence exports rise after Operation Sindoor. Jefferies names Solar, Astra, HAL and BEL as top stock picks
Jefferies initiated coverage on Solar Industries and Astra Microwave with Buy ratings, citing strong defence growth prospects and rising order books. It also maintained Buy ratings on HAL and Bharat Electronics while assigning a Hold rating to Bharat Dynamics. The brokerage expects robust earnings growth across these companies, supported by rising defence spending, indigenisation and export opportunities.
Skies over Jodhpur to host India-Japan air combat drills as Japanese Self-Defense Force arrives for Veer Guardian 2026
A Japanese Self-Defense Force contingent has arrived in Jodhpur for Exercise Veer Guardian 2026. This joint exercise will enhance interoperability and operational synergy between the two air forces. The training will focus on improving tactical proficiency and deepening mutual understanding. This event follows a recent meeting between the defense ministers of India and Japan. Both nations agreed to expand cooperation across key sectors including maritime security.
Will BDL, HAL & other defence stocks deliver rocketing returns? Here’s why this brokerage remains bullish
India’s defence sector is gaining momentum on the back of rising defence spending, localisation, strong order pipelines and growing exports. Bajaj Broking remains bullish on Bharat Dynamics and Hindustan Aeronautics, citing improving execution, robust order books and long-term military modernisation as key growth drivers.
HAL shares rise nearly 3% as GE Aerospace delivers 3 more F404 engines for Tejas Mk1A
HAL shares rose nearly 3% after GE Aerospace delivered three F404-IN20 engines in August for India’s LCA Tejas Mk1A programme. The deliveries come amid prolonged supply delays, as HAL works to fulfil Indian Air Force orders for 180 Mk1A fighters. HAL currently has an annual production capacity of 24 aircraft, with engine supplies critical to ramping up production.
HAL shares gain 2% after Q1 earnings beat estimates. Nomura, other brokerages hike target price
In the first quarter of FY27, Hindustan Aeronautics showcased a robust 15% rise in net profit, prompting brokerages to adjust their target prices for HAL shares. Notably, Nomura retained its buy rating while upping its target to Rs 6,314. Meanwhile, Motilal Oswal also revised its target to Rs 5,800, attributing this to the impressive quarterly results. The company anticipates ramping up Tejas deliveries starting FY28.
India weighs action against HAL for delayed Tejas fighter deliveries
In light of ongoing delays in the delivery of Tejas Mk1A fighter jets, the Defence Ministry is contemplating penalties for Hindustan Aeronautics Limited. To date, the Indian Air Force has yet to receive a single Tejas Mk1A, despite HAL having procured engines and structural elements. The Ministry insists on HAL fulfilling its obligation to deliver all 180 ordered aircraft.
Defence ministry expects 24 Tejas Mk1A jets to be ready by end of year
Defence ministry sources have said that the production and readiness schedule for the LCA Mark1A is expected to reach around 18 to 24 aircraft by the end of the current year. The programme has faced delays due to GE F414 engine supply issues from the US firm. The Tejas Mk1A is part of India’s indigenous fighter aircraft development initiative.
Tejas fighter jet crashes at Dubai Air Show
Fighter Jet Plane Crash: A Tejas fighter jet crashed during a demonstration at the Dubai Air Show on Friday, resulting in the pilot's death. The Indian Air Force confirmed the incident and is constituting a court of inquiry to determine the cause. This mishap occurred just a day after the government debunked false claims of an oil leak from the same aircraft.
HAL shares rise 2% as Ministry of Defence inks Rs 62,370 crore deal for 97 Tejas Mk-1A jets
Hindustan Aeronautics Limited (HAL) surged after securing a Rs 62,370 crore contract from the Ministry of Defence to supply 97 Tejas Mk-1A fighter jets, boosting indigenous defence manufacturing and strengthening the Indian Air Force’s fleet modernization plans.
Made-in-India jet engines a step closer as HAL, GE near deal for Tejas Mk-2 fighter jet: Report
Hindustan Aeronautics Limited (HAL) and General Electric (GE) Aerospace are set to start commercial negotiations on co-producing the F414 engine for India’s Tejas Mk-2 aircraft. Talks, running for nearly two years, are expected to close within three months. The agreement includes an 80 percent technology transfer, a step up from earlier commitments. Meanwhile, French firm Safran has been chosen to co-develop an engine for India’s Advanced Medium Combat Aircraft, marking another move towards domestic capability in defence aviation.
Large touch screen, side joystick & less switches: Tejas Mk2 simulator provides first details look of India's 4.5 gen fighter jet
The Tejas Mk2 fighter jet's simulator offers a glimpse into its advanced cockpit. Developed by the Aeronautical Development Agency, the cockpit features a Large Area Display and touch-enabled interface. It also incorporates sensor fusion and an electronic warfare system. The aircraft boasts enhanced weapon payload and fuel capacity. The first prototype is expected by May 2026.
LCA Tejas on fast track: GE to supply two F404 engines a month; India plans to buy Javelin missiles, Stryker vehicles, says Def Secy
Engine supplies for India's Tejas Mk1A fighter jets are back on track. General Electric will increase deliveries. India is also considering an emergency purchase of Javelin anti-tank guided missiles from the United States. The US Stryker vehicle trial did not meet the Indian Army's requirements. India seeks an amphibious version. The nation aims to replace its BMP-2 infantry combat vehicles.
Tejas Mk1A to finally fly out of factory this month: HAL chief says
Hindustan Aeronautics Limited will soon roll out the first Tejas Mk1A fighter from its Nashik production line. The rollout is expected by the end of July. Integration and test firing of the Astra air-to-air missile are scheduled for early August. HAL plans to increase Tejas aircraft production to 30 annually by 2026-27.
India to get Tejas Mk1A this fiscal: Here is how it compares with China's JF 17, Rafale, F-16
The HAL Tejas Mk1A, India's indigenous light fighter jet, demonstrates competitive capabilities within the global lightweight multirole fighter category. When compared to aircraft like the Dassault Rafale, F-16 Block 70, JF-17 Block III, and FA-50 Golden Eagle, the Tejas showcases comparable performance in size, weight, range, and speed, positioning it as a significant player in the international aerospace market.
HAL revises Tejas Mk1 contract to ₹6,542 crore amid delay and production hurdles
Hindustan Aeronautics Limited (HAL) has amended its contract with the Indian Air Force (IAF) for the production of Light Combat Aircraft (LCA) Tejas Mk1 FOC fighter jets, increasing the deal’s value from Rs 5,989.39 crore to Rs 6,542.20 crore. Meanwhile, American defence giant GE Aerospace has delivered the first of 99 F404-IN20 engines to HAL, marking a significant milestone in the Tejas programme.
India aims to strengthen IAF’s fighter fleet by expanding Tejas production
With the revised delivery of aero-engines from General Electric, India is set to increase production of the Tejas Light Combat Aircraft (LCA), addressing the Indian Air Force's (IAF) dwindling fighter squadrons. The Hindustan Aeronautics Limited (HAL) aims to ramp up output and meet critical defence requirements. Delays in engine supplies have plagued the project, but with GE's commitment to timely deliveries, HAL expects to reach higher production targets soon, alongside preparations for the Tejas Mk-2 with advanced capabilities.
IAF squadron shortage being addressed through multi-pronged approaches: Parliamentary panel
India's Air Force is grappling with dwindling fighter squadron numbers due to the retirement of older MiG variants. A parliamentary report reveals a multi-pronged approach to address this, including the induction of the homegrown Tejas fighter jet. The report also highlights four spying incidents within the IAF in recent years, with personnel dismissed and one facing trial.
Indian Air Force set to receive Tejas Mk 1A Combat Aircraft next month after delays in engine delivery
The Indian Air Force will start receiving the upgraded Tejas Mk 1A Light Combat Aircraft from next month. This marks a significant step in replenishing its fighter jet inventory. The aircraft, featuring advanced capabilities and modernised features, is undergoing final trials. Initial deliveries will use Category B engines, with new engines expected by November.
Rs 36,468 crore worth of order for Tejas fighter aircraft placed under Modi govt: Officials
More than Rs 9,000 crore has been sanctioned for the development of LCA Mk 2, an updated and more lethal version of LCA Tejas, they said. To further promote indigenisation, including of the aircraft engine, the transfer of technology for manufacturing of the GE engine in India was negotiated with the US firm during Modi's visit to the the country in June 2023, they added.
Tejas Mk 2 to be ready for first flight by 2025
After the Cabinet Committee on Security led by PM Narendra Modi had cleared the project to develop the LCA last year, the emphasis on indigenously designed engine for the fighter plane had left the project in limbo. “With this new pact, 90% of the components will be indigenous and the focus will be on state-of-the-art radar systems, weapons, and other capabilities.
HAL signs Rs 2,400 crore contract with BEL
In a major boost to indigenisation, Hindustan Aeronautics Limited on Thursday signed a contract with Bharat Electronics Limited for development and supply of 20 types systems for the LCA Tejas Mk1A programme.
Tejas Mk-II: India may avail consultancy from European manufacturers who bid for MMRCA deal
India could avail consultancy from some of European aircraft manufacturers for the development of the Mark-II version of Light Combat Aircraft Tejas.
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