New Delhi looks poised for a major expansion of its attack helicopter capabilities, issuing a large request for proposal (RFP) for the Hindustan Aeronautics (HAL) Light Combat Helicopter (LCH). In a ...
Hindustan Aeronautics Ltd (HAL) saw foreign brokerage UBS reducing its rating on the stock to 'Neutral' from 'Buy' but upped target price to Rs 5,600 from Rs 5,400 earlier, citing fair risk-reward.
On Friday, 28th March, India secured its biggest defense deal to date by acquiring 156 Prachand (meaning "fierce" or "intense") Light Combat Helicopters from Hindustan Aeronautics Limited (HAL).
The Indian Air Force inducted the HAL Light Combat Helicopter into service on 3 October 2022. (Janes/Akhil Kadidal) The Indian Ministry of Defence (MoD) has issued a request for proposal (RFP) to ...
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