HAL Hands Over Tejas Trainers, HTT-40 To IAF; Dhruv NG Helicopters To Pawan Hans
A defence development with market-wide reach.
· NDTV Profit
Hindustan Aeronautics Limited has handed over two LCA FOC Trainer aircraft to the Indian Air Force, completing the twin-seater deliveries under the FOC contract, and four Dhruv Next Generation (NG) helicopters to Pawan Hans Limited.
The analysis
Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.