The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)’s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue. The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)’s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue. Economic Times
November 11, 2024
- NASA astronauts won’t say which one of them got sick after almost 8 months in space
- What to Know About COP29 and How the U.S. Election Affects Climate Talks
- Snow patch known as U.K.’s longest-lasting has vanished for fourth straight year
- Mexico is offering water to South Texas. But there’s a catch farmers aren’t happy about.
Headlines
