Shares of Hindustan Aeronautics Limited (HAL), a state-owned aerospace and defence company, surged over 3 per cent in intraday trade on Tuesday.
Hindustan Aeronautics has undertaken upgradation of 47 jets with extensive French technical assistance in Bangalore as part of a Rs 17,547 crore contract finalised in 2011-2012.
The upgrade program includes installation of new mission computers, pulse doppler radars, advanced navigation and electronic warfare systems, advanced communication systems and identification systems.
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Shares of Hindustan Aeronautics Limited (HAL), a state-owned aerospace and defence company, surged over 3 per cent in intraday trade on Tuesday. Hindustan Aeronautics has undertaken upgradation of 47 jets with extensive French technical assistance in Bangalore as part of a Rs 17,547 crore contract finalised in 2011-2012. The upgrade program includes installation of new mission computers, pulse doppler radars, advanced navigation and electronic warfare systems, advanced communication systems and identification systems.