STOCKWATCH
·
Aerospace & Defense
Deals13 Feb 2026, 09:51 am

Hindustan Aeronautics Ltd yet to receive official communication on 114 Rafale deal

AI Summary

In response to a news article in the 'Times of India' dated 13 February, 2026, Hindustan Aeronautics Ltd has clarified that they have not received any official communication from the Ministry of Defence or Dassault regarding the procurement of 114 Rafale multi-role fighters. The article suggested that 20 of these fighters would be bought in fly-away condition and added to the IAF fleet by 2030, with the rest being manufactured in India through a Dassault-HAL collaboration.

Key Highlights

  • Hindustan Aeronautics Ltd has not received any official communication regarding the 114 Rafale deal
  • The deal, if confirmed, would involve 20 fighters being bought in fly-away condition and the rest manufactured in India
HAL
Aerospace & Defense
Hindustan Aeronautics Ltd

Price Impact