HAL Downplays AMCA Exclusion Amidst Private Sector Shortlisting

• Hindustan Aeronautics Limited (HAL) addressed media speculation regarding its exclusion from the Advanced Medium Combat Aircraft (AMCA) program, stating it received no official communication.
• Reports suggest private firms like Tata Advanced Systems, L&T, and Bharat Forge have been shortlisted for India's fifth-gen stealth fighter, potentially shifting HAL's traditional lead integrator role.
• HAL highlighted its robust confirmed order book, healthy production pipeline extending to 2032, and ongoing strategic indigenous programs like IMRH, LCA Mk2, and CATS.
• The company is also diversifying into civil aviation with platforms such as Dhruv NG, Hindustan 228, and SJ-100 to ensure stable revenue streams.
• HAL reported record Q3 FY26 revenue of ₹14,800 crore (up 12% YoY), EBITDA of ₹4,200 crore, and net profit of nearly ₹3,000 crore, driven by Tejas Mk1A and helicopter deliveries.