The company said that these twin-engine helicopters incorporate state-of-the-art features superior to the currently operated airborne platforms and are capable of undertaking a wide spectrum of maritime security missions from shore-based airfields as well as ships at sea. It added that their induction will significantly enhance the capabilities of the Indian Coast Guard in ensuring the safety and protection of artificial islands, offshore installations, fishermen, and the marine environment.

The project envisages supply of equipment from more than 200 MSMEs and is expected to generate approximately 65 lakh man-hours of employment. The contract reinforces the Government’s commitment to Aatmanirbhar Bharat and the Make-in-India initiative, while further strengthening the nation’s maritime security architecture.

Separately, a contract worth Rs 2,182 crore has been signed with JSC Rosoboronexport, Russian Federation, for the procurement of Surface-to-Air Vertical Launch – Shtil missiles and associated missile holding frames.

The missile system is expected to enhance the air defence capabilities of frontline warships by providing rapid-reaction, all-weather engagement against diverse aerial threats. The agreement also reflects the longstanding defence partnership between India and Russia, built on mutual trust and strategic cooperation.

Hindustan Aeronautics is engaged in the business of manufacture of aircraft and helicopters and repair and maintenance of aircraft and helicopters.

The company’s consolidated net profit rose 10.8% to Rs 1,669.07 crore on a 10.9% increase in revenue from operations to Rs 6,628.61 crore in Q3 FY26 over Q3 FY25.

The counter shed 0.05% to Rs 3,949.95 on the BSE.