HAL Share Price in Focus; Signs Long-Term Safran Deal for CFM LEAP Engine Programme

Hindustan Aeronautics Limited (HAL) has entered into a long-term agreement with Safran Aircraft Engines to manufacture critical components for the CFM LEAP engine programme, as per news reports. 

The agreement expands the companies' long-standing partnership and strengthens HAL's participation in the global civil aerospace manufacturing ecosystem. 

Agreement Signed at Farnborough 

The agreement was signed during the Farnborough International Airshow. 

It was signed by Praveen B, General Manager, Foundry and Forge Division, HAL, and Dominique Dupuy, Senior Vice President, Purchasing, Safran Aircraft Engines, in the presence of Ravi K, Chairman and Managing Director, HAL, and Jayakrishnan S, CEO (Bengaluru Complex), HAL. 

Manufacturing at Bengaluru Facility 

As part of the agreement, HAL will manufacture near-net shape turbine ring forgings at its ring rolling facility in Bengaluru. 

These components will be supplied for the CFM LEAP engine programme, one of the world's leading commercial aircraft engine programmes. 

Components Critical for Aero Engines 

The contract covers the production of superalloy turbine ring forgings. 

These components are used in the high-temperature rotating section of aero engines and are essential for ensuring engine performance and long-term reliability. 

HAL Highlights Strategic Importance 

Ravi K, Chairman and Managing Director, HAL, said the agreement reflects global aerospace OEMs' confidence in HAL's manufacturing capabilities.  

He added that participation in the LEAP engine programme strengthens HAL's presence in the global civil aerospace market while supporting advanced aero-engine manufacturing in India. 

Safran Sees Stronger Local Supply Chain 

Dominique Dupuy, Senior Vice President, Purchasing, Safran Aircraft Engines, said the company is enthusiastic about continuing its partnership with HAL. 

He added that the collaboration supports Safran's strategy of building a more locally integrated supply chain as production of LEAP engines is increased to meet growing global demand. 

Read More: HEG Share Price Gains Over 6% After Q1 FY27 Earnings Results: Total Income Up 7.6% YoY! 

HAL Share Price Performance  

As of 23 July 2026, at 2:20 PM, Hindustan Aeronautics Limited share price was trading at ₹4,561.20 per share, reflecting a surge of 0.3% from the previous trading session. 

Conclusion 

The long-term agreement further strengthens the partnership between HAL and Safran Aircraft Engines while expanding HAL's role in manufacturing advanced aero-engine components for the global civil aviation industry. 

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