HAL Ranked Higher Than Dassault in Independent Survey of World’s Top-100 Defence Companies
In Defence News’ survey, HAL was placed at the 38th spot and Dassault at the 44th.
Hindustan Aeronautics Limited (HAL) has reportedly been listed in the 38th place among the top-100 defence companies of the world. Dassault aviation, on the other hand, is ranked six places below—in the 44th place—in the survey.
Deccan Chronicle reported that the survey was independently carried out by Defence News, which collected the information collected through annual reports of the companies, and also from analysts in the field. The survey focused on the companies’ annual revenue, and the revenue derived from intelligence, defence, homeland security and national security contracts.
The survey listed that in 2017, HAL had revenue of about $2,720 million. In comparison, Dassault’s revenue in 2017 was about $2,124.19 million.
On multiple occasions, Defence Minister Nirmala Sitharaman has claimed that HAL did not have the required ‘capability’ to produce the Rafale fighter jets, citing this as the reason why the offset contract in the Rafale deal went to Anil Ambani-owned Reliance Defence. The minister’s claim has been negated by many, including the the former and current Chairmen of HAL.
Earlier this week, HAL Welfare Forum, an association of the defence PSU’s employees, had criticised the Narendra Modi government, saying that there was a conspiracy to shut down the Navratna company and that the minister was creating false narratives.