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HAL 34th among top 100 global defense firms

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Added on: Aug 08th, 2007

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Aerospace major Hindustan Aeronautics Limited has climbed 11 places to reach the 34th position in the list of top 100 defence companies in the world. The top five slots were occupied by Lockheed Martin, Boeing, BAe Systems, Northrop Grumman and Raytheon. The ratings are based on a company's sales and turnover, and HAL's leap forward is being attributed to a series of upgrade programmes and new projects.
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