HAL to acquire full stake in HATSOFF

A view of the HAL building in Bengaluru. HATSOFF is a 50:50 joint venture between HAL and CAE, Canada, and began operations in 2010. | Photo Credit: File photo

The Helicopter Academy to Train by Simulation Flying (HATSOFF), which has been imparting simulator training to military and civil helicopter pilots, will be fully acquired by Hindustan Aeronautics Limited (HAL).

HATSOFF is a 50:50 joint venture between HAL and CAE, Canada, and began operations in 2010.

The Bengaluru-headquartered defence PSU has now entered into an agreement with the latter for the acquisition of its 50% stake in the training institute.

In a regulatory filing dated October 2, 2026, HAL said it had entered into an agreement for the acquisition of a 50% stake in HATSOFF and would acquire 3,84,04,205 equity shares, each with a face value of ₹10, from CAE, Canada.