HAL seals $1 billion deal with US GE Aerospace to buy 113 jet engines

The Hindustan Aeronautics (HAL) sealed a major deal with American defence major GE Aerospace to procure 113 jet engines for its Tejas light combat aircraft programme. Under the deal, the delivery of the F404-GE-IN20 engines will begin from 2027 and the supplies will have to be completed by 2032, the company said in its regulatory filing.

Deal to buy jet engines for Tejas fighter jets

The deal came despite 50% tariff imposed by Trump administration on Indian goods and amid US-India trade deal which has been facing delays.

Read more

You may also like

Comments are closed.