Bookmark Article
The deal for fighter jet engine technology transfer with the US is facing challenges, leading to a likely increase in cost after technical discussions with HAL. Negotiations are ongoing for over 80% technology transfer of GE414 INS6 engines, but the initial estimated price may exceed expectations, requiring internal approvals for adjustments. This overrun reflects a pattern seen in past defence deals involving technology transfer, such as the Rafale fighter jet and Scorpene submarine deals, highlighting the complexities and cost implications of such agreements.
Full Article
