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Home World India

HAL forms panel to negotiate GE-F414 deal with US, aims to ink it by March 2025

31 December 2024
in India
0
HAL forms panel to negotiate GE-F414 deal with US, aims to ink it by March 2025
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Hindustan Aeronautics Limited is working on developing the LCA Mark 2 fighter aircraft and has formed a committee to negotiate a deal with the US for GE-F414-INS6 engines. A Memorandum of Understanding was signed in June 2023 for engine production in India, aiming to conclude the deal by March 2025. 80% of the engine parts will be licensed through Transfer of Technology, representing a 22% increase in value.

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Tags: aimsdealformsGE-F414 enginesGEF414General Electric CompanyHALHAL GE-F414 dealHindustan Aeronautics LimitedinkLCA Mark 2 fighter aircraftMarchnegotiatePanelUS India defence collaboration
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