Photo: economictimes.indiatimes.com
India’s HAL and GE Strike $1.5 Billion Deal for Tejas Fighter Jet Engines
India has finalized a $1.5 billion deal with General Electric for engines to power the HAL Tejas fighter jet, emphasizing significant technology transfer and indigenous capability.
- The complex agreement between Hindustan Aeronautics Limited and General Electric ensures over 80% transfer of technology for new engines to power the HAL Tejas fighter jet.
- In August 2021, HAL secured a deal for 99 F 404-IN20 engines valued at $716 million for the initial batch of LCA Mk1as, with deliveries now underway despite delays.
- The substantial deal reflects Indias commitment to enhancing its defense capabilities and self-reliance in military aviation amidst global supply chain challenges faced by GE.
Por Qué Es Relevante
This agreement is pivotal for Indias defense strategy, enhancing indigenous production capabilities for the HAL Tejas while fostering stronger ties with the United States in military cooperation. It underscores Indias focus on self-reliance in defense technology.