HAL and US GE Aerospace sign a $1 billion agreement to purchase 113 jet engines.
In order to acquire 113 jet engines for its Tejas light combat aircraft program, Hindustan Aeronautics (HAL) and American defense giant GE Aerospace reached a significant agreement. According to the agreement, the company stated in its regulatory filing that the delivery of the F404-GE-IN20 engines will start in 2027, and the supply must be finished…