India, US push for swift closure of GE-414 fighter jet engine pact, eyes March deadline
- Posted on January 22, 2025
- By Business News Today
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India, US push for swift closure of GE-414 fighter jet engine pact, eyes March deadline
Hindustan Aeronautics Limited (HAL) is working to finalise the GE-414 engine deal with General Electric (GE) by March, aiming to accelerate indigenous aircraft manufacturing. A HAL team is set to visit the US to address technical and financial details. The agreement, valued at around $1 billion, includes a substantial transfer of technology. Delays in engine supplies have affected India's LCA Mark 1A and Mark 2 programmes, making the deal crucial for defence preparedness.