In major defence push, India to manufacture US' cutting-edge F414 engines at home
In major defence push, India to manufacture US’ cutting-edge F414 engines at home
Under the agreement, around 80 per cent of the manufacturing technology and intellectual property rights will be transferred to HAL. A formal contract on the same is likely to be announced before the end of the ongoing financial year.
New Delhi: In a major development that would boost India’s defence sector, Hindustan Aeronautics Limited (HAL) and General Electric Aerospace (GEA) have reached an agreement under which F414 jet engines would be co-produced in India.
Under the agreement, around 80 per cent of the manufacturing technology and intellectual property rights will be transferred to HAL, The Tribune reported. A formal contract on the same is likely to be announced before the end........
