HAL Slaps GE With Fines As $716m Engine Crisis Grounds TEJAS MK-1A Production
Hindustan Aeronautics Limited (HAL) has officially initiated the recovery of liquidated damages from GE Aerospace following significant delays in the delivery of F404-IN20 turbofan engines.This financial penalty, confirmed by HAL Chairman and Managing Director DK Sunil, stems from a 2021 contract valued at $716 million for 99 engines intended to power the TEJAS MK-1A light combat aircraft.Under
Hindustan Aeronautics Limited (HAL) has officially initiated the recovery of liquidated damages from GE Aerospace following significant delays in the delivery of F404-IN20 turbofan engines.This financial penalty, confirmed by HAL Chairman and Managing Director DK Sunil, stems from a 2021 contract valued at $716 million for 99 engines intended to power the TEJAS MK-1A light combat aircraft.Under
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