Final Commercial Negotiations For 99 GE-F414 Jet Engines With 80% ToT Option Underway
Final commercial negotiations for 99 GE F414 jet engines with 80% To-T are underway. The contract between HAL & GE should be inked within a month or two.The General Electric (GE) Aerospace-Hindustan Aeronautics Limited (HAL) deal for transfer of technology (ToT) to co-produce engines in India for the TEJAS MK-2 is expected to cost less than a billion dollars for 99 engines, top Defence