(CercleFinance.com) – GE announces that its GE Aerospace division has signed a Memorandum of Understanding (MOU) with Hindustan Aeronautics Limited (HAL) for the production of fighter aircraft engines for the Air Force Indian.
The agreement includes potential joint production of GE Aerospace’s F414 engines in India. GE Aerospace is also working with the United States government to obtain the necessary export authorizations for this project, which is part of the Air Force’s Mk2 light combat aircraft program. Indian.
“Our F414 engines are second to none and will provide significant economic and national security benefits for both countries as we help our customers produce the highest quality engines to meet the needs of their military fleet,” commented H. Lawrence Culp, Jr., Chairman and CEO of GE and CEO of GE Aerospace.
The official added that this ‘historic agreement’ was made possible thanks to the company’s long-standing partnership with India and HAL.
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