Hindustan Aeronautics Limited Taps GE Aerospace to Produce Fighter Jet Engines for Indian Air Force; Terms Undisclosed
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GE Aerospace has signed a Memorandum of Understanding (MOU) with Hindustan Aeronautics Limited (HAL) to produce fighter jet engines for the Indian Air Force, strengthening defense cooperation between India and the United States.
June 22, 2023 | 9:35 am
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GE Aerospace's MOU with HAL to produce fighter jet engines for the Indian Air Force may lead to increased revenue and strengthen its position in the defense sector.
The MOU between GE Aerospace and HAL is a significant development for GE, as it expands its presence in the defense sector and potentially increases its revenue. The partnership also strengthens defense cooperation between India and the US, which may lead to further opportunities for GE in the future.
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