India expects stable delivery of GE-powered fighter jets next fiscal year after delays
Portfolio Pulse from
India anticipates stable delivery of domestically-made light combat aircraft powered by GE engines in the next fiscal year, following a 12-month delay.
February 10, 2025 | 1:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
General Electric (GE) is expected to deliver engines for India's domestically-made light combat aircraft in the next fiscal year after a 12-month delay.
The news indicates that GE will resume its engine deliveries for India's fighter jets, which had been delayed by 12 months. This resumption is positive for GE's aerospace division, suggesting potential revenue stabilization or growth in this segment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80