The Indian Air Force requires 35-40 new fighter jets annually to address fleet gaps and future retirements. Air Chief Marshal AP Singh highlights the need for private sector involvement alongside HAL to meet this demand.
General Electric (GE) has raised its asking price by $500 million for the licensed production of F-414 engines in India, citing an expansion in the Transfer of Technology (ToT) agreement with Hindustan Aeronautics Limited (HAL). This increase brings the total deal value to $1.5 billion and has introduced delays as both parties renegotiate terms. The […]
