Hindustan Aeronautics

Assembly Line

✈️ GE nears deal with India’s Hindustan Aeronautics to co-manufacture fighter jet engines

📅 Date:

🔖 Topics: Partnership

🏭 Vertical: Aerospace

🏢 Organizations: GE Aerospace, Hindustan Aeronautics

General Electric is in final discussions to cement a partnership with India’s Hindustan Aeronautics Ltd. to co-manufacture jet engines in the country, CNBC has learned. The engines would be used utilized in fighter jets for India, the people said.

The deal, expected to be signed either before or during a visit by Indian Prime Minister Narendra Modi to Washington, D.C., later this month, would give the Indian aerospace company access to GE’s highly coveted F414 engine, according to two people familiar with the deal who requested anonymity to discuss not-yet-public details.

Read more at CNBC