GE Aerospace has handed over the fourth F404-IN20 fighter jet engine against the order of 2021 to Hindustan Aeronautics Limited (HAL).

HAL has acquired 113 F404-IN20 fighter jet engines from GE Aerospace, an American firm, in a deal valued at around USD 1 billion, amid ongoing trade negotiations with the US.

The contract for the deal will be signed in October.

Speaking with ANI, Dr DK Sunil, HAL Chairman and Managing Director, said that the agreement is expected to be inked by October this year, with negotiations at an advanced stage.

Regarding the contract for the 113 follow-on GE-404 engines, the HAL chief told ANI, “We expect to sign it in October. The contract will be worth more than 1 billion. The contract negotiations are done, and the price is finalised. We are only going throug

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