GE, India’s HAL Clinch Tech Deal on Joint Jet Engine Plan

Indian and US companies reached a technology agreement to jointly manufacture jet engines, a first for both, as Prime Minister Narendra Modi seeks foreign partners to modernize the air force and produce weapons in the South Asian nation.

Ohio-based defense manufacturer GE Aerospace and India’s state-owned Hindustan Aeronautics Limited have “reached an agreement on technical matters” for co-production of F414 engines, the two companies said in a joint statement issued Tuesday. The deal has been in the works for about three years and brings the partners closer to production.