HAL Signs $2.4 Billion Engine Supply Agreement with GE for LCA Mk1A Programme
✈️ HAL has signed a major agreement with General Electric (GE), USA, for the supply of 113 F404-GE-IN20 engines and a comprehensive support package to power 97 Light Combat Aircraft (LCA) Mk1A units. Engine deliveries will span from 2027 to 2032, aligning with the LCA Mk1A programme’s execution timeline. The main aircraft contract was finalized in September 2025. HAL’s stock has gained 4.35% over the past year and 10.96% year-to-date, though it slipped 4.39% in the past month. Shares closed 0.8% higher at ₹4,626.95 on Friday.
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