The memorandum of understanding includes the potential joint production of GE Aerospace's F414 engines in India, GE said. (AP Photo: Richard Drew, File)
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General Electric said on Thursday it has signed a memorandum of understanding with India’s state-owned Hindustan Aeronautics Ltd to make fighter jet engines for the Indian Air Force.
The development comes at a time when Indian Prime Minister Narendra Modi is on an official state visit to the United States.
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The memorandum of understanding includes the potential joint production of GE Aerospace’s F414 engines in India, GE said.
Hindustan Aeronautics previously said it planned to use the engine for a second generation of light-combat aircraft and it was in talks over domestic production of the engines.
Reuters reported in May the Biden administration was poised to sign off on a deal that would allow GE to produce jet engines powering Indian military aircraft
