Talks between Hindustan Aeronautics Ltd (HAL) and GE Aerospace on the F414 fighter jet engine programme continue to progress as planned, with sources dismissing reports of a deadlock and stating that negotiations are moving in the right direction. Sources told NDTV Profit that concerns around the F414 engine pricing and commercial terms reported earlier are not related to the ongoing HAL-GE discussions. The issues may instead be linked to separate discussions involving the Defence Research and Development Organisation (DRDO) for the Advanced Medium Combat Aircraft (AMCA) programme. ALSO READ | HAL Share Price: GE F414 Engine Talks Hit Roadblock, Raising AMCA Cost Concerns — Report The clarification comes after reports suggested that negotiations over GE's F414 engine had slowed due to differences on pricing, technology transfer and local manufacturing arrangements, raising concerns over possible cost escalation and timelines for India's future fighter aircraft program...
A French prime minister should be loyal, content at lingering in their boss's shadow and a dab hand with the country's mille-feuille bureaucracy. He or she should also know they will be disposed of if...
from NDTV News - Special https://ift.tt/7kVU6Np
from NDTV News - Special https://ift.tt/7kVU6Np
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