India penalises General Electric for delaying Tejas fighter jet engine delivery by 2 years
The Indian government plans to penalise General Electric Co. for significant delays in delivering jet engines for its domestically built light-combat aircraft, Bloomberg reported citing an Indian official familiar with the matter. The deliveries GE has been penalised for are a part of a $716 million deal with state-owned Hindustan Aeronautics Ltd. (HAL). That deal, signed in 2021, covers the supply of 99 engines for the Tejas Light Combat Aircraft Mk1.
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