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Hindustan Aeronautics signs MoU with JSC Rosoboronexport

10 Feb 2020 Evaluate

Hindustan Aeronautics (HAL) has signed a Memorandum of Understanding (MoU) with JSC Rosoboronexport during the ongoing DefExpo 2020. The MoU envisages export of spares and services to friendly countries for which license has been given to HAL. The parties will subsequently sign an agreement on mutually agreed terms and conditions. The scope will include Su-30 MKI, AL 31 FP engine, RD33 engines, accessories etc.

HAL is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

Peers
Company Name CMP
Hindustan Aeronaut. 4670.00
Bharat Electronics 387.00
Aequs 271.60
Astra Microwave Prod 1655.00
Axiscades Tech. 2072.80
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