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HAL inks MoU with FAdeA to explore collaboration in MRO space

21 Jun 2023 Evaluate

Hindustan Aeronautics (HAL) has inked a memorandum of understanding (MoU) with Argentina's Fabrica Argentina de Aviones (FAdeA) towards exploring the possibilities of collaboration in the field of maintenance, repair and overhaul (MRO). The agreement will also involve meeting any offset requirements in case of probable sale of HAL-made platforms in Latin American region.

Similar to HAL, FAdeA is an Argentinian state-owned aerospace company under the administrative supervision of the South American country's Ministry of Defence involved in design, manufacture and maintenance of civil and military aircraft.

Hindustan Aeronautics 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.


Hindustan Aeron Share Price

4387.10 22.15 (0.51%)
17-Apr-2026 16:59 View Price Chart
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