IAF-HAL conclude ₹6,800 crore contract for 70 HTT-40 trainer aircraft
The Indian Air Force (IAF) and the Hindustan Aeronautics Limited (HAL) on Thursday concluded a ₹6,800 crore contract for 70 HTT-40 indigenous Basic Trainer Aircraft (BTA). In all, 451 Memoranda of Understanding (MoU), Transfer of Technology (ToT) agreements and product launches took place during the Bandhan ceremony at the 12th DefExpo.