Industry NewsOctober 25, 2022
IAF-HAL conclude ₹6,800 crore contract for 70 HTT-40 trainer aircraft
IAF and HAL finalized a ₹6,800 crore agreement for 70 HTT-40 Basic Trainer Aircraft during the Bandhan ceremony at the 12th DefExpo.
The Indian Air Force (IAF) and Hindustan Aeronautics Limited (HAL) finalized a ₹6,800 crore agreement for 70 HTT-40 indigenous Basic Trainer Aircraft (BTA). This contract was concluded during the Bandhan ceremony at the 12th DefExpo. During the event, a total of 451 Memoranda of Understanding, Transfer of Technology agreements, and product launches took place across the defence sector.
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