HomeNewsBusinessMarketsSharp selloff in HAL shares: What's the update on the GE deal for Tejas engines?

Sharp selloff in HAL shares: What's the update on the GE deal for Tejas engines?

HAL is targetting to deliver 16 LCA Mk1A jets to the Indian Air Force in 2025, with a total of 83 jets by 2029. Project-related delays had already pushed back the first delivery, originally scheduled by March 2024.

Moneycontrol News

January 21, 2025 / 18:11 IST

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The ongoing uncertainty over engine supply has weighed on the stock price, even as HAL faces challenges in terms of timely execution of the IAF order.

Moneycontrol News

first published: Jan 21, 2025 11:44 am

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Sharp selloff in HAL shares: What's the update on the GE deal for Tejas engines?

HAL is targetting to deliver 16 LCA Mk1A jets to the Indian Air Force in 2025, with a total of 83 jets by 2029. Project-related delays had already pushed back the first delivery, originally scheduled by March 2024.

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