New Delhi: Boeing announces partnership with HAL and Mahindra Defence Systems (MDS) for manufacturing F/A-18 Super Hornet fighter jet in India.
Boeing India, Hindustan Aeronautics Ltd (HAL) and Mahindra Defence Systems (MDS) on Thursday entered into an agreement to manufacture fighter aircraft F/A-18 Super Hornet in the country.
Boeing India President, Pratyush Kumar, HAL Chairman and Managing Director, T Suvarna Raju and Mahindra Defence Systems Chairman, S P Shukla, exchanged a ‘Memorandum of Agreement for ‘Make in India fighter’ at the ongoing ‘DefExpo’ near here.
Stating that the discussions on the tie-up have been going on for the last 18 months, Kumar said, “The intent of the government and the MoD (Ministry of Defence) for a strategic partnership is to produce ‘Make in India’ aircraft.”
“We scanned across length and breadth of the country. We discussed with over 400 suppliers.” Kumar told reporters. “Hindustan Aeronautics Ltd is the only company that manufactures combat fighters, while Mahindra Defence is the only company that manufactures small commercial planes.It is exciting for us,” he said.
Kumar said a joint venture company would be floated over the next few months and added that investments under the agreement will be “huge.”
On the agreement, Mahindra Defence Systems, Chairman, S P Shukla said, “This is a combination.. we have three companies that will bring their expertise, domain knowledge and flavour to the alliance.”
Hindustan Aeronautics Ltd, Chairman and Managing Director, T Suvarna Raju said, under the agreement the existing facilities may be used for manufacturing the fighter aircraft or if required may set up a facility.