22 January 2013

News Story: India, US finalise Rs 3000 crore deal for jet engines

Tejas LCA (File Photo)

NEW DELHI (PTI): India and the US have finalised a Rs 3000-crore deal for supplying 99 jet engines to be used in the indigenous Light Combat Aircraft 'Tejas' being developed by the DRDO.

Around two years ago, India had selected the American company General Electric over its rival European Eurojet 2000 for the LCA Mark II programme expected to be ready around 2014-15.

"The deal worth Rs 3,000 crore has been finalised with the US for procuring 99 engines for the LCA Tejas MkII," Defence Research and Development Organisation officials said here.

As per the contract, the order could be for 99 engines initially but India will have the option of ordering another 100 engines in the future.

Read the full story at Brahmand