Don’t miss the latest developments in business and finance.

Safran Helicopter Engines and Hindustan Aeronautics signs workshare agreement

Image
Capital Market
Last Updated : Feb 15 2023 | 1:31 PM IST

For joint development of engine for Indian Multi-Role Helicopter and Deck Based Multi-Role Helicopter

Safran Helicopter Engines and Hindustan Aeronautics (HAL) have signed a workshare agreement for the joint development of the engine intended for the future 13-ton IMRH (Indian Multi-Role Helicopter) and its naval version DBMRH (Deck Based Multi-Role Helicopter).

This agreement follows the MoU (Memorandum of Understanding) signed on 08 July 2022. and stipulates the sharing of activities within the joint venture where both parties have agreed on an equivalent repartition. In particular, HAL will take part in the design, development, and production of some of the core engine components, which is a breakthrough achievement in terms of expertise and know-how in the country.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 15 2023 | 1:19 PM IST

Next Story