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Home -> Finance -> Full Story
HAL bags $ 5 million contract from Rolls-Royce
Thursday, February 6 2003 16:55 Hrs (IST)

Bangalore: Bangalore-based aerospace major Hindustan Aeronautics Limited (HAL) has bagged a $ 5 million export contract from British aerospace company Rolls-Royce.

Under the deal, HAL will export to Rolls-Royce forgings to a value of $ 5 million over the next three years and this could potentially grow to $ 10 million over the next five years, HAL and Rolls-Royce officials said.

HAL chairman N R Mohanty said HAL has already manufactured and would export to Rolls- Royce its first batch of ring forgings, which would be incorporated into Rolls-Royce civil aero engines under manufacture in the United Kingdom (UK) for world-wide operations.

Mohanty said HAL looks forward to enhanced participation in the programmes of Rolls- Royce for supply of parts, components assemblies, repair/overhaul and servicing aero engines and industrial gas turbines.

Rolls-Royce India's managing director Tim Jones said the HAL ring rolled forgings would be incorporated in engines including the Trent 800 which is now on offer to Air India for the Boeing 777.

PTI





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