India, US close to inking over USD 600 mlln jet engine deal

Light Combat Aircraft (LCA), Tejas.

NEW DELHI (PTI): India and the US are close to signing a deal worth over USD 600 million for supplying 99 jet engines that would 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.

Negotiations with the US firm over various issues involved in the deal, including price and transfer of technology, have been held and it is hoped that the deal for these engines to be fitted on the LCA Mark II would be signed soon, Defence sources told PTI here.

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

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