BRIEF-HAL Issues Clarification Regarding LCA MK1A Deliveries

Reuters
Feb 05
BRIEF-HAL Issues Clarification Regarding LCA MK1A Deliveries

Feb 5 (Reuters) - Hindustan Aeronautics Ltd HIAE.NS:

  • CLARIFICATION REGARDING LCA MK1A DELIVERIES

  • CONFIRMS FIVE AIRCRAFT READY FOR DELIVERY

  • NINE ADDITIONAL AIRCRAFT AWAITING GE ENGINES FOR DELIVERY

  • RECEIVED FIVE ENGINES FROM GE; SUPPLY POSITION POSITIVE

  • ASSURES MEETING GUIDANCE FOR CURRENT FINANCIAL YEAR

  • ALL DESIGN AND DEVELOPMENT ISSUES IDENTIFIED ARE BEING ADDRESSED IN AN EXPEDITED MANNER

  • IS IN ACTIVE DISCUSSIONS WITH INDIAN AIR FORCE TO DELIVER AIRCRAFT AT EARLIEST

Source text: ID:nBSE6N4XJB

Further company coverage: HIAE.NS

((Reuters.Briefs@thomsonreuters.com;))

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