HAL signs MoU with Argentina firm for aerospace collaboration
Hindustan TimesState-owned plane maker Hindustan Aeronautics Limited has signed a memorandum of understanding with its Argentine counterpart Fabrica Argentina de Aviones for possible collaboration in the aerospace sector at a time when the Indian firm is in talks with the South American country to export the indigenously-built light combat aircraft amid India’s push to gain a toehold in foreign defence markets, officials aware of the matter said on Wednesday. Argentina has projected a requirement for 15 new fighter aircraft, and HAL believes that the LCA Mk-1A will meet that country’s needs, the officials said. HAL is laying the groundwork for that, and the LCA is a strong contender for a possible fighter jet order from Argentina,” said Air Marshal Anil Chopra, director general, Centre for Air Power Studies. In November 2022, Indian defence firm Kalyani Strategic Systems Limited won an export order worth $155.5 million for supplying artillery guns to a friendly foreign country, the first order won by a local company for the 155mm weapon system.