HAL signs long-term contract with Safran for turbine forgings
pre-market1 source ↓written by the desknot a recommendation
HAL has entered a long-term agreement with Safran Aircraft Engines for the production of turbine ring forgings used in the CFM LEAP engine program. This contract will enhance HAL's manufacturing capabilities at its Bengaluru facility, focusing on superalloys critical for engine performance and reliability. The signing occurred at the Farnborough International Airshow, marking a significant collaboration in the aerospace sector.
Not investment advice. For informational purposes only.