Shares of Hindustan Aeronautics Ltd soared 3% on 10 November after the company announced that it had signed an agreement with General Electric for engine supply and support.

In its regulatory filing, the company said, “HAL has entered into an agreement with General Electric Company, USA, for the supply of 113 F404-GE-IN20 engines and support package for execution of 97 LCA Mk1A programme.”

The contract for 97 LCA Mk 1A was signed in September 2025, with F404-GE-IN20 engine deliveries scheduled from 2027 to 2032.

Furthermore, the company’s board of directors will meet on 12 November to discuss the audited financial results for the quarter and period ended 30 September 2025.

Earlier, on 27 October, the business signed a Memorandum of Understanding with Russia’s Public Joint Stock company United Aircraft Corporation (PJSC-UAC) for the development of the SJ-100 civil commuter aircraft.

Moreover, on 17 October, the company opened the third production line of the light combat aircraft (LCA) Tejas Mk1A and the second production line of the Hindustan Turbo Trainer-40 (HTT-40) at its Nashik factory.

At 12:18 pm, the shares of Hindustan Aeronautics were trading 2.96% higher at Rs 4,763.70 on NSE. 

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