India's defence ministry signs agreement with HAL to procure 70 HTT-40 trainer aircraft for RS 6,800 cr

India's defence ministry on Tuesday signed agreement with Hindustan Aeronautics Limited (HAL) to procure 70 HTT-40 Basic Trainer Aircraft for Rs 6,800 crore.

It has also signed a contract with Larsen & Toubro Limited (L&T) for procurement of three Cadet Training Ships in the presence of Defence Minister Rajnath Singh in New Delhi.

Defence Secretary Giridhar Aramane along with other senior civil & military officials of MoD and representatives of HAL & L&T were present during the signing and exchanging of contracts, stated a press release.

The Union Cabinet had, on March 01, 2023, approved the procurement of 70 HTT-40 trainer aircraft from HAL at a cost of over Rs 6,800 crore, in a major boost to the Government’s efforts to achieve ‘Aatmanirbharta’ in defence.

It had also cleared signing of contract with L&T for acquisition of three Cadet Training Ships from L&T, worth more than Rs 3,100 crore under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)} category.