NEW DELHI — The Indian air force (IAF) has invited eight global aerospace companies to bid for co-producing 56 medium transport aircraft to replace its aging fleet of Hawker Siddeley HS 748s originally built under license by Hindustan Aeronautics Ltd. (HAL). The deal mandates that the first 16 aircraft will be directly procured in flyaway condition from the chosen vendor, which will then have to partner with an Indian company that will manufacture the remaining 40. Out of those 40, 16 ...
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