Hindustan Aeronautics Limited (HAL) has revised its contract with the Indian Air Force (IAF) for the production of Light Combat Aircraft (LCA) TEJAS MK-1 Final Operational Clearance (FOC) fighter jets, increasing the deal’s value from ₹5,989.39 crore to ₹6,542.20 crore.
This adjustment, confirmed in a regulatory filing on Thursday, stems from revisions in the delivery schedule of the aircraft.
The original contract, signed on December 23, 2010, aimed to bolster India’s indigenous fighter jet program and establish the TEJAS as a key component of the IAF’s fleet.
