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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World BAE clinches $779m order for Hawk trainer jets AFP - Thursday, July 29 Send IM Story Print BAE clinches $779m order for Hawk trainer jets Slideshow: Full Photo Coverage: Business & Economy NEW DELHI (AFP) - – BAE Systems signed Wednesday a 500-million-pound (779 million dollar) deal to supply 57 Hawk trainer jets to India's military, boosting its presence in the vast Indian defence market. The contract was signed with Hindustan Aeronautics Ltd (HAL) at the state-run defence unit's headquarters in the southern city of Bangalore in the presence of British Prime Minister David Cameron. India had ordered 66 Hawk jets from BAE in 2004 and Wednesday's follow-up deal was the pick of a raft of bilateral trade agreements to be signed during Cameron's visit. The accord for the Hawk Advanced Jet Trainer (AJT) "highlights the importance of BAE Systems' strategic development of India as a home market," said Guy Griffiths, London-based BAE's international group managing director. Rolls-Royce announced separately it had finalised a 200-million-pound contract to supply Adour engines for the aircraft that India plans to use to train its pilots for flying supersonic combat jets. Hindustan Aeronautics and Rolls-Royce, whose engineering cooperation relationship dates back to 1956, will co-produce the engines. "This follow-on order for the Adour engine is a huge vote of confidence," said Chris Awde, Rolls-Royce defence sales and commercial director. The Hawk AJT allows the military to provide pilots for the most modern fighter aircraft such as the Eurofighter Typhoon or Sukhoi SU-30. All 57 aircraft will be assembled locally with Hindustan Aeronautics from raw materials supplied by BAE. The aircraft will be made under licence at HAL's plant in Bangalore and BAE Systems will provide specialist engineering services, the raw materials and equipment for production of the airframe. India is seeking to sharply increase the domestic production content of its military hardware. Indian pilots will use the Hawks to train for the Indian military's Russian fighter planes, along with a planned 126 combat planes that New Delhi aims to purchase abroad. Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 27 minutes ago Boeing profit beats but shares fall on revenue Reuters - 27 minutes ago Panasonic to make Sanyo, other unit wholly-owned-sources Reuters - 28 minutes ago IMF gives ground on yuan exchange rate debate Reuters - 29 minutes ago Ageing tycoon Sulaiman Al-Rajhi starts asset transfer Reuters - 30 minutes ago News Search Top Stories BAE, Rolls-Royce clinch $1.1bn Hawk order in India Boeing second quarter profit down 21% Daniel Craig to star in Millennium Trilogy Maradona dropped as Argentina coach Telefonica to buy Vivo stake from Portugal Telecom More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended World's first full face transplant man appears on TV Oracle's Ellison highest paid CEO of the decade Argentine students crack three-decade-old murder mystery Alcohol eases rheumatoid arthritis: study Ansel Adams garage sale photos worth USD200m More Most Viewed » Parachuting donkey shocks Russian beachgoers World's first full face transplant man appears on TV Paris Hilton caught with cannabis in handbag Quark by quark, atom smasher closing in on 'God particle' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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