♦ Hindustan Aeronautics Ltd (HAL) and Safran Aircraft Engines of France signed a Memorandum of Understanding (MoU) to develop industrial cooperation in manufacturing ring forgings for commercial aircraft engines. 

♦ The MoU was signed by Mihir Kanti Mishra, CEO (Bangalore Complex), HAL, and Dominique Dupuy, Senior Vice-President (Purchasing), Safran Aircraft Engines, in Bengaluru.

♦ The products that HAL and Safran will jointly produce in Bengaluru will power the Airbus A320 Neo family and the Boeing 737 Max single-aisle airliners.

♦ The joint development and manufacture of aircraft engines by Safran and HAL underscores the strategic cooperation that increasingly characterises the Indo-French security agenda.