Context

India and the US have planned for a mega defence deal for jointly manufacturing indigenous jet engines of ‘GE F414 fighter aircraft’.

Background

• President Joe Biden and PM Modi had announced the US-India Initiative on Critical and Emerging Technologies (iCET) in May 2022.
• Objective:
• To elevate and expand bilateral strategic technology partnership and defence industrial cooperation between the governments, businesses, and academic institutions of the two countries.

About the deal:

• The deal is going to be facilitated between the state-run Hindustan Aeronautics Limited’s (HAL) partnerships with American firm General Electric (GE).
• Transfer of Technology (ToT) for jet engines is the main thrust of National Security Advisor (NSA) talks with his American counterpart Jack Sullivan recently.