BAE, Rolls-Royce Win $1.1 Billion India Hawk Order
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BAE Systems Plc and Rolls-Royce Group Plc signed an agreement valued at about 700 million pounds ($1.1 billion) to supply Hawk pilot-trainer aircraft to India, U.K. Prime Minister David Cameron’s office said.
The deal for 57 aircraft was signed with Hindustan Aeronautics Ltd. at the company’s headquarters in Bangalore, southern India, which Cameron visited today. The order is valued at more than 500 million pounds for BAE and as much as 200 million pounds for Rolls-Royce, Cameron’s office said in an e-mailed statement.