Shares of defence major Hindustan Aeronautics (HAL) gained 2.73% to Rs 4,895.70 on the NSE on Friday after US defence giant GE Aerospace said it had delivered three F404-IN20 engines to the Indian PSU in August for the Light Combat Aircraft (LCA) Tejas programme.
“GE Aerospace shipped three F404-IN20 engines to HAL in August 2026. We are proud to partner with Hindustan Aeronautics Limited (HAL) and the Indian Air Force to power India’s indigenous fighter jets,” the company said in a statement. The deliveries come as HAL continues to receive the engines after prolonged delays caused by supply constraints.