Boeing signs 10-year deal with HAL (the video is loading, may take long. Please bear with us...)

Boeing has signed a 10-year agreement with India's state-run Hindustan Aeronautics Ltd (HAL) for aerospace manufacturing in India, worth more than $1 billion. Under the agreement, Boeing and HAL will explore business opportunities aimed at transferring work packages to India with an initial value of 10-20 million dollars annually, increasing in size and complexity as business opportunities develop.