SHAH ALAM: Tejas faces setback in Malaysia. Reuters is reporting that state owned Hindustan Aeronautics Limited (HAL) chairman as saying that it faced an uphill battle in Malaysia. From Reuters:
BENGALURU, Feb 14 (Reuters) – India’s state-owned Hindustan Aeronautics Limited (HIAE.NS) is in talks with at least four countries to sell its light-combat aircraft, though it faces an uphill battle to win the contract in Malaysia, the company’s top executive said on Tuesday.
Malaysia has shortlisted the Tejas light fighter jet for an order of around 16 planes, and Argentina, Egypt and Botswana have also expressed interest, HAL Chairman and Managing Director C B Ananthakrishnan told reporters at a conference during Aero India, the country’s biggest aviation event.
He said in Malaysia there had been a “slight setback” amid stiff competition with a Korean rival.
“We have not received anything in black and white, but we are hearing that Koreans will get the order,” Ananthakrishnan said. “Notwithstanding that, still we are making out attempts to push through our product.”
As Malaysian Defence posted previously, the Korean Aerospace Industries (KAI) TA/FA-50 light-fighter/trainer is the only aircraft to be forwarded to the Finance Ministry for the endorsement. The contract is only waiting the decision of Prime Minister DS Anwar Ibrahim who is also the Finance Minister. If he green lighted the procurement, the LOI and LOA will go ahead. The million-ringgit question is when.
— Malaysian Defence