490 million USD deal for 70 aircraft. 2 production lines will be established to deliver all 70 in 3 years.
Approx 7 million USD per plane. It's reasonable cost. Ignore the comment on PC7 MK2 being cheaper. PC7 MK2 was cheaper because it wasn't good enough. Doesn't have zero zero Ejection seats, doesn't have pressurized cockpit, etc. Any modern Turbo Trainer like T6 Texan II , Base variant of Super Tucano , PC-21 comes between 10-12 million USD a piece.
Expect official deal signing in October. HAL spent 85 million USD to design , develop, test and certify HTT40.
Honeywell will work together to secure more market success. Personally hoping IN jumps into the fray too seeing that it used to operate Deepak.