Bangalore: Hindustan Aeronautics Limited (HAL) and Argentina's Ministry of Defence on Thursday signed a Letter of Intent (LoI) on productive cooperation and acquisition of Light and Medium Utility Helicopters for its armed forces.

The LoI was signed here by Argentinian Defence Minister Jorge Taiana, and HAL Chairman and Managing Director C B Ananthakrishnan, the Bangalore-headquartered PSU said in a statement.

Ananthakrishnan and other senior company officers briefed the visiting dignitaries on various activities of HAL and a presentation was given on the occasion.

During the day-long program, Taiana and his team viewed the flying display of various HAL products at HAL Airport. The team also paid a visit to TEJAS and Helicopter Divisions and evinced keen interest in HAL products, the statement added.