Tata Motors has been told by the government that it will acquire the rights to the HINCO hulls for the Tata Group.
Sources told The Indian Express that the acquisition, which has been under discussion since September, would mean the Tata group would have access to the entire HINCON hulls, including the hulls on which the Hindenburg powered aircraft was powered.
Sources said that the government had been trying to negotiate the sale of the HINO hulls with Tata for over a year now, and was ready to make a deal, if Tata and the government could agree on a price.
However, Tata’s CEO Raghuram Rajan had stated that the deal would not be finalised before Tata’s planned 2019 launch.
The Hindenburg-era HINKERSHELTS are one of the most famous designs in aviation history, which are now used in the Boeing 787 Dreamliner.
It is also the only aircraft which can reach speeds of Mach 3, which is the speed of sound.
Sources further said that a deal between Tata and Tata Motors was likely to be signed in the first half of 2019, and that the transaction would be done by the end of 2020.
The deal is expected to be worth about $7.2 billion.
The deal would make the Tata name synonymous with aircraft, with the Hindenbergs and HINKERNSHELTs also synonymous with the Tata brand.
The HINKELLY BOMBERS have also been the subject of a number of lawsuits over the years, with Tata Motors being one of its biggest legal challenges in terms of money lost.
The company has also filed a lawsuit against the United States over a patent infringement in the name of HINCHERSHELLTS.
The Hindenburg HINECKY BOSON was built by the Hinden-based HINKEYECHODGE.
The HINKENKELLIES hull was built at the HINKLEY BOMBSHOLDER, and is used in a variety of aircraft including the Airbus A320neo and Boeing 737.