Lockheed Martin, the defense contractor based in Bethesda, Maryland, has offered to build forty-eight of sixty military transport aircraft in India if it wins a contract that media reports value at $10.5 billion. India's defense ministry issued the tender in August for sixty medium transport aircraft for the Indian Air...
India’s New $11 Billion Airlifter Competition, Lockheed C-130J asked to bid
According to a number of media reports India's Ministry of Defence issued a Request for Proposal (RFP) on August 12 for 60 new military transport aircraft, formally moving the Indian Air Force's Multi-Role Transport Aircraft program out of study phase and into bidding. The contract is valued at $11 billion...
DSCA Highlights Defense Partnership With India
The United States has approved two arms sales to India worth $92.8m , including Javelin anti-tank missiles and Excalibur precision artillery projectiles. This has been in the works for many months. I expect a much larger announcement of weapon purchases by India shortly, given the geopolitical winds. The $45.7 million...
India’s $200 Billion Military Modernization: Balancing China Threat and Self-Sufficiency
India, already the world's largest weapons importer, plans to invest $200 billion over the next decade to transform and modernize its military. In his recent visit to Washington, Indian Prime Minister Narendra Modi signed India up to buy more U.S. defense equipment, including additional heavy armored vehicles, drones and fighter...
India Floats Global Bids for 114 Fighter Aircraft
India is preparing to re-launch a significant military procurement initiative this year, seeking bids for 114 multi-role fighter aircraft. The initiative comes at a crucial time for the Indian Air Force , which has seen its fighter squadrons decline to 31 from the required strength of 42. This reduction is concerning...
Trump, Modi To Double U.S.-India Trade; Weapons, Fuel, Nuclear Reactors Exports
After a four hour meeting between President Donald Trump and Indian Prime Minister Narendra Modi several significant bits of trade news emerged. * The two countries agreed to double bilateral trade to $500 billion by 2020. (This number was first mentioned by a US Vice President in ~2014 in Mumbai...