Having supported startups in India for more than a decade, many of which were led by women, Maryland-based Lockheed Martin plans to invest in technology startups, with a special focus on women-founded ones, says its deputy executive vice president Lorraine M. Martin. Martin recounted initiatives to encourage women to join...
WeddingWire Starts Operations in India
WeddingWire Inc., the Chevy Chase, Maryland-based online marketplace for the wedding industry opened its headquarters in a leased space in Gurgaon, approximately 20 miles southwest of Delhi. Proximity to Delhi played a role in WeddingWire's decision to base its headquarters in Gurgaon, reports Bizjournals. "Delhi is the biggest market in...
India, U.S., to Accelerate Cooperation in the Energy Sector
In the wake of President Trump's and Indian Prime Minister Modi's meeting, the White House released a statement that said, "The United States and India are committed to realizing commercial civil nuclear cooperation, in particular through a contract for six Westinghouse Electric AP-1000 nuclear reactors to be built in Andhra...
Lockheed Martin Offers to Make F16 Fighters in India
Maryland-based Lockheed Martin announced that it can jointly manufacture its F-16 Block 70 fighter jets with Tata Advanced Systems Limited, India. The agreement was signed on the sidelines of the Paris Air Show 2017 and it will provide India the opportunity to produce, operate and export F-16 Block 70 aircraft,...
CPPIB to Form JV with India's IndoSpace Realty
Canada Pension Plan Investment Board (CPPIB) plans to invest up to $1.2 billion in a joint venture with Mumbai-based IndoSpace, an industrial real estate-focused investment firm jointly owned by private equity investor Everstone Capital and Maryland-based Realterm Global. Key Highlights: Canada Pension Plan Investment Board and IndoSpace form IndoSpace Core,...
Lockheed, Northrop JV to Supply Fire Control Radar Systems to India
Longbow LLC, a joint venture of Lockheed Martin, headquartered in Maryland, and Virginia-based Northrop Grumman, will supply fire control radar (FCR) systems with advanced air and ground targeting capabilities for India’s AH-64E Apache attack helicopters, making India its 11th international customer, reports DefenseNews. Under this contract, $57.1 million is obligated...