TATA SIGNED PACT WITH LOCKHEED MARTIN FOR MAKING F-16 FIGHTER PLANES IN INDIA :

Ahead of Prime Minister Narendra Modi’s official visit to United States, military manufacturing giant Lockheed Martin has tied up a pact with Tata to produce F16 fighter planes in India.  Lockheed Martin’s F-16 and Saab’s Gripen fighter plane from Sweden are regarded as the front-runners in getting a lucrative, multi-billion dollar contract for 200 to 250 jets for the Indian Air Force.  According to sources, the deal has been signed on the sidelines of the Paris Air Show.  In 2016, the defence ministry requested foreign manufacturers if they were willing to produce a single-engine combat plane in India in collaboration with a local partner, as part of the government’s drive to build a domestic industrial base and reduce imports.  Prime Minister Modi will be on a two-day visit to the US from June 25. The Rediff.com : 19th. June,17

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s