×
E-PAPER ▾

E-paper

TOP STORIES

Lockheed Martin, Tata ink deal to make F-16 fighters in India

| | London
Lockheed Martin, Tata ink deal to make F-16 fighters in India

Tata Group and American aerospace giant Lockheed Martin today signed an "unprecedented" deal to jointly produce the combat-proven F-16 fighter jets in India, boosting Prime Minister Narendra Modi's 'Make in India' plan ahead of his first summit with US President Donald Trump.

Under the deal, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs, a campaign pledge of Trump who has vowed to put "America First".

The deal announced on the sidelines of the Paris Airshow between Tata Advanced Systems Limited and Lockheed is ideally suited to meet the Indian Air Force's single-engine fighter needs.

The two companies said this unmatched US-Indian industry partnership directly supports New Delhi's initiative to develop private aerospace and defence manufacturing capacity in the country under the 'Make in India' initiative.

"This agreement builds on the already established joint venture between Lockheed Martin and Tata and underscores the relationship and commitment between the two companies," said N Chandrasekaran, chairman of Tata Sons.

The company said the "unprecedented" F-16 production partnership between the world's largest defence contractor and India's premier industrial house provides India the opportunity to produce, operate and export F-16 Block 70 aircraft, the newest and most advanced version of the world's most successful, combat-proven multi-role fighter. 

 
 
 
 
 

TOP STORIES

Sunday Edition

View All

Quake measuring 3.7 on Richter scale felt in south Gujarat

22 Apr 2018 | PTI | Ahmedabad

A mild tremor measuring 3.7 on the Richter scale was felt in parts of south Gujarat, including Bharuch and Surat districts, though no damage was reported, officials said...

Read More

STATE EDITIONS

View All

CIFA holds meet for tribal students

26 Apr 2018 | PNS | BRAHMAPUR

The ICAR-Central Institute of Freshwater Aquaculture (CIFA) in collaboration with the State Fisheries Department, Ganjam zone, conducted an awareness meet for tribal students entitled "Fish as Healthy Food” at Badapalli Ashram School in Digapahandi block on April 20. More than 350 students from seven nearby schools participated in a meet with their teachers...

Read More

Page generated in 0.4394 seconds.