India wants 110 fighter jets; Boeing sees a 2 yr wait before deal is done
The tender for 110 combat aircraft mandates building at least 85% of
the order locally
Current Affairs News:
It could be
another two years before India picks the winner of the world’s biggest combat
aircraft order, according to a senior Boeing Co. executive.
Boeing is well placed in the race
to supply the Indian Air Force with 110 fighter jets, Gene Cunningham, Boeing
vice president of global defense sales, told Bloomberg News on Sunday on the
sidelines of a security forum in Singapore. The company is a finalist in a
separate competition to supply the Indian navy with 57 fighter jets.
“We have gotten to know Indian
industry, understand the Indian process,” Cunningham said.
The tender for 110 combat
aircraft mandates building at least 85 per cent of the order locally. The deal
is likely to be at least $15 billion.
Boeing said in April that it
would partner with state-run Hindustan Aeronautics Ltd. and Mahindra Defense
Systems Ltd. to manufacture the F/A-18 Super Hornet in India at a new facility,
which can also be used for other requirements. Other companies in the running
include Lockheed Martin Corp., Saab AB and BAE Systems Plc.
“We’ll throw our hat into the
ring,” Alan Garwood, BAE’s director for group business development, said in an
interview on Sunday. “We’ve seen the requirement and we’ve said we’ll put some
sort of tender in.”
The British defense and aerospace
company makes the twin-engine Euro fighter Typhoon jet.
Garwood said BAE had been making
aircraft in India for 70 years, a key advantage given Prime Minister Narendra
Modi’s requirement that the new jets be made in India.
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