Indian C-17 Deal Seen As Near
LONDON — India may conclude its purchase agreement for Boeing C-17s early next month.
The contract is likely to be finalized during President Barack Obama’s visit to India, due to begin on Nov. 4, industry executives say. India is in talks with the U.S. government to purchase 10 airlifters at a cost of up to $5.8 billion, which includes training, ground equipment and other items.
The Obama visit will be accompanied by a series of meetings on defense industrial issues. Boeing and Lockheed Martin also are involved in the 126-aircraft Medium Multi-Role Combat Aircraft (MMRCA) competition and other deals. Boeing, for example, hopes to sell AH-64D Apaches.
Meanwhile, calls for greater U.S.-Indian cooperation are increasing in both countries.
A report by the Center for a New American Security, a Washington-based think tank, makes the case for the U.S. and India to expand their ties.
“This will require policy changes by both the United States and India,” the report states. “Many of these changes will be difficult, and some differences may endure. But the potential gain is worth the effort. Now is a critical time in this partnership, a moment to transform past bilateral accomplishments into regional and global successes.”