U.S., India to sign $8 bln defence deals: envoy

Discussion in 'Foreign Relations' started by Son of Govinda, Apr 27, 2012.

  1. Son of Govinda

    Son of Govinda Regular Member

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    U.S., India to sign $8 bln defence deals: envoy | Reuters

    (Reuters) - U.S. companies are poised to sign defence deals totalling $8 billion with India, U.S. Ambassador Nancy Powell said on Friday at her first public speech since arriving in New Delhi this month.

    Powell did not specify which companies she was talking about or when the deals would be signed, but embassy officials said she was referring to negotiations that include about a dozen Apache helicopters along with engines for Indian jets.

    "We are poised to sign an additional $8 billion in direct commercial and foreign military sales," Powell said. "As we share more common equipment, our bilateral defence ties will become stronger."

    India is the world's largest arms importer and plans to spend close to about $100 billion over the next 10 years to upgrade its largely Soviet-era equipment.

    U.S. companies including Boeing Co, Lockheed Martin Corp and Raytheon Co are some of the contractors looking to grab a share of India's planned military spending.

    Industrial conglomerate Honeywell International Inc. is offering engines for the Indian Airforce's Jaguar fighter aircraft.

    Powell said improving bilateral trade and investment was her main objective as ambassador, mentioning U.S. concerns about tariff and non-tariff barriers and a new retroactive tax law as obstacles in the relationship.

    (Reporting by Frank Jack Daniel and Manoj Kumar; editing by Malini Menon)
     
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  3. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    This must be compensation for MRCA? No details about what is being bought?
     
  4. pankaj nema

    pankaj nema Senior Member Senior Member

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    Ultra Light Howitzers 155 mm ; Apaches ; Honey well engines for jaguars ; Javelins ATGM s

    These are the top priorities
     
  5. sehwag1830

    sehwag1830 Tihar Jail Banned

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    And what we get in return ?

    Hike in Visa fee
     
    utubekhiladi likes this.
  6. SLASH

    SLASH Senior Member Senior Member

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    We get their weaponry in return.
     
  7. Blackwater

    Blackwater Veteran Member Veteran Member

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    i think 24 Apache are also in this Deal:thumb::thumb:


    [​IMG]
     
  8. Zebra

    Zebra Senior Member Senior Member

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    and Boeing CH-47 Chinook ?
     
  9. utubekhiladi

    utubekhiladi The Preacher Elite Member

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    and all their senators lobbying to ban outsourcing to india
     
  10. SPIEZ

    SPIEZ Senior Member Senior Member

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    X band radars would do a world of good.
     

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