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Lockheed Martin signs pact with TATA to make F16 planes in India.
Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant.
The agreement is an "intent to partner together to meet India’s Make-in-India requirement through the establishment of an F-16 production line in India," Lockheed Martin's leader of F-16 business development, Phil Howard, said on Monday on the sidelines of the Paris Airshow.
India will also have the chance to export the F-16 that is flown by air forces around the world, the joint statement said. Some 3,200 of these planes are being flown by 26 countries and the model that is being offered to India will be Block 70, the most modern of all the F-16s.
"This unprecedented F-16 production partnership between the world’s largest defense 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," the statement said.
Tata is already building airframe components for the C-130 military transport aircraft.
Airshow: Lockheed signs pact with Tata to make F-16 planes in India | Reuters
Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant.
The agreement is an "intent to partner together to meet India’s Make-in-India requirement through the establishment of an F-16 production line in India," Lockheed Martin's leader of F-16 business development, Phil Howard, said on Monday on the sidelines of the Paris Airshow.
India will also have the chance to export the F-16 that is flown by air forces around the world, the joint statement said. Some 3,200 of these planes are being flown by 26 countries and the model that is being offered to India will be Block 70, the most modern of all the F-16s.
"This unprecedented F-16 production partnership between the world’s largest defense 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," the statement said.
Tata is already building airframe components for the C-130 military transport aircraft.
Airshow: Lockheed signs pact with Tata to make F-16 planes in India | Reuters
