scorecardresearch
Saturday, Feb 04, 2023
Advertisement
Premium

Lockheed Martin signs pact with Tatas to make F-16s in India

The Lockheed Martin-TASL F-16 partnering agreement builds on TASL's proven performance manufacturing airframe components for the C-130J airlifter and the S-92 helicopter.

Lockheed Martin, Tatas, F-16, F-16 Block 70 fighter planes, fighter planes, f16 fighter planes, Tata Advanced Systems Limited, india news, indian express news Lockheed and Tata said moving production to India would still retain jobs in the US.

Lockheed Martin and Tata Advanced Systems Limited (TASL) have signed a pact affirming the intent to join hands to produce F-16 Block 70 fighter planes in India. The announcement comes days before Prime Minister Narendra Modi travels to Washington for a meeting with Donald Trump on June 26.

“This 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,” the two companies said.

Lockheed and Tata said moving production to India would still retain jobs in the US. F-16 production in India supports thousands of Lockheed Martin and F-16 supplier jobs in the US, creates new manufacturing jobs in India, and positions Indian industry at the centre of the most extensive fighter aircraft supply ecosystem in the world, the companies said. “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.

“Our partnership significantly strengthens the F-16 ‘Make in India’ offer, creates and maintains numerous new job opportunities in India and the US, and brings the world’s most combat-proven multi-role fighter aircraft to India,” said Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics.

Subscriber Only Stories
In Jharkhand’s tribal villages, an online marketplace for local produce
Moscow’s proposal to RBI: Set up Russian financial firm in India, won’t f...
February 4, 1983, Forty Years Ago: Assam Violence
US Federal Reserve rate hike: Will India follow suit?

The Lockheed Martin-TASL F-16 partnering agreement builds on TASL’s proven performance manufacturing airframe components for the C-130J airlifter and the S-92 helicopter. With more than 4,500 produced and approximately 3,200 operational aircraft worldwide being flown today by 26 countries, the F-16 remains the world’s most successful, combat-proven multi-role fighter ever produced. The F-16 Block 70 is the newest and most technologically advanced F-16 ever offered.

The letter of intent was signed by Sukaran Singh, CMD of TASL and George Standridge, V-P of strategy and business development of Lockheed. Ratan Tata, chairman emeritus, Tata Sons and Orlando Carvalho, Executive V-P, Lockheed, were also present.

First published on: 20-06-2017 at 01:26 IST
Next Story

Germany and France races confirmed on 2018 Formula one calendar

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement
close