1 hr ago
Lockheed Martin Eyes Expanded India Production in Aircraft Bid
India is seeking to buy 60 medium transport aircraft.
Lockheed Martin is one company hoping to win the contract.
It says it would make 48 of its proposed aircraft in India and deliver 12 ready to fly.
The company is working with Tata Advanced Systems Limited.
Tata already makes some parts for Lockheed Martin’s C-130J aircraft.
Lockheed Martin says winning could lead to more production work in India.
It has also proposed upgrading the Indian Air Force’s 12 existing C-130Js.
The proposed changes could give the force a common fleet of 72 aircraft.
Lockheed Martin says it plans to expand production capabilities in India if it wins a contract to supply medium transport aircraft.
India issued a tender in August for 60 aircraft, valued at USD 10.5 billion.
Lockheed Martin is partnered with Tata Advanced Systems Limited, which already produces C-130J components and empennages.
The company’s proposal includes 12 aircraft delivered in flyaway condition and 48 manufactured in India.
Lockheed Martin has also proposed upgrading the Indian Air Force’s 12 existing C-130Js to a common advanced configuration.
- Who
- Lockheed Martin and its Indian partner, Tata Advanced Systems Limited, are pursuing the aircraft contract.
- What
- Lockheed Martin says it would expand production in India if it wins the bid to supply medium transport aircraft.
- Where
- India.
- When
- India issued the tender in August; Lockheed Martin’s statement was reported on October 4.
- Why
- Lockheed Martin is seeking to win India’s tender for 60 medium transport aircraft.
Key facts
- Tender
- India issued it in August for 60 medium transport aircraft.
- Tender value
- USD 10.5 billion.
- Lockheed Martin proposal
- 12 aircraft in flyaway condition and 48 manufactured in India.
- Indian partner
- Tata Advanced Systems Limited (TASL).
- Existing IAF fleet
- 12 C-130J aircraft, with more than 58,000 flight hours accumulated.
- Proposed fleet upgrade
- Upgrade the existing 12 C-130Js to the proposed advanced configuration; Lockheed Martin said this could create a common fleet of 72 aircraft.
Quotes
Dan Tenney
Lockheed Martin senior vice president for global business development and strategy.
“We have a long partnership with Tata that produces components and empennages of the C-130J aircraft. It is a very robust capability that will be expanded in our current bid.”
theprint.in
“We are looking to expand that capability with production and other things that occur within India”
theprint.in
CNBC TV 18
Sources
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