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 Govt set to ink record $2.2bn arms deal with US

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prashanth09reddy
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PostSubject: Govt set to ink record $2.2bn arms deal with US   Sat Jan 09, 2010 2:49 am

NEW DELHI: The stage is being set for what will be the largest-ever Indo-US defence deal till now. New Delhi has now formally approached Washington for a direct government-to-government deal for acquiring 10 C-17 Globemaster-III giant strategic airlift aircraft, each of which comes for over a whopping $220 million.
This would well supplant the $2.1 billion contract for eight Boeing P-8I long-range maritime reconnaissance aircraft inked last year and the $962 million one for six C-130J `Super Hercules' planes clinched in 2007.
With US aggressively muscling into the lucrative Indian market, often bagging deals under its direct Foreign Military Sales (FMS) programme instead of vying in global tenders, the Europeans are getting increasingly upset.
http://battlemachines.blogspot.com/2010/01/govt-set-to-ink-record-22bn-arms-deal.html
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Govt set to ink record $2.2bn arms deal with US
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