Lockheed Martin is closing in on an international deal for F-16 fighter planes, and has offered to eventually build all the jets at a proposed plant in India if it wins a bigger order to supply the Indian Air Force, a top executive said. The US defence giant and Sweden's Saab are in a two horse-race to equip the Indian military with at least 100 single-engine jets that have to be produced locally under Prime Minister Narendra Modi's 'Make-in-India' plan. Randall L. Howard, who leads F-16 business development, said Lockheed is offering to make India the sole ...
Lockheed offers to export F-16 fighter planes from proposed India facility
The government is set to issue a formal request to Lockheed and Saab over the next few days