Lockheed Martin to supply six additional C130J Hercules transport aircraft to India

After accepting the first six American transport aircraft from Lockheed Martin, the Indian Air Force’s  request for the next six, worth another $1 billion. has now been confirmed.

The Indian Air Force  has decided to deploy the additional six aircraft at its base in Panagarh in West Bengal to take care of the requirements of formations deployed in the northeast of India and in the Andaman and Nicobar Islands (located in the southern Bay Of Bengal) . The aircraft will also be used by  Special Forces to carry out operations or rapid deployment.

Hercules Aircraft destined for India at Lockheed hangar

C130J painted with Indian Air Force colors ready for delivery

Lockheed Martin’s India head Roger Rose said, “The C-130Js, which were delivered ahead of schedule and within budget, have performed well forIAF. We look forward to continuing our disciplined  performance by supporting the first six and any additional aircraft the Government of India may order.” The new sale as well as the first order will be delivered via the U.S. government as Foreign Military Sales (FMS) rather than direct commercial sales.  This means that Lockheed sells to the US government which transfer the product to the Indian government and receives payment for the product.

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Posted on by Gunjan
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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