The Aerospace outsourcing wave – US civil and military aerospace industry including including Boeing and Lockheed Martin eager to tap India

More than 86 per cent of US civil and military aerospace contractors including Boeing and Lockheed Martin are planning to form joint ventures with Indian aerospace companies this year, according to a survey.

The survey conducted by the Aerospace Industries Association (AIA), the main lobby group for the US aerospace industry comes just a week after AIA officials completed their first-ever trade mission to India between Dec 3-7, accompanied by executives from 13 US aerospace suppliers and several prime contractors including United Technologies corporation, Boeing, Lockheed Martin, Raytheon and Pratt and Whitney.

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