Archive for the ‘Lockheed Martin’ Category

India’s richest military deal set to take off

February 12, 2007

India’s biggest air show has set the clock ticking for the subcontinent’s richest military contract: an order for 126 fighter planes potentially worth $9 billion.

Five contenders scrambled to press their case at the event ending Sunday, showing off the capabilities of their machines and enlisting the support of their governments before India formally invites bids for the deal.

US giants Lockheed Martin and Boeing are in the race with the Russian Aircraft Corp, France’s Dassault Aviation, Sweden’s Saab and the Eurofighter consortium. Each wants to clinch what a Boeing official said would be the world’s biggest fighter plane contract in 15 years. This is the first time India will buy combat aircraft after evaluating rival bids through a global tender.

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Lockheed ties up with FICCI to help Indian technology firms

February 7, 2007

The sale of F-16 fighter aircraft to Pakistan was a “government to government deal” and the fighter that can meet optimum needs of Indian Air Force is currently used by the air forces of 14 other countries, Robert H. Trice, Senior Vice President (Business Development) of U.S. aviation technology major Lockheed Martin said here on Tuesday.

He was speaking to reporters after announcing the India innovation growth programme to develop export opportunities for Indian technology organisations, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI). The US Federal Government is among Lockheed’s largest clients.

Both the F 16 and the transport aircraft C-130J are being displayed at Aero India 2007. Among Lockheed Martin products that could eventually be ordered by the Indian government are expected to be the F-16 multirole fighter, the C-130J transporter, the P-3 marine patrol aircraft, the MH-60 helicopter and the PAC-3 air and missile systems , the company anticipates.

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Selling F-16s the Lockheed Martin way!

February 7, 2007

The US has cleared the ground for Lockheed Martin to bid for the Indian Air Force’s requirement for 126 multi-role combat aircraft (MRCA) and for which the Request for Proposals (RFP) are to be issued shortly. The US aircraft maker currently manufactures two versions of F-16s. While Block 50-52 is being supplied to the US and European air forces, the Block 60 has been developed exclusively for the United Arab Emirates.

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Lockheed draws plan to take Indian tech global

February 7, 2007

Aviation major Lockheed Martin hopes to expand its footprints in India. The firm counts India among its top priority along with West Asia and Nato. The firm will display its products at Aero India.

The products on display will be the F-16 multi-role fighter, C-130J transport aircraft, the P-3 maritime patrol aircraft, MH-60R helicopter, PAC-3 air and missile defence systems, among others.

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High-flyer Ratan Tata hits F-16 circuit

February 7, 2007

Aviation buff and Tata group chairman Ratan Tata will fly in an F-16 fighter jet at the Aero India show in Bangalore on Thursday. Mr Tata is among the few corporate chieftains in a list of primary defence and IAF officials, who will check out the multi-role fighter plane at the show.

The move to get Mr Tata to fly on the plane is being seen as a coup for the Maryland-based Lockheed Martin, especially after Mr Tata’s recent success with the Corus takeover.

The 69-year-old Mr Tata, a keen flier who pilots his own fleet of corporate jets that includes the Falcon 2000, has already undergone a fitness test for the flight, sources said.

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

January 6, 2007

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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Lockheed To Expand Overseas Missile Defense Business

January 6, 2007

Defense contractor Lockheed Martin Corporation says it expects to expand its ballistic missile defense business overseas in the next few years because of growing missile threats from North Korea and other hostile states.

Lockheed officials say countries including South Korea and Taiwan are interested in buying the latest version of the Patriot missile that could be used to shoot down incoming ballistic missiles.

The Bethesda-based company says India and some countries in the Middle East may also eventually buy the program.

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HAL eyes tie-ups with global majors

December 28, 2006

Hindustan Aeronautics Ltd is embarking on new partnerships with global aviation majors for military and civil projects with an eye on trebling the turnover to $3 billion by 2011, according to its Chairman, Mr Ashok K. Baweja.

The defence PSU expects to cross the Rs 7,000-cr mark this year. For 2005-06, it posted a turnover of Rs 5,375 crore at a growth rate of over 18%.

Currently, the aircraft major is the object of interest of many global aircraft and aero engine majors such as Lockheed Martin, Boeing, Airbus, Bell, Eurocopter, Pratt & Whitney, for sourcing and manufacturing tie-ups, Mr Baweja told a news conference on Wednesday.

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India may acquire Six Lockheed Martin C-130J Cargo Planes

December 17, 2006

India has sought information on buying what would be its first U.S. military aircraft, six Lockheed Martin C-130J “Super Hercules” cargo planes, U.S. Air Force officials and others said Friday.

A request for details of a possible purchase from the Indian defense ministry was delivered to the U.S. embassy in New Delhi, which forwarded it to the Air Force’s office of international affairs, said Dewey Mitchell, an Air Force spokesman.

“Consideration begins upon receipt of the request,” he said in a written reply to queries from Reuters.

Two other people familiar with the matter said India had asked about buying six C-130Js in a letter received by U.S. officials Thursday.

The four-engine turboprop C-130, built by Bethesda, Maryland-based Lockheed Martin Corp., is the U.S. Air Force’s workhorse cargo and personnel transport aircraft. The “J” is its latest model.

Lockheed Martin referred queries about the matter to U.S. officials. The State Department had no immediate comment.

The Indian request for information about a C-130J sale came days after a trade mission to India by the Aerospace Industries Association, which represents top U.S. defense contractors among others.

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India to issue maritime shortlist

December 12, 2006

The Indian navy is poised to announce the shortlist for its maritime reconnaissance aircraft contest “any day now”, says Boeing, which is offering a P-8I variant of its 737-based P-8A Multi-mission Maritime Aircraft now in development for the US Navy.

Other types in contention for the eight-aircraft programme include a special mission version of the Airbus A319/A320 from EADS, a package based on Dassault’s Falcon 900 business jet also backed by Israel Aerospace Industries, an improved version of the Ilyushin Il-38 and a refurbished P-3 Orion promoted by Lockheed Martin.

Boeing has urged the Indian government to broaden the rules of its offset policy related to the deal to allow companies to look across the nation’s aviation business, including both its defence and commercial aircraft activities. “The policy should be opened to the entire aerospace segment,” said Integrated Defense Systems president Jim Albaugh during a visit to India last week. “If done right, offsets will introduce more complex technology and processes that India doesn’t currently enjoy.”

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