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 India Would Spend More Than $1 Billion On C-130J Aircraft

The Defense Security Cooperation Agency (DSCA) notified Congress Oct. 26 of a possible Foreign Military Sale to India for six Lockheed Martin [LMT] C-130J aircraft and associated equipment, parts, training and logistical support for an estimated cost of $1.2 billion. The prime contractors will be Lockheed Martin and Rolls-Royce. Offset agreements are expected to be associated with the proposed sale, but specifics are undetermined and would be defined in negotiations between the purchaser and the contractors. India requests the six…

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