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Lockheed, Tata Agree To Make F-16s In India If They Win Indian Fighter Contest

By Marc Selinger

Friday, June 23rd, 2017

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Lockheed Martin [LMT] and Tata Advanced Systems Limited (TASL) signed an agreement at the Paris Air Show June 19 formalizing their intent to build the F-16 Block 70 in India if they win that country’s future fighter-jet competition.The partnership between the U.S. and Indian companies is aimed at meeting India’s twin goals of buying about 150 new, single-engine fighters for its air force and boosting the capacity of its own aerospace/defense industry."Our partnership significantly strengthens the F-16 'Make in India' offer, creates and…

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