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

By Marc Selinger

Monday, June 19th, 2017

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

A U.S. Air Force F-16. Photo: Air Force.

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'…

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