Lockheed eyes more deals after India-U.S. defence pact

[Coventina]

Source: Reuters

NEW DELHI, July 30 (Reuters) - U.S.-based Lockheed Martin Corp (LMT.N) says it will speed up delivery of six C-130J military planes to India and is negotiating for sale of six more in a deal potentially worth $1.1 billion, a senior official said.

Lockheed, one of the world's largest defence companies, last year sold six C-130J military transport planes for about $1.1 billion, India's biggest arms deal ever with the United States.

"We will start delivering the planes from the first quarter of 2011 and work is speeding at the moment to meet deadlines," Jack Giese, a senior manager at Lockheed Martin, told Reuters on Thursday.

"The current agreement with the Indian Air Force for six C-130J aircraft has an option for another six and we are holding talks at the moment."

Read more: http://www.reuters.com/article/marketsNews/idUSDEL18731920090730

[saigon68]

1. Good thing there are no HUNGRY PEOPLE there

I was worried for a while that people were starving there.

Uts good to see there is enough money to buy this SHIT

[madrchsod]

2. there will be a india-china war sometime in this century.....

looks like the usa will be siding with india