Ahead of US President Donald Trump’s maiden go to to India, the 2 international locations are eyeing to finalize a raft of mega protection offers together with procurement of a batch of army helicopters by Indian Navy from American protection main Lockheed Martin at a value of USD 2.6 billion.
Official sources stated talks had been underway to wrap up negotiations on procurement of a missile protection system by India from the US for USD 1.86 billion.
As India prepares to obtain Trump and First Lady Melania Trump, US protection main Boeing indicated that it was contemplating to supply its F-15EX Eagle fighter jets to Indian Air Force.
The firm has already sought a license from the US authorities for its doable export to India, eyeing a USD 18 billion contract by the IAF to obtain 114 fighter jets.
Government and trade sources stated the 2 sides are prone to finalize the USD 2.6 billion deal beneath which the US will provide 24 multi-role MH-60R Seahawk maritime helicopters to India.
The Cabinet Committee on Security is prone to clear it within the subsequent few days.
“We are attempting to close the deal soon,” stated a supply.
The US accredited the sale of the Seahawk helicopters to India in April final yr. The helicopters are anticipated to spice up the Indian Navy’s anti-surface and anti-submarine warfare operations.
The chopper is designed to seek out submarines. The fleet would exchange growing older British-made Sea King helicopters.
Ahead of Trump’s go to, the US accredited the sale of an Integrated Air Defence Weapon System to India (IADWS) at an estimated price of USD 1.9 billion.
The Trump Administration notified the US Congress of its choice to provide IADWS to India.
Officials stated the 2 sides might finalize the deal through the US president’s go to to India.
Defense and safety ties between India and the US have been on an upswing within the final six years. The bilateral protection commerce touched USD 18 billion marks in 2019, reflecting rising protection cooperation between the 2 sides.
There has been indication that two sides might announce additional deepening of protection ties throughout Trump’s go to on February 24 and 25.
Both sides have additionally been pushing for joint ventures and collaboration between non-public sectors of the 2 international locations in protection manufacturing.
In June 2016, the US had designated India a “Major Defence Partner,” meaning to elevate protection commerce and expertise sharing with India to a degree commensurate with that of its closest allies and companions.