Wednesday, June 15, 2011

DTN News - INDIA DEFENSE NEWS: Boeing to Build 10 C-17 Airlifters For Indian Air Force....NSI News Source Info # 2086

DTN News - INDIA DEFENSE NEWS: Boeing to Build 10 C-17 Airlifters For Indian Air Force....NSI News Source Info # 2086

(NSI News Source Info) LONG BEACH, Calif., - June 15, 2011: Boeing [NYSE: BA] today announced that India’s Ministry of Defence has signed an agreement with the U.S. government to acquire 10 Boeing C-17 Globemaster III airlifters. The Foreign Military Sale -- approved by the U.S. Congress in May 2010 -- establishes India as the C-17's largest international customer.

According to the agreement, India will take delivery of its C-17s in 2013 and 2014.

"The C-17 will elevate India's leadership in the region," said Dinesh Keskar, president, Boeing India. "With its tactical and strategic capabilities, the C-17 fulfills India's needs for military and humanitarian airlift. The important transaction reaffirms our close relationship of several decades with India and also highlights our commitment to the strategic partnership between the two countries."

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