Home»World» Boeing To Sign Indian Defence Deal Worth $1.4billion

Boeing to sign Indian defence deal worth $1.4billion

  • dailybhaskar
  • Aug 23, 2012, 13:51 PM IST
Boeing to sign Indian defence deal worth $1.4billion, world news in English

world news in English

In what seems like a giant of a deal with the Indian defence ministry, The Boeing US team has signed deals worth $1.4billion to supply 22 Apache AH-64D attack helicopters, which will surpass the deal signed with the Russians where by Mi-28N helicopters were purchased. As per a testimonial by the Indian defence spokesperson,“It’s just a matter of time before the contract is inked for the Apaches after final commercial negotiations. Most of the hurdles have been cleared,” which in turn, spells the advanced stange of the deal to strengthen India's defense equipment.

Defense experts feel that, selecting the Apache AH-64D will give India the advantage of recieving the sophisticated anti-tank guided missiles for the first time. This high value deal will include the advanced AN/APG-78 fire control radars for the Apaches, and also the Hellfire anti-tank and 245 Stinger anti-aircraft missiles. But this is in direct competition to what India has been acquiring from the Russians, for whom Indians are one of the largest clients. Apart from the Mi-28N helicopters, high profile purchases include $4.1 billion contract for 10 Boeing C-17 Globemaster-III strategic airlifters, $2.1 billion for eight P-8I Poseidon maritime patrol aircraft and $962 million for six C-130J transport aircraft.

This makes it amply clear, that India is now becoming an important battle ground for these defence aircraft makers, who just might be on the lookout to outdo each other in volumnous deals with the country. Hopefully, Indian parliament ought to be woken up and perhaps given a true picture of where it needs to actually invest in order to make the nation stronger one, primarily in the economic and social sectors. 


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