Lockheed Martin Offers to Make F16 Fighters in India

Maryland-based Lockheed Martin announced that it can  jointly manufacture its F-16 Block 70 fighter jets with Tata Advanced Systems Limited, India. The agreement was signed on the sidelines of the Paris Air Show 2017 and it will provide India the opportunity to produce, operate and export F-16 Block 70 aircraft, the newest and most advanced version of the combat-proven multi-role fighter.

India proposes to acquire 150 new warplanes for $12 billion, and Lockheed and Tata confirmed to CNNMoney that F-16 production in India will move forward only if Lockheed wins the order.

Highlights of the Deal:

  • Lockheed says, “F-16 production in India supports thousands of Lockheed Martin and F-16 supplier jobs in the U.S.”
  • This partnership supports Prime Minister Narendra Modi’s ‘Make in India’ initiative
  • India stands to become the manufacturing and export base for all F-16s worldwide: 26 countries where 3,200 F-16s are currently flown

CNNMoney quotes a Tata spokesman who said that Lockheed and Tata are also in talks to make F-16 components in India if the air force deal doesn’t materialize.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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