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Report: BAE Close To $560M India Howitzer Sale

India plans to spend $560 million on 145 ultra-light howitzer guns from BAE Systems Inc., the Wall Street Journal reports.

The sale is part of India’s military modernization efforts and would be processed as a foreign military sale, where the transaction is handled directly between the U.S. and Indian governments.

A defense official told the Journal that the company would deliver the howitzers as completely-built guns.

BAE is also reportedly near agreement on an $808 million foreign sale, where Saudi Arabia would purchase up to 30 Hawk aircraft for in-flight training.

That deal could happen within the next few months, the Sunday Times reported.

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