Hello, Guest!
  • Saturday, April 20, 2024

India Plans $2.5B Purchase of Boeing Chinook, Apache Helicopters


BoeingLogoIndia has approved a deal to purchase Boeing-built (NYSE: BA) Chinook and Apache helicopters for approximately \$2.5 billion, Reuters reported Saturday.

Nigam Prusty writes the purchase is part of Prime Minister Narendra Modi’s plan to bolster the nation’s military posture.

The government also agreed on a proposal by the Indian navy to buy 16 multi-role helicopters under a deal in which United Technologies Corp. and European joint venture NHIndustries are bidders, according to the report.

Reuters reports that Defense Secretary Chuck Hagel discussed the Chinook and Apache helicopter deals with Indian officials during  his tour of the country in August.

“It has also been decided that the Indian Industry would be given the responsibility to produce nearly 400 Light Utility Helicopters as per the requirement of the Indian Army and Air Force, ” an Indian government official told Reuters.

Video of the Day

Related Articles

US, Qatar Ink $11B Arms Deal Contract Awards

US, Qatar Ink $11B Arms Deal

The Defense Department will provide a fleet Apache helicopters and defense systems to the government of Qatar under an estimated $11 billion deal signed Monday. Defense Secretary Chuck Hagel and Qatari Defense Minister Hamad bin Ali al-Attiyah inked the agreement for Apache helicopters and Patriot and Javelin systems at the Pentagon,  DoD said Monday. “Today’s signing ceremony underscores the

Pentagon Seeks Industry Support for Health IT Contract Extension Contract Awards

Pentagon Seeks Industry Support for Health IT Contract Extension

The Defense Department is seeking a contractor to perform support work on its electronic medical records management platform through 2018, Nextgov reported Thursday. Bob Brewin writes the solicitation would extend the timeline for DoD’s Armed Forces Health Longitudinal Technology Application and Composite Healthcare System contract vehicle. Science Application International Corp. (NYSE: SAI) is the original

Pentagon Wants Israel to Have Ospreys By 2015 Contract Awards

Pentagon Wants Israel to Have Ospreys By 2015

The Defense Department has prioritized a foreign military sales order from Israel for six Boeing (NYSE: BA) and Bell Helicopter-built V-22 Ospreys ahead of the U.S. Marine Corps, Defense News reported Thursday. Marcus Weisgerber writes Israel’s formal request for modified versions of the tilt-rotor aircraft came this week following Defense Secretary Chuck Hagel’s visit to