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DoD Supports Boeing, Lockheed Plans to Found F-18, F-16 Manufacturing Lines in India

F16FleetTYSONS CORNER, VA, Sept. 8, 2016 —The Defense Department voiced support for Lockheed Martin‘s (NYSE: LMT) and Boeing‘s (NYSE: BA) plans to establish manufacturing for their F-16 and F-18 fighter jets in India under the Make in India project, ExecutiveBiz reported Tuesday.

The companies will lead technology transfers and build F-16 and F-18 aircraft platform production lines in the country once the proposals have been approved, Hindustan Times reported Monday.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company.  Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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