Asia Times online reports that last week, the Obama administration approved a US$2.1 billion sale to India of eight Boeing Co P-8I maritime patrol aircraft, the biggest US sale to the country to date. This shows that Obama is moving to cement the Indo-US defense relationship.
India's defense modernization plans are estimated to cost over $50 billion in the next few years and will include a mega-fighter jet deal valued at over $11 billion, for which US firms Boeing and Lockheed are bidding alongside several others.
In January 2008, Washington and New Delhi inked what was at the time India's largest US arms purchase: six Lockheed Martin Corp C-130J Super Hercules military transport planes at a price of $1 billion.
India has also been looking at joint efforts with the US to build a ballistic missile defense (BMD) system.
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