Monday, July 20, 2009

US and India to solidify their defense relationship

The US and India are expected to reach agreements to solidify their defense relationship soon.
There are possible huge deals to be signed, in particular on the nuclear field where India could give US companies the chance to build nuclear reactors for a value of about $10 billion.
Also, US companies Boeing and Lockheed are in the race to sign deals providing India with military planes: both US defence contractors are in the running to compete for India's plan to buy 126 multi-role fighters, which would be one of the largest arms deals in the world as India takes steps to modernise its largely Russian-made arsenal.

No comments:

Post a Comment