China is set to freeze all assets, both movable and immovable, belonging to Lockheed Martin's senior executives, including chairman James Donald Taiclet, and prohibit their entry into the country.
American firm Lockheed Martin on Friday shared the first picture of the MH-60 Romeo multi-role helicopter for the Indian Navy in Indian colours. India has placed orders for 24 of these helicopters under a government to government deal.
Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin, says if F-21 wins the contract, then India will also be integrated into the company's global fighter ecosystem, which is a USD 165 billion dollar market.
Lockheed Martin during the Aero India show in Bengaluru in February unveiled the F-21 multi-role fighter jet for India, to be produced locally.
“Introducing the F-21. The aircraft uniquely positioned to meet the needs of the Indian Air Force,” Lockheed Martin said in a tweet.
“Lockheed Martin is committed to strategic, long-term international defense partnerships with India. India has a pressing need for advanced, scalable defense capabilities,” Vivek Lall, vice president, Aeronautics Strategy and Business Development at Lockheed Martin said.
The US aerospace major has said that it plans to produce the F-16 wings in partnership with Tata Advanced Systems (TASL).
Lockheed Martin has expressed its readiness to shift its F-16 fighter aircraft manufacturing unit to India -- and the US government, according to the manufacturer, will allow it to do that.
Lockheed Martin has been selected to build a new piloted X-plane called the Low-Boom Flight Demonstrator (LBFD).
As India continues to shop around to add new fighter jets into its air force, Lockheed Martin has offered to relocate its entire production line to India.
Many of the systems used on the India-specific platform are derived from key lessons learned and technologies from Lockheed Martin's F-22 and the F-35.
Lockheed Martin is among several companies working on deep space habitats with NASA, which hopes to send the first astronauts to Mars in the 2030s.
Under the deal, Lockheed will shift its Fort Worth, Texas plant to India without directly affecting American jobs, a campaign pledge of Trump who has vowed to put ‘America First’.
Lockheed Martin on Thursday said it is getting all support from the US government for its plan to move the production facility of its F-16 next generation fighters to India. Randall L. Howard, F-16 Business
US-based defence major Lockheed Martin, which was mulling to set up a production unit in India for its F-16 combat jets, has said that President Donald Trump's administration may want to take a "fresh look" at the proposal.
US President-elect Donald Trump’s attack on Monday slamming large defense contractors, including jet manufacturer Lockheed Martin for “out of control” costs, sent the aerospace giant's shares tumbling, wiping out $4bn (Rs 27,000 crore) fr
Lockheed Martin has started ground work on moving its F-16 fighter aircraft production line from the US to India.
In a significant development for India’s defence sector, US defence major Lockheed Martin, which supplies fighter planes to Pakistan, may now produce F-16 jets for India. Sources said that a team from the company will
Lockheed Martin is now expected to offer its latest 5th generation F-35 fighter jets to India after New Delhi conveyed its reluctance to opt for F-16 aircrafts.
In a significant development, US defence major Lockheed Martin has reportedly finalised a deal with Indian government to produce the latest version of F-16 fighter jets in India under PM Modi’s ambitious ‘Make in India’ programme.
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