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Saturday, November 12, 2005

Lockheed Martin eyes new opportunities in Indian arms market

NEW DELHI: Armaments major Lockheed Martin, in the race to supply 126 combat jets to India, is eyeing several other opportunities to sell aircraft and hardware worth bns of dollars to the country's armed forces.

The US firm will bid for an Indian Navy proposal to acquire some 30 submarine hunter helicopters, the Indian Air Force (IAF)'s plan to buy 80 medium-lift helicopters and an Indian Army programme to acquire tactical missiles.

"I'm telling my colleagues in the US that there's a new opportunity here almost every day," Royce Caplinger, managing director of Lockheed Martin, told IANS.

Lockheed Martin is also pitching its C-130J Hercules, one of the most successful military transport aircraft, to the IAF and will be responsible for maintenance and product support if the Indian Navy goes ahead with a plan to acquire used P3C Orion reconnaissance aircraft from the US Navy.

The firm also makes the missiles used in the Patriot Advanced Capability-3 missile defence system that the US has offered to India. The chief of the US Defence Security Cooperation Agency flew to India in September to make a classified presentation on the system to the country's military top brass.

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