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Tuesday, April 05, 2011

Boeing expects to close India C-17 deal by mid-2011

C-17 Globemaster IIIBoeing expects to finalise a deal with India for 10 C-17 strategic transports by the middle of 2011, while Delhi could buy additional C-17s and more P-8I maritime patrol aircraft.

"The offsets package relating to the [C-17] deal has already been approved," Boeing Military Aircraft president Chris Chadwick told India's Economic Times newspaper.

"The Indian air force has to go through numerous government gateways before a final seal of approval can be given. Defence deals of this magnitude do take some time to close, and I expect them to take a decision by mid-2011."

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