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Sunday, September 22, 2013

Contract for C-130J to be signed during PM's US Visit

C-130J HerculesAt least one defence deal with the US, among half-a-dozen worth nearly `30,000 crore, is likely to be signed at the earliest.

With the Defence Ministry giving its nod and the Cabinet Committee on Security (CCS) likely to give its approval, it is possible that a `4,000-crore government-to-government contract for six C-130J special operations planes may be inked when Prime Minister Manmohan Singh is in New York this month-end. He is scheduled to meet US President Barack Obama there.

Manmohan Singh will be travelling to New York for the United Nations General Assembly, an annual fixture for the Indian PM this time of the year, when there is always a summit meeting with the US President.

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