Lockheed Martin scouts for Indian tie-ups
Published: Tue June 20th, 2006 via: www.dnaindia.com
NEW DELHI: US aviation major Lockheed Martin, in the race to sell 126 F-16 jets to the air force, is in talks with Indian firms like HAL and the Tata group for outsourcing of aircraft components, a company official said on Tuesday.The firm's Advanced Development Programs divisions, which works on research in cutting edge areas like stealth and surveillance technologies, is also keen on forging ties with Indian information technology and research firms, said Lockheed's director of communications Joseph Stout.
"We have had preliminary talks with firms like Hindustan Aeronautics Limited, Tata and Larsen and Toubro and our teams have surveyed their capabilities. We are very encouraged by their capabilities," Stout told PTI here.» Read the full article...
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