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Big buy: Stage set for $2.2bn jet deal with US - India - The Times of India
Moving closer to clinching what will be the largest-ever Indo-American defence deal till now, the US Congress has now been notified about the impending sale of 10 C-17 Globemaster-III giant strategic airlift aircraft to India
.
US Defence Security Cooperation Agency notified its Congress last week about the possible Globemaster sale, which is "an important step forward" under the American Foreign Military Sales (FMS) programme in a direct government-to-government deal.
Though the exact contract cost is yet to be worked out, each C-17 aircraft manufactured by Boeing comes for around $220 million, adding up to a total of $2.2 billion, as reported by TOI earlier. With the associated equipment, it could go upto $3 billion.
In fact, if India exercises all the available options of equipment, spares, support, training and services for the C-17s, the deal could be worth a whopping $5.8 billion, says the notification.
Either way, it will overtake the $2.1 billion contract for eight Boeing P-8I long-range maritime reconnaissance aircraft inked last year and the $962 million one for six C-130J 'Super Hercules' planes clinched in 2007.
"The sale of C-17s strengthens the growing partnership between two countries, and demonstrates our enduring commitment to sharing the world's best technology with India," said US ambassador Timothy J Roemer.
Moving closer to clinching what will be the largest-ever Indo-American defence deal till now, the US Congress has now been notified about the impending sale of 10 C-17 Globemaster-III giant strategic airlift aircraft to India
.
US Defence Security Cooperation Agency notified its Congress last week about the possible Globemaster sale, which is "an important step forward" under the American Foreign Military Sales (FMS) programme in a direct government-to-government deal.
Though the exact contract cost is yet to be worked out, each C-17 aircraft manufactured by Boeing comes for around $220 million, adding up to a total of $2.2 billion, as reported by TOI earlier. With the associated equipment, it could go upto $3 billion.
In fact, if India exercises all the available options of equipment, spares, support, training and services for the C-17s, the deal could be worth a whopping $5.8 billion, says the notification.
Either way, it will overtake the $2.1 billion contract for eight Boeing P-8I long-range maritime reconnaissance aircraft inked last year and the $962 million one for six C-130J 'Super Hercules' planes clinched in 2007.
"The sale of C-17s strengthens the growing partnership between two countries, and demonstrates our enduring commitment to sharing the world's best technology with India," said US ambassador Timothy J Roemer.