notting hill
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By Nikhil Gulati
Of DOW JONES NEWSWIRES
NEW DELHI (Dow Jones)--Boeing Co. (BA) said Monday it has received initial requests for information from India's federal government for supplying six refueling tankers, in what is likely to further expand the U.S. aircraft maker's presence in this burgeoning market for defense equipment.
"We will do a detailed evaluation of the request for interest from the Indian government, study our inventory, and accordingly inform the government," Vivek Lall, vice president and country head of defense and space and security at Boeing India, told reporters.
Lall didn't elaborate on the potential value of the contract.
"We will have to study what we can supply and then only we can talk about the value of the order."
Earlier this month, Boeing said that the U.S. government has received a letter of request from India's defense ministry and the Indian Air Force on the potential acquisition of 10 C-17 Globemaster III advanced airlifters.
India, one of the world's top importers of arms, wants to buy the new airlifters to modernize its fleet of Russian-built AN-32 and IL-76 airlifters.
The country is also in the process of acquiring 126 combat planes for an estimated $10 billion.
Boeing is among six companies, including Lockheed Martin Corp. and Dassault Aviation SA, who are vying for the contract--billed as the biggest fighter jet deal since the 1990s.
Boeing has estimated that it could bid for potential defense deals in India worth about $31 billion between 2009 and 2019.
"This number is going to grow as India tries to protect its borders," said Dinesh Keskar, president of Boeing India. "Our estimates are for segments which we can address such as fighter and attack aircrafts, heavy lift cargo aircrafts, missiles, airborne early warning and training systems."
New Plane Repair Center, 787 Dreamliner Delivery
Boeing Co. will start building a $100 million aircraft maintenance, repair and overhaul center in a joint venture with state-run carrier, Air India, this year, Keskar said.
"We had deferred the construction of the MRO (center) since delivery of the 787 was being deferred," Keskar said. "Now, we are on track to deliver the first 787 Dreamliner to Air India by the second quarter of 2011."
The Dreamliners were originally scheduled to be delivered in late 2009. Air India has ordered 27 of the twin-aisle, long-haul aircraft.
Keskar said the MRO center, being built in the western Indian city of Nagpur, will primarily service Air India's fleet of 787 and 777 planes.
Keskar said Boeing will take about two to two-and-a-half years to build the repair center. "When Air India gets the plane (787), it won't require maintenance for at least two years, so we are talking about 2013 (when the center will be operational)."
UPDATE:Boeing Gets Initial India Request For 6 Refueling Planes - WSJ.com
Of DOW JONES NEWSWIRES
NEW DELHI (Dow Jones)--Boeing Co. (BA) said Monday it has received initial requests for information from India's federal government for supplying six refueling tankers, in what is likely to further expand the U.S. aircraft maker's presence in this burgeoning market for defense equipment.
"We will do a detailed evaluation of the request for interest from the Indian government, study our inventory, and accordingly inform the government," Vivek Lall, vice president and country head of defense and space and security at Boeing India, told reporters.
Lall didn't elaborate on the potential value of the contract.
"We will have to study what we can supply and then only we can talk about the value of the order."
Earlier this month, Boeing said that the U.S. government has received a letter of request from India's defense ministry and the Indian Air Force on the potential acquisition of 10 C-17 Globemaster III advanced airlifters.
India, one of the world's top importers of arms, wants to buy the new airlifters to modernize its fleet of Russian-built AN-32 and IL-76 airlifters.
The country is also in the process of acquiring 126 combat planes for an estimated $10 billion.
Boeing is among six companies, including Lockheed Martin Corp. and Dassault Aviation SA, who are vying for the contract--billed as the biggest fighter jet deal since the 1990s.
Boeing has estimated that it could bid for potential defense deals in India worth about $31 billion between 2009 and 2019.
"This number is going to grow as India tries to protect its borders," said Dinesh Keskar, president of Boeing India. "Our estimates are for segments which we can address such as fighter and attack aircrafts, heavy lift cargo aircrafts, missiles, airborne early warning and training systems."
New Plane Repair Center, 787 Dreamliner Delivery
Boeing Co. will start building a $100 million aircraft maintenance, repair and overhaul center in a joint venture with state-run carrier, Air India, this year, Keskar said.
"We had deferred the construction of the MRO (center) since delivery of the 787 was being deferred," Keskar said. "Now, we are on track to deliver the first 787 Dreamliner to Air India by the second quarter of 2011."
The Dreamliners were originally scheduled to be delivered in late 2009. Air India has ordered 27 of the twin-aisle, long-haul aircraft.
Keskar said the MRO center, being built in the western Indian city of Nagpur, will primarily service Air India's fleet of 787 and 777 planes.
Keskar said Boeing will take about two to two-and-a-half years to build the repair center. "When Air India gets the plane (787), it won't require maintenance for at least two years, so we are talking about 2013 (when the center will be operational)."
UPDATE:Boeing Gets Initial India Request For 6 Refueling Planes - WSJ.com
