Meanwhile some more news on the subject.
US looking to bolster Indian defence with Apache helicopters and Javelin missiles
New Delhi: US is looking forward to transferring a number ground breaking defence technology to India as part of its Defence Technology and Trade Initiative (DTTI).
As per the ongoing discussions, Indian Army could soon be equipped with state of the art weapons like Javelin missiles, artillery pieces, unmanned aerial vehicles and attack helicopters.
The deals are under various stages of the process and would include rights to co-produce and co-develop.
The process of DTTI was initiated under UPA regime by former National Security Advisor Shivshankar Menon.
In addition, US would be focussing on transfer of science and technology.
India is one of the biggest arms importers in the world. Questions have been raised over India's inability to indigenously fulfil its defence needs.
Indo-US defence ties gained momentum after former Prime Minister
Manmohan Singh signed the much talked about Civil Nuclear deal with US in 2005. The agreement opened the doors for increased Indo-US Defence Corporation.
In less than a decade, Indo-US joint defence trade increased by billions of dollars from measly USD 100 million in the past.
Nothing better illustrates this than the fact that, at the height of the Khobragade affair, India, far from seeking to impose any costs on America, awarded it yet another mega-contract — a $1.01-billion deal for supply of six additional C-130J military transport aircraft.
In September, Singh signed a commitment to purchase USD 5 billion worth of defence technology from US, during his September visit to the White House.
In the past seven years, Indo-US defence trade has quadrupled from USD 25 billion in 2006 to USD 100 billion in 2013.
Let's take a look at various defence deals under cosnideration-
In the above picture, ships of the United States, India, Japan, Australia, and Singapore in the Bay of Bengal.