Home Business

India to buy 10 C-17 heavy-lift aircraft from US

US defence major Boeing today said India was planning to buy 10 C-17 Globemaster heavy-lift aircraft and the US government has received a "Letter of Request" in this regard. - "The Boeing 787 actually benefits airlines" - If whirled up in Dubai"s crisis, Emirates may set a lower course - AI invites bids for leasing out three Boeing 777 - Air India readies schedule to reduce fleet - Mumbai airport operations to be hit every Tuesday - PM takes wings "Boeing is very pleased that the Indian government has expressed interest in acquiring the C-17 to modernise its airlift capabilities, and we look forward to working closely with them," Boeing Integrated Defense System"s India head Vivek Lall said here. Defence Ministry sources said the request to the US government for the acquisition of C-17 was sent last year. The IAF wants to procure the C-17 with a payload of around 75-80 tonnes, the only aircraft in this category, for augmenting its fleet of Russian IL-76 and An-32 transport aircraft. The aircraft can lift around 200 fully-geared troops and can be used for carrying armoured vehicles, artillery guns and medium-sized helicopters from one place to another. About the capabilities of the aircraft, Lall said the C-17 needs only 3,000 feet runway for take off and a very small crew to operate. In the last three-four years, India has placed orders worth over $3.2 billion for procuring eight P-8I maritime reconnaissance aircraft and six C-130J Super Hercules transport aircraft. The C-17 deal, expected to be worth over $2.5 billion, would be done through Pentagon"s Foreign Military Sales (FMS) route under which inter-governmental deal is signed for arms sales. The C-130Js were also procured through the same route.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Double taxation of computer software yet to be redressed
Budget 2009 contained important proposals in regard to exempting packaged software from customs duty, on importation, and on excise duty, with regard to domestic supplies, to the extent that such software is purportedly chargeable to the service tax. The proposals attempted to redress the problem of potential double taxation that arises in regard to such software. Earlier articles in this column had highlighted the problem of double taxation in relation to several transactions including the service taxation of packaged software post the changes announced in the Budget 2009.
Popular Articles

Kadak hai?
To really understand the power of execution, you need to be in the East Stand of Mumbai’s Wankhede stadium, when India is playing an opponent like Australia in a one day international. Every time Sachin Tendulkar touches the ball, an electric current passes through 60,000 spectators who let out a humungous roar of excitement. It is a zing that almost physically tries to reach out and touch this diminutive teacher’s son. A man who realizes a million dreams as he sends the ball scorching across the ropes.

A perfect brew
The win-win deal between United Breweries and Heineken opens up a window of growth opportunities for the duo.