Lockheed Martin clinches F-16 fighter jet deal with Tata

India Investment Journal July Edition, Flagship Scheme, 2018/2017
Tata Advanced Systems Limited (TASL) has signed an agreement with American aerospace giant Lockheed Martin to join hands to produce the F-16 Block 70 in India.

The F-16 Block 70 is ideally suited to meet the Indian Air Force’s single-engine fighter needs and the US-Indian industry partnership directly supports India’s initiative to develop private aerospace and defence manufacturing capacity in India under the Make in India initiative, the companies said during the Paris Air Show recently.