US aerospace giant Lockheed Martin recently said it will not sell its newly rolled out F-21 fighter jet to any other country if India places an order for 114 planes, in an offer aimed at pitching itself ahead of its US, European and Russian competitors for the mega-deal.
Lockheed, which has a longstanding relationship of 25 years in India, unveiled the F-21 during the Aero India show in Bengaluru in February, saying it will address the Indian Air Force’s unique requirements.
Indian Air Force issued an RFI (Request for Information) or initial tender to acquire 114 jets at a cost of around USD 18 billion, which is billed as one of the world’s biggest military procurement in recent years.
The top contenders for the deal include Lockheed’s F-21, Boeing’s F/A-18, Dassault Aviation’s Rafale, the Eurofighter Typhoon, Russian aircraft MiG 35 and Saab’s Gripen. Read More