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Lockheed Martin And United Technologies Corporation Are In The Race For $8B Indian Navy Helicopter T

Discussion in 'Indian Defence Industry' started by layman, Mar 22, 2014.

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  1. layman

    layman Aurignacian STAR MEMBER

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    The Indian Navy is planning to buy 120+ multi-role helicopters in a tender worth $8B. The Navy already asked helicopter manufacturers for details. Lockheed-Martin (LMT) and United Technologies Corporation (UTX) stand a good chance with the MH-60R Seahawk. Conditions required in the deal are possibly technology transfer and probably local assembly or co-manufacturing.

    In this decade, the Indian armed forces are going to acquire more than 1000 new helicopters to replace aging helicopters in their inventories. India wants to rely less on Russian equipment, which offers opportunities for aerospace manufacturers from the US and Europe.

    This huge renewal operation is one of the largest in this decade. Boeing (BA) is in the final stages of selling India H-47 Chinook and AH64 Apache helicopters as part of this renewal process.

    The Indian Navy requires a anti-submarine warfare, anti-surface warfare and special forces operations capable multi-role helicopter. The Lockheed-Sikorsky – as Lockheed calls it - MH-60R Seahawk is the likely candidate that will be offered, considering the requirements. Sikorsky is the helicopter division of United Technologies Corporation.

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