Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

DoD Buzz: Boeing Thinking Big in India

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Veterans Donate to DU
 
unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-29-09 07:54 AM
Original message
DoD Buzz: Boeing Thinking Big in India



Boeing Thinking Big in India
By Manu Sood Monday, December 28th, 2009 8:19 am
Posted in Air, International

Boeing Integrated Defense Systems (IDS), India head, Dr Vivek Lall told Manu Sood, Editor of 8ak, that he expects $31 bil­lion of defense busi­ness in India in the next 10 years. Since it’s com­monly sug­gested in busi­ness cir­cles that India will spend $100 bil­lion on weapons acqui­si­tions in the next 10 years, this seems to be an ambi­tious 30 per­cent mar­ket share. This will also cre­ate a direct off­set lia­bil­ity of roughly about $12 bil­lion (based on 8ak’s assump­tions, includ­ing an aver­age 40 per­cent off­set), which basi­cally means they will have to cre­ate an aero­space and defense indus­try in India with the addi­tional chal­lenge of inte­grat­ing it in to the global sup­ply chain.

Here’s a tran­script of part of the interview:

8ak: How are your var­i­ous air­craft deals progressing?

Dr Lall: Boeing announced the P-​​8i deal in January this year. We have had dis­cus­sions with the IAF to show­case its capa­bil­i­ties and brought it to Aero India as well, we have sub­mit­ted the Apache and Chinooks for the IAF’s heli­copter ten­ders, will respond to the RFI for the Naval Fighters and are con­fi­dent about our Super Hornet offer­ing in the ongo­ing MMRCA tender.

8ak: Since Lockheed Martin was involved in both the 5th Generation projects JSF and Raptor it seems that it has left Boeing behind with no future in this segment?


Rest of article at: http://www.dodbuzz.com/2009/12/28/boeing-thinking-big-in-india/



unhappycamper comment: Sweet. Now we're outsourcing weapons systems. That's gotta end well. :sarcasm:
Refresh | 0 Recommendations Printer Friendly | Permalink | Reply | Top

Home » Discuss » Topic Forums » Veterans Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC