One of the World's largest fighter jets deal worth $18 billion near Pakistan borders
ISLAMABAD - US aerospace giant Lockheed Martin says 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.
Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin, says if F-21 wins the contract, then India will be integrated into the company’s global fighter ecosystem, which is a USD 165 billion dollar market, Press Trust of India has reported.
In an interview to PTI, Lall said the new combat jet is designed to operate across over 60 air force stations in India, and its key aspects include superior engine matrix, electronic warfare system and weapons carrying capacity.
“We will not sell this platform and the configuration to anyone in the world. It is a significant commitment by Lockheed Martin and it shows importance of India and importance of unique requirement India has,” he said.
Last month, the 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. Official sources said the IAF is pushing for finalising the mega deal in the wake of the Balakot strikes and evolving security scenario in the region.
Lall said if Lockheed wins the contract, it will not only set up a state-of-the-art F-21 manufacturing facility along with the Tata Group, but will also help India create an ecosystem for overall growth of the country’s defence manufacturing.