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Home Investment

F-16 to fly on Tata wings

Fiinews by Fiinews
September 5, 2018
in Investment, Manufacturing, Technology
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High-flying Indian tech expertise

 

Lockheed Martin plant.

 

Tata Advanced Systems (TASL) and Lockheed Martin Corp [NYSE: LMT] have agreed to commence production of F-16 wings in India for export, strengthening the ‘Make in India’ initiative.

This strategic initiative positions TASL to become the provider of wings for all future customers and strengthens its role in the F-16 global supply chain.

Production of F-16 wings in India will further strengthen TASL’s capability to address global aerospace requirement of fighter aircrafts, said a Tata statement.

The planned F-16 wing production move to India is not contingent on the Indian Government selecting the F-16 for the Indian Air Force.

Sukaran Singh, chief executive officer and managing director, TASL, said: “This positions TASL as a global provider of F-16 wings in future. TASL and Lockheed Martin, through a long-standing joint-venture, have been manufacturing airframe components of the C-130J aircraft and S-92 Sikorsky helicopter at the Hyderabad facility.

“This development now again gives us an excellent opportunity to showcase our technological expertise and advance our capability development, as we reinforce our commitment to both the Indian and global aerospace industry.

“The production of the F-16 wings in India, for global application, is set to place the country at the centre of the world’s largest fighter aircraft ecosystem and make it a preferred destination for aerospace manufacturing,” said Singh. fiinews.com

Tags: F-16Lockheed Martin CorpMake In IndiaTata Advanced Systems
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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