Insta
F-35 Fighter Jet Maker Lockheed Martin Signs Agreement With State-Owned HAL To Explore Industrial Collaboration
Swarajya Staff
Feb 07, 2021, 10:34 AM | Updated 10:33 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
United States (US) based renowned fighter jet maker Lockheed Martin has signed an agreement with the state-owned Hindustan Aeronautics Limited (HAL) to explore potential industrial collaboration in India's aerospace sector, reports Economic Times.
Talking about the agreement with Bengaluru based aerospace major, JR McDonald who is the vice president of business development at Integrated Fighter Group of Lockheed Martin Aeronautics said, "We are excited to explore potential opportunities with HAL, one of the largest aerospace companies in Asia".
Meanwhile, HAL's chairman and managing director said that HAL is looking forward to working with Lockheed Martin in exploring opportunities in the domestic and international markets.
It should also be noted that McDonald also said, "We are committed to continuing to integrate Indian industry into our aerospace and defence ecosystem and demonstrating Lockheed Martin's commitment to India now and in the decades to come."
Lockheed Martin is one of the key companies which are in the race for the Indian Air Force (IAF)'s multi-billion dollar contract for the supply of 114 fighter jets and has offered its F-21 fighter jet under a 'Make in India' proposition.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.