Expansion▲ Bullish for Indian equities
Lockheed Martin links India manufacturing expansion to $10.5 billion aircraft bid
The brief
- Lockheed Martin plans to expand Indian manufacturing if it wins a $10.5 billion contract
- The bid covers 60 medium transport aircraft; Lockheed Martin has partnered with Tata
- A potential contract could benefit Tata’s defence and manufacturing businesses
- KLM Unveils Game-Changing Airbus A350 as €7 Billion Fleet Renewal Enters New Phase
- Airbus delivered around 72 aircraft in September, sources say
- Jefferies sees 43% upside in HAL as Tejas Mk1A deliveries near
- Boeing wins $20 billion US Navy fighter-jet contract; shares rise about 3%
- Airbus jetliner CEO 'very confident' about 2026 delivery target
Embraer and Mahindra’s C-390 partnership
Embraer partnered with Mahindra for the Indian Air Force’s Multi-Role Transport Aircraft program, proposing its KC-390 Millennium. The companies identified Nagpur for a potential assembly facility supporting manufacturing, supply chains and maintenance, repair and overhaul.
Sunday, 4 October
- Lockheed Martin links India manufacturing expansion to $10.5 billion aircraft bid