IAF finalises order for 10 C-17 strategic airliftersMarch 17th, 2011 - 11:09 pm ICT by IANS
New Delhi, Mar 17 (IANS) The Indian Air Force (IAF) is set to place orders for 10 Boeing C-17 Globemaster-III strategic airlifters within this month in a deal valued at $4.1 billion.
Discussions between the IAF and the US Air Force (USAF), as well as the Indian ministry of defence and the US Department of Defence concluded here Feb 15, with Boeing accepting the detailed terms for 30 percent mandatory offsets clause.
The Cabinet Committee on Security (CCS), which is the final authority for major defence and other acquisitions, is likely to approve the deal at its next meeting as funds for the purchase of the C-17s have been approved for the fiscal 2010-11.
Vivek Lall, Boeing’s outgoing vice president in India for defence, space and security, confirmed the agreement on offsets but declined to give any financial details.
Sources in Washington, however, told India Strategic defence magazine (www.indiastrategic.in) that the deal is for $4.1 billion, as indicated by the US administration on the eve of President Barack Obama’s visit to India last November.
The IAF chief, Air Chief Marshal P.V. Naik, had told India Strategic that it would be going in for an additional six C-17s.
There could however be further orders as IAF’s fleet of Soviet vintage heavy strategic lift IL-76 aircraft is already 26 years old. These aircraft are being modernized and would serve the IAF for about 10-15 more years.
By that time, the new generation C-17s would operationally be well-assimilated in the IAF.
India has about 20 IL-76 aircraft and the IAF may eventually go in for about 25 C-17s.
- IAF will induct its C-17 airlifters from 2013 - Oct 10, 2011
- 'India to buy more than 16 C-17 airlifters' - Jun 14, 2011
- India-US begin price negotiations on C-17 airlifter - Jul 11, 2010
- India's first Globemaster airlifter takes shape (With image) - Aug 01, 2012
- Boeing to deliver 199th C-17 aircraft to USAF June-end - Jun 06, 2010
- India clears biggest deal with US for C-17s at $4.1 bn (Second Lead) - Jun 06, 2011
- India seals biggest military deal with US for 10 C-17 airlifters (Lead) - Jun 15, 2011
- India readies to evaluate C-17 airlifter - Jun 24, 2010
- Post-Obama, India may get best of US technologies - Nov 21, 2010
- India seals $4.1 bn deal for 10 C-17 airlifters - Jun 15, 2011
- India set to decide major military aircraft deals - Jun 16, 2011
- Boeing delivers 202nd strategic airlifter to US Air Force - Sep 23, 2010
- India to buy six more C-17 airlifters from US - Aug 04, 2010
- Vivek Lall quits Boeing, to join Indian aerospace company - Mar 17, 2011
- Boeing delivers 200th transport aircraft to US Air Force - Aug 05, 2010
Tags: 17s, air chief marshal, barack obama, boeing c, c 17 globemaster, cabinet committee, ccs, department of defence, financial details, generation c, globemaster iii, iaf india, indian air force, indian ministry, last november, ministry of defence, naik, offsets, us air force, us department of defence