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Lockheed Martin eyes bigger India footprint with $10.5bn military aircraft bid

Lockheed Martin plans to enhance its manufacturing capabilities in India if selected for the medium transport aircraft contract. The company already collaborates with Tata Advanced Systems for C-130J component production in India. The Indian Air Force seeks 60 medium transport aircraft to modernize its fleet due to aging aircraft. Competitors in this bid include Tata, Mahindra, and Adani Defence,…

Lockheed Martin eyes bigger India footprint with $10.5bn military aircraft bid

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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Syria 'pressing on accelerator' to attract US investors

US investors see an opportunity to invest early in Syria as the transitional government races to establish a pro-business environment and attract foreign capital. “We see that the door is open, and we're coming early,” Steve Lutes, vice president of Middle East Affairs at the US Chamber of Commerce, said in an interview.

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