India To Get 10 C-17 Globemaster III Heavy Airlift Aircrafts

A deal is one step away from being closed to purchase a total of 10 C-17 Globemaster-III aircraft units from Boeing of the US. After earlier protestation, the money spent for the acquisition has been approved by the finance ministry. 

Sources revealed that the only formal thing left to be done is the Cabinet committee’s approval, which is expected to follow soon. After this, the deal for the 10 strategic heavy airlift aircraft units will be forwarded to the FMS (Foreign Military Sale). The FMS is a government-to-government system that revolves around military equipment.

The price of the C-17 Globemaster-III aircraft units have been the cause for a lot of rumors concerning the government. The president of Boeing Military Aircraft, Chris Chadwick, dismissed these rumors however, saying that there are no problems with the price related to the C-17 Globemasters, and there’s has been no indication whatsoever from the government that the $5.8-billion sale of 10 of those units are going to be put to the Indian Air Force. He told this to the FE on a recent visit to Delhi, also saying that he thinks that their offer is very fair, and is also mandatorily needed to meet certain requirements concerning the airplane’s capabilities and life-cycle costs. “We are pretty close to signing the contract”, he also said.

India Rade For 5.8-billion Dollar C-17 Globemaster Deal

The deal to buy 10 C-17 Globemaster-III aircraft from Boeing of the US is a step closer to being clinched. The finance ministry, after initial objections, has sanctioned the money for the acquisition.

According to sources, after this development, the only formality left is the approval by the Cabinet committee on security, which is expected soon. 

Indian Biggest Deal Of C-17 Globemaster III Heavy Transport Aircraft With US On Hold

Indian Purchase of  C-17 Globemaster III heavy transport aircraft for the Indian Air Force (IAF), the Ministry of Defence has asked Washington to come clean and disclose the comparative prices at which the aircraft has been sold to other nations.

The last-minute hiccup has come after the ministry received several representations contending that the price being quoted to India for 10 heavy lift aircraft was inordinately high.

While the contract is in the final stage — commercial negotiations with manufacturer Boeing have been concluded —the ministry has sought a clarification from the US on the price of the aircraft, which is being purchased by the Foreign Military Sales (FMS) route.

FMS is the US Department of Defense’s government-to-government method of selling US defence equipment, services and training.

“We have to ensure that we are getting the aircraft at the right price. The ministry has written to the US government for the price at which the aircraft has been sold to other countries. This has been done to get a fair assessment of the deal and put all speculation at rest,” a Defence Ministry official said.