View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 20, 2011

IAF to Order C-17 Strategic Airlifters

The Indian Air Force (IAF) is likely to place orders for ten Boeing C-17 Globemaster-III strategic airlifters this month. The Cabinet Committee on Security (CCS) of India, the final authority for major defence and other acquisitions, could approve the estimated $4.1bn deal at its next mee

By cms admin

The Indian Air Force (IAF) is likely to place orders for ten Boeing C-17 Globemaster-III strategic airlifters this month.

The Cabinet Committee on Security (CCS) of India, the final authority for major defence and other acquisitions, could approve the estimated $4.1bn deal at its next meeting.

Funds for the purchase of the C-17s have already been approved for the 2010-11 fiscal period.

Boeing India’s outgoing vice-president Vivek Lall confirmed that the detailed terms for 30% mandatory offsets clause have been accepted, but declined to disclose financial details.

The IAF fleet of Soviet vintage heavy strategic lift IL-76 aircraft are currently being modernised and will serve for ten to 15 more years.

India has 20 IL-76 aircraft and the IAF may eventually go in for about 25 C-17s, according to the Economic Times.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Airforce Technology