Boeing's F-18 Fighter Jet Might Be The Surprise Winner In Indian Air Force Competition
Boeing Co, considered the frontrunner in the race to supply the Indian navy with new fighter jets, is now in contention for a much bigger $15 billion order after the government abruptly asked the air force to consider the twin-engine planes.
Until recently, Lockheed Martin Corp’s F-16 and Saab AB’s Gripen were in a two-horse race supply at least 100 single-engine jets to build up the Indian Air Force’s fast-depleting combat fleet.
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Both had offered to build the planes in India in collaboration with local companies as part of Prime Minister Narendra Modi’s drive to build a domestic industrial base and cut back on arms imports.