Boeing to Start Delivering Military Helicopters to India in 2018
September 29 2015 - 10:49AM
Dow Jones News
By Santanu Choudhury
NEW DELHI-- Boeing Co. plans to start delivering military
helicopters to India in 2018, two people familiar with the deal
said.
After years of delay, India's cabinet last week gave its final
approval to buy 37 helicopters from the Chicago-based defense and
aeronautics company. The $3 billion deal will be completed by the
middle of 2020, one of the people, who didn't wish to be named,
said Tuesday.
After getting final approval, India's Defense Ministry signed
contracts Monday to buy 15 CH-47F Chinook heavy-lift helicopters
and 22 AH-64E Apache multirole combat helicopters, according to the
ministry and Boeing. The deals include options to buy an additional
seven Chinook and 11 Apache helicopters.
The deal signing took place in New Delhi as Indian Prime
Minister Narendra Modi's was winding up a trip to the U.S.
While the aircraft are being acquired directly from Boeing, the
Apaches' onboard weapons, radars and some other components are
being bought through the U.S. government's foreign military sales
route--a government-to-government mechanism for selling U.S.
defense equipment.
The Boeing contract includes engines from General Electric Co.
and Hellfire missiles from Lockheed Martin Corp.
Write to Santanu Choudhury at santanu.choudhury@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 29, 2015 10:34 ET (14:34 GMT)
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