India has formally cleared the biggest-ever Indo-US Defence deal , the $4.1 billion contract for 10 C-17 Globemaster-III giant strategic airlift aircraft. All decks for the almost Rs 19,000-crore deal, which will support over 22,000 jobs in the US as Barack Obama himself put it, were cleared last month, as was first reported by TOI. On Monday, the Cabinet Committee on Security chaired by PM Manmohan Singh gave the final go-ahead for the contract, under which the 10 Globemasters are to be delivered to IAF between 2013 and 2015.
Capable of carrying a maximum payload of 77.5 tonnes, which can include combat vehicles, artillery guns and battle-ready troops, the Boeing-manufactured Globemasters will seriously boost India's swift power projection capabilities in its "primary area of geo-strategic interest'' stretching from Persian Gulf to Malacca Strait.
The Globemaster from "Block 19'', which India will get, after all has a maximum range of 9,200 km. "They can carry twice the load of our present IL-76 `Gajraj' aircraft (IAF has around a dozen of these Russian-origin aircraft). Importantly, they can also operate from short airstrips,'' said ACM Naik. The Globemaster deal, which some have termed "exorbitant'', will assuage the US, which is still to reconcile with its F/A-18 `Super Hornet' and F-16 `Falcon' fighters losing out to European fighters in the India's $10.4 billion project to acquire 126 jets.
Arms deals in the bag
* 2002: $190 million for 12 AN/TPQ-37 firefinder weapon-locating radars
* 2005: Rs 937 crore for three VVIP Boeing Business Jets
* 2006: $92.5 million for amphibious vessel USS Trenton, with 6 UH-3H helicopters
* 2007: $1.2 billion for 6 C-130J `Super Hercules' aircraft
* 2009: $2.1 billion for 8 P-8I Poseidon maritime patrol aircraft
* 2010: $170 million for 24 Harpoon Block-II missiles to arm Jaguar fighters
* 2010: $822 million for 99 GE F-414 engines for Tejas Light Combat aircraft
* 2010: $257 million for 512 CBU-105 sensor-fuzed weapons
* 2011: $4.1 billion for 10 C-17 Globemaster-III strategic airlift aircraft
In pipeline
* Four more P-8Is for almost $1 billion
* Six more C-130Js for over $1 billion
* 145 M-777 ultra-light howitzers for $647 million
* Multi-million dollar deal for Javelin anti-tank guided missiles
Capable of carrying a maximum payload of 77.5 tonnes, which can include combat vehicles, artillery guns and battle-ready troops, the Boeing-manufactured Globemasters will seriously boost India's swift power projection capabilities in its "primary area of geo-strategic interest'' stretching from Persian Gulf to Malacca Strait.
The Globemaster from "Block 19'', which India will get, after all has a maximum range of 9,200 km. "They can carry twice the load of our present IL-76 `Gajraj' aircraft (IAF has around a dozen of these Russian-origin aircraft). Importantly, they can also operate from short airstrips,'' said ACM Naik. The Globemaster deal, which some have termed "exorbitant'', will assuage the US, which is still to reconcile with its F/A-18 `Super Hornet' and F-16 `Falcon' fighters losing out to European fighters in the India's $10.4 billion project to acquire 126 jets.
Arms deals in the bag
* 2002: $190 million for 12 AN/TPQ-37 firefinder weapon-locating radars
* 2005: Rs 937 crore for three VVIP Boeing Business Jets
* 2006: $92.5 million for amphibious vessel USS Trenton, with 6 UH-3H helicopters
* 2007: $1.2 billion for 6 C-130J `Super Hercules' aircraft
* 2009: $2.1 billion for 8 P-8I Poseidon maritime patrol aircraft
* 2010: $170 million for 24 Harpoon Block-II missiles to arm Jaguar fighters
* 2010: $822 million for 99 GE F-414 engines for Tejas Light Combat aircraft
* 2010: $257 million for 512 CBU-105 sensor-fuzed weapons
* 2011: $4.1 billion for 10 C-17 Globemaster-III strategic airlift aircraft
In pipeline
* Four more P-8Is for almost $1 billion
* Six more C-130Js for over $1 billion
* 145 M-777 ultra-light howitzers for $647 million
* Multi-million dollar deal for Javelin anti-tank guided missiles
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
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