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Tuesday, 20 June 2017

Lockheed Martin signs pact with Tata to make F-16 planes in India

The defence arm of the Tata Group has signed an agreement with American firm Lockheed Martin to produce and export new generation F-16 fighter aircraft, potentially kick-starting a mega ‘Make in India’ project.

The agreement has been signed at the Paris Airshow, Lockheed to produce F-16 fighter planes in India. It is the newest and most advanced version of the world’s most successful, combat-proven multi-role fighter.

Important Takeaways from Above News-

  • TATA Advanced Systems is the defence arm of TATA.
  • S Ramadorai is the Chairman of TATA Advanced Systems.
  • Sukaran Singh is the CEO & Managing Director of TATA Advanced Systems.
Source- The Hindu

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