: International News
US trade body hails India's $4 bn Boeing order
Washington, June 07, 2011
The US-India Business Council (USIBC),
a business advocacy group representing some 400 top US
companies, has hailed India's decision to purchase 10 Boeing
C-17 aircraft, valued at more than $4.1 billion.
"This is testament to India's appreciation of US technology
and confidence in the United States as a long-term defence
sales partner," said USIBC President Ron Somers noting that
the purchase would make the Indian Air Force the owner and
operator of the largest fleet of C-17s outside of the US.
"This largest-ever Indian purchase of US defence technology we
hope will be just the beginning of much more to come," he
"US defense sales to India began only a decade ago, at a value
of less than $200 million for radar equipment. We have come a
long way since then," Somers said noting "US-India defense
sales today have now crossed the $9 billion mark and continue
"US industry wishes to provide India with a host of
cutting-edge products and solutions to meet its emerging
defence, security, and counterterrorism needs," he said.
"Overall, we see the United States and India, the world's
largest free-market democracies, forging a deep and lasting
strategic partnership, shaping the destiny of the 21st
Century," Somers said.
Boeing C-17 is used for rapid strategic airlift of troops and
cargo to main operating bases, and forward-operating bases,
throughout the world. It can also perform tactical airlifts,
medical evacuation, and airdrop missions. The C-17 can
transport large payloads and land on short, rough runways.
According to Boeing each plane supports 650 suppliers across
44 states in the US, and that this order will support Boeing's
C-17 production facility in Long Beach, California for an