The $4.1-billion deal for 10 Boeing C-17 Globemaster-III strategic transports will shortly be signed between the governments of India and the US. Queries sent by India, asking for clarifications on certain costings (which emerged from the Ministry of Finance) have reportedly been addressed to the satisfaction of the contract team. The final foreign military sales (FMS) contract is expected to come up for final approval at the Indian government's apex Cabinet Committee on Security (CCS) before contract signature goes through.
When concluded, the single-source ten aircraft deal will be the largest Indo-US military hardware contract yet signed, surpassing the $962.7-million deal for six Lockheed-Martin C-130Js and the $2.1-billion for eight Boeing P-8I Neptune LRMR/ASW aircraft.
Photo ©USAF / By Staff Sgt. Michael B. Keller / McChord Air Force Base, Wash.