An F-35B Lightning II with Marine Fighter Attack Squadron (VMFA) 121, lands at Marine Corps Air Station Iwakuni, Japan, Jan. 18, 2017. Photo courtesy of the U.S. Marine Corps
In its bid to build 110 combat planes for the Indian Air Force, Lockheed Martin will provide the latest jet technologies, including a target device aboard the F-16 aircraft. The global defense giant will offer jets equipped with the advanced radar fitted on its fifth-generation jet, the F-35, as well as a helmet-mounted tracking system and a new radio link system.
The bid also includes an offer to shift its lone production line for F-16s from Fort Worth, Texas, to India. Lockheed takes on its competitors Saab AB and Boeing for the jet order worth at least $15 billion.
Read more at Bloomberg.