NEWS

Lockheed draws plan to take Indian tech global
February 07, 2007, Business Standard
BS Reporters / Bangalore

Aviation major Lockheed Martin hopes to expand its footprints in India. The firm counts India among its top priority along with West Asia and Nato. The firm will display its products at Aero India.

The products on display will be the F-16 multi-role fighter, C-130J transport aircraft, the P-3 maritime patrol aircraft, MH-60R helicopter, PAC-3 air and missile defence systems, among others.

In another initiative, the company today announced it will soon start India innovation growth programme. “It will be established as a two-year project to expand global export opportunities for new Indian technology,” said Robert H Trice, Lockheed Martin’s senior vice-president of corporate business development.

“We are sponsoring the initiative to show that we want to be a corporate partner with the government and industries,” Trice said.