Tata Group of India and American Company Lockheed Martin have signed a deal to produce, operate and export the F-16 fighters in India.
Under the deal, Lockheed will shift its Fort Worth, Texas plant to India.
This unprecedented F-16 production partnership between the world’s largest defense contractor and India’s premier industrial house provides India the opportunity to produce, operate and export F-16 Block 70 aircraft, the newest and most advanced version of the world’s most successful, combat-proven multi-role fighter.
About Lockheed Martin: Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
About Tata Advanced Systems Limited: Tata Advanced Systems Limited is a wholly owned subsidiary of Tata Sons, focused on providing integrated solutions for Aerospace, Defence and Homeland Security.