C-17 Globemaster: Updates & Discussions

[CONNAN]

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New Delhi: The deal to buy 10 C-17 Globemaster-III aircraft from Boeing of the US is a step closer to being clinched. The finance ministry, after initial objections, has sanctioned the money for the acquisition.
According to sources, after this development, the only formality left is the approval by the Cabinet committee on security, which is expected soon. Following this, the deal will be inked to facilitate the foreign military sale (FMS) of the 10 strategic heavy airlift aircraft. FMS is a system of government-to-government sale of military equipment.

Chris Chadwick, president, Boeing Military Aircraft, dismissed rumours about India being upset with the $5.8-billion price tag. “There are no problems relating to the price of the C-17 Globemaster and there has been no indication from the government that it is going to put the $5.8-billion sale of 10 C-17 Globemaster- III transport aircraft to the Indian Air Force,” he told FE on a recent visit to Delhi. “There has been no direct request to us about the pricing (of the C-17s). I think what we offered is very fair and allows us to meet the requirement of airplane capability and life-cycle costs. I think we are pretty close to signing the contract.”

He said the price for the 10 C-17s was “fair and transparent” and noted that the company’s offset commitment plan had been already approved. He said the deal is expected to close by mid-2011.

The new freighter plane will be inducted in the IAF as its new very heavy lift transport aircraft (VHTAC). The IAF is acquiring the C-17 Globemasters as a replacement for its ageing fleet of AN-32 and Ilyushin Il-76 transport aircraft it procured from Russia in the 1980s.

After the contract for the 10 C-17s is signed, India may go in for six more of these aircraft, with the IAF keen on increasing its heavy-lift capability.

This deal has the potential to create as many as 30,000 jobs in the US, Robert Blake, assistant secretary of state for South and Central Asia, said last year at the 27th Annual Mahatma Gandhi Memorial Lecture at San Diego State University in California.

Decks cleared for $5.8-bn C-17 Globemaster deal

[@speaks]

New Delhi: The deal to buy 10 C-17 Globemaster-III aircraft from Boeing of the US is a step closer to being clinched. The finance ministry, after initial objections, has sanctioned the money for the acquisition.
According to sources, after this development, the only formality left is the approval by the Cabinet committee on security, which is expected soon. Following this, the deal will be inked to facilitate the foreign military sale (FMS) of the 10 strategic heavy airlift aircraft. FMS is a system of government-to-government sale of military equipment.

Chris Chadwick, president, Boeing Military Aircraft, dismissed rumours about India being upset with the $5.8-billion price tag. “There are no problems relating to the price of the C-17 Globemaster and there has been no indication from the government that it is going to put the $5.8-billion sale of 10 C-17 Globemaster- III transport aircraft to the Indian Air Force,” he told FE on a recent visit to Delhi. “There has been no direct request to us about the pricing (of the C-17s). I think what we offered is very fair and allows us to meet the requirement of airplane capability and life-cycle costs. I think we are pretty close to signing the contract.”

He said the price for the 10 C-17s was “fair and transparent” and noted that the company’s offset commitment plan had been already approved. He said the deal is expected to close by mid-2011.

The new freighter plane will be inducted in the IAF as its new very heavy lift transport aircraft (VHTAC). The IAF is acquiring the C-17 Globemasters as a replacement for its ageing fleet of AN-32 and Ilyushin Il-76 transport aircraft it procured from Russia in the 1980s.

After the contract for the 10 C-17s is signed, India may go in for six more of these aircraft, with the IAF keen on increasing its heavy-lift capability.

This deal has the potential to create as many as 30,000 jobs in the US, Robert Blake, assistant secretary of state for South and Central Asia, said last year at the 27th Annual Mahatma Gandhi Memorial Lecture at San Diego State University in California.

Decks cleared for $5.8-bn C-17 Globemaster deal

Original Post By CONNAN

http://upload.wikimedia.org/wikipedi...master_III.ogv

[Varad]

Hopefully now they will not pose any problems in the MMRCA.

[ShUeY]

Wasn't it 4 billion before? lol

[chachachoudhary]

What is the offset commitment that this Boeig guy is referring to? How and what percentage of money will be diverted to india? These questions need answers. We cannot just sign a 5.8 BIL deal just to please amerika.

[Sid]

MRCA gone for US, no worries..C-17 is in!!

[tariqkhan18]

I am hearing that this deal could go up to 15 C-17 aircrafts, how true is that?

[Dilemma]

I am hearing that this deal could go up to 15 C-17 aircrafts, how true is that?

Original Post By tariqkhan18

Yeah, apart from the 10 that is finalized (to be signed very soon), negotiations are going on for 6 more.

[RoYaN]

What is the offset commitment that this Boeig guy is referring to? How and what percentage of money will be diverted to india? These questions need answers. We cannot just sign a 5.8 BIL deal just to please amerika.

Original Post By chachachoudhary

Offset or no offset how is buying aircraft for our need pleasing america??

[MAFIAN GOD]

Offset or no offset how is buying aircraft for our need pleasing america??

Original Post By RoYaN

Dude they are getting the $$$$$$$$.

[Desi Jatt]

I think the deal is based on the genuine need of IAF for heavy lift transport aircrafts....andnot for damage control towards US fighters losing the MRCA deal.

[Hashu]

I think the deal is based on the genuine need of IAF for heavy lift transport aircrafts....andnot for damage control towards US fighters losing the MRCA deal.

Original Post By Desi Jatt

agreed!

[CONNAN]

U.S. Now Promoting C-17 Sales To India


A day after U.S. companies were shut out from the competition to secure the Medium Multi-Role Combat Aircraft (MMRCA) program for the Indian air force, the Obama administration is promoting the sale of Boeing’s C-17 transport to New Delhi.

The air force had short-listed the C-17 to be its new heavy-lift transport aircraft two years ago. That deal is worth about $4 billion.

“Once this over $4 billion sale is finalized, the economic impact will be felt by 30,000 American workers and 650 American suppliers located in 44 states,” says U.S. Ambassador to India Timothy Roemer. He noted that six Lockheed Martin C-130-J planes were delivered to India in February, with several more since. “These sales demonstrate all the best of American manufacturing, technology and workmanship as they have been delivered on time and under budget. We are expecting similar success with the sale of C-17 aircraft,” he adds.

India rejected bids from Boeing and Lockheed Martin for an $11 billion fighter aircraft contract, short-listing the Dassault Aviation Rafale from France and Eurofighter Typhoon for the air force’s technical selection for the 126-aircraft MMRCA program.

Meanwhile, Boeing India President Dinesh Keskar says, “There are lots of opportunities here, and our partnership with India is not just one deal. We are doing significant work with the Indian aerospace industry to develop it as a part of our offset program.”

Boeing is also looking forward to an $850 million Indian contract for Boeing 787 aircraft, the first of which would be delivered to Air India later this year.

U.S. Now Promoting C-17 Sales To India | AVIATION WEEK

[RoYaN]

Dude they are getting the $$$$$$$$.

Original Post By MAFIAN GOD

Dude we are Getting the Planes!!!!!!

[MAFIAN GOD]

Dude we are Getting the Planes!!!!!!

Original Post By RoYaN

Its not like we can not buy planes from other countries.But we are buying them from US and may be thats why they are pleased.Afterall $6 Billion is not at all a small amount if we compare it with MMRCA.