India, U.S. in talks for C-17 deal: 

India, U.S. in talks for C-17 deal: 

Context

• India plans to buy another Boeing C-17 Globemaster from the United states

What shall be the terms and conditions of the contract?

• The aircraft shall be handed over within a month of signing the contract
• The validity of the contract expires in mid-October
• The aircraft, along with associated equipment, technical support and warranty, is estimated to cost $366.2 million.
• The handover will be done in the U.S. itself, and it will be flown to India by Indian pilots

What will be the Significance of this deal?

• The Boeing C-17 aircraft has become the mainstay of India’s humanitarian assistance and disaster relief efforts.
• The proposed sale will improve India’s capability to meet the existing and future strategic airlift requirements.
• India lies in a region prone to natural disasters and will use the additional capability for humanitarian assistance and disaster relief
• Boeing made 10 additional aircraft without any order and offered them to all existing customers, including India.