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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.
