In a boost to U.S. weapons makers looking for ways to offset lower domestic military spending, India is expected to choose Sikorsky Aircraft’s S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.
The decision could come during a high-profile visit to the United States by new Indian Prime Minister Narendra Modi that starts on Friday.
The Sikorsky deal would be one of several large U.S. arms purchases by India that are nearing completion, including over $2.5 billion in orders for Boeing Co’s AH-64D Apache and CH-47 Chinook helicopters.
Sikorsky Aircraft, a unit of United Technologies, declined comment on the potential helicopter order. Sikorsy is expected to beat out NH Industries, a joint venture of Airbus, AgustaWestland and Fokker Aerostructures.
via CNBC
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