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Lockheed Martin likely to partner with TATA forF-16 aircrafts

US based Lockheed Martin Corp. is considering India’s TATA as a potential partner to build its F-16 fighter aircrafts as India looks to modernize an aging fleet of fighter jets. Both the companies have a joint venture since 2012 to build tail sections and wing-box components for the C-130 cargo plane’s global supply chain. Earlier this year, Lockheed Martin has offered for local production of the F-16 jets both to meet Indian requirements and as well as for exports.

Source:http://www.livemint.com/Companies/itOvj648XCJMKG73XnhwyM/Lockheed-eyes-Tata-as-F16-partner-for-next-big-India-jet-de.html

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