Lockheed Martin eyes bigger India footprint with $10.5bn military aircraft bid

Lockheed Martin plans to enhance its manufacturing capabilities in India if selected for the medium transport aircraft contract. The company already collaborates with Tata Advanced Systems for C-130J component production in India. The Indian Air Force seeks 60 medium transport aircraft to modernize its fleet due to aging aircraft. Competitors in this bid include Tata, Mahindra, and Adani Defence, partnering with global manufacturers.