Lockheed Martin offers to shift fighter aircraft F-16 production from US to India

Lockheed Martin sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said. The U.S. defence firm is competing with Boeing's F/A-18, Saab's Gripen, Dassault Aviation's Rafale, the Eurofighter Typhoon and a Russian aircraft to supply the Indian air force with 114 combat planes in a deal estimated to be worth more than $15 billion.

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