Thursday, February 21, 2008

Gates jonesing for India 10bn arms deal

From Reuters:

Defense Secretary Robert Gates travels to India next week to strengthen diplomatic ties strained by an impasse over a landmark nuclear deal and push American bids for a lucrative $10 billion fighter contract.

After decades of a pro-Soviet tilt, India has moved closer to Washington in recent years, with new arms sales and joint military exercises. Millions of Indians also are turning to the United States for education, jobs and consumer goods.

Gates' visit comes as U.S. companies Lockheed Martin and Boeing Co. are competing with Russian and European rivals for one of India's biggest ever arms contracts, a potential $10 billion deal to sell India 126 fighter aircraft.

Burgeoning arms deals may also help pacify Washington, frustrated at India's apparent climbdown over a nuclear deal with the United States that President George W. Bush had called "historic"...


Posted by Peacedream

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