20 April 2013

News Story: US eyes 'billions of dollars' of arms sales to India


WASHINGTON (IANS): As the US enhances its security partnership with India as part of Asia rebalance, American companies could see "billions of dollars" in additional weapons sales to New Delhi, according to a senior US defence official.

Noting that US military sales to India have grown from virtually zero in 2008 to more than $8 billion, Andrew Shapiro, assistant secretary of state for political-military affairs, told reporters Thursday "we think there's going to be billions dollars more in the next couple of years."

This was so despite India's decision to choose French-built Rafale plane in preference to US made Lockheed and Boeing aircraft in a $10 billion competition for new fleet of advanced combat aircraft, he said.

"While that fighter competition loss was disappointing, we have made tremendous progress in the defence trade relationship," Shapiro said.

Read the full story at Brahmand