2020-03-01
Lockheed Martin and BEL to Explore Opportunities for F-21
Lockheed Martin signed a memorandum of understanding (MoU) with Navratna Defence PSU Bharat Electronics Limited (BEL) to explore industrial opportunities in the F-21 programme today at DefExpo 2020. The company is strengthening and growing its partnerships with the Indian industry to support the company's F-21 proposal for the Indian Air Force.
"We are excited to begin exploring F-21 opportunities with BEL, one of India's leading aerospace and defence companies," said Dr. Vivek Lall, Vice President of Strategy and Business Development, Lockheed Martin Aeronautics. "An F-21 partnership with India integrates Indian industry, including BEL, into the world's largest and most successful fighter aircraft ecosystem and demonstrates Lockheed Martin's commitment to India."
The advanced, single-engine F-21 could be the ideal solution to meet the Indian Air Force's capability needs and deliver industrial opportunities. The F-21 delivers an advanced, single-engine multi-role fighter at an optimal Life Cycle Cost for the Indian Air Force, with the longest service life of any competitor – 12,000 flight hours. In concert with India's Rafale and Tejas, the F-21 will fill a critical operational role for the Indian Air Force.
The F-21 also provides unmatched opportunities for Indian companies of all sizes, including Micro, Small & Medium Enterprises (MSMEs) and suppliers throughout India, to establish new business relationships with Lockheed Martin and other industry leaders in the U.S. and around the globe.
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