Lockheed keen to partner with Indian firms

09 Feb 2007

1

Bangalore: Lockheed Martin is committed to long term industrial collaboration with Indian companies to help India meet its most challenging defence and security goals, as well as to pool its resources and those of its global supply network in the most effective and affordable combinations for India, Royce Caplinger, vice president of Lockheed’s office in India said today.

Unveiling the company’s ‘India Innovation Growth Program’, he said it was designed to advise companies with new technologies on how to bring their products to the global marketplace. The idea, he said, was to produce successful businesses that could then grow and move forward on their own, taking new technologies developed in India to the global marketplace.

The initiative is to move in step with the company’s bid to market its aircraft to the Indian defence forces, which involves technology transfer and indigenous manufacture under license.

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