16.05.2015, 12:51
<!-- m --><a class="postlink" href="http://www.wsj.com/articles/india-approves-purchase-of-56-airbus-c295-transport-planes-1431618137">http://www.wsj.com/articles/india-appro ... 1431618137</a><!-- m -->
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Stalled deal for 155mm howitzers is revived
May 14, 2015 11:42 a.m. ET NEW DELHI—India’s Defense Ministry has approved the purchase of 56 transport aircraft from Airbus Group NV in a deal valued at $1.87 billion and has given the go-ahead to a long-stalled deal to acquire howitzers from BAE Systems PLC.
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The government on Wednesday also signed off on the purchase of 145 M777 howitzers from London-based BAE Systems, Mr. Kar said. The company has offered to build a howitzer assembly and test facility in India as part of the deal.
BAE Systems closed plants in the U.S. and U.K. involved in building the M777 amid repeated delays in the Indian deal, though units in both countries would be heavily involved in building the equipment for India. The weapon, which fires 155mm shells, is due to be used on the Indian border with Pakistan and China.
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