The Seattle Post-Intelligencer has published an Associated Press report saying President Barack Obama has announced a preliminary agreement to supply ten C-17 aircraft to the Indian Air Force (IAF).
But Bloomberg reports the order is yet to be placed.
Information scraped together on this through the week by your correspondent indicated that negotiations on this between India and the US had not been completed as of Friday evening.
India is looking to buy ten Boeing C-17 heavy lift aircraft at a maximum cost of USD 5.8 billion, according to the notification issued by the US Defense Security Cooperation Agency (DSCA) to the US Congress earlier this year.
A Boeing spokesperson had this to say on Sunday. “Because the C-17 deal is a government to government negotiation, Boeing is not in a position to know when India and the U.S. will sign a Letter of Acceptance (LOA). We are hopeful that the LOA will be signed by both countries soon.”
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