The Trump administration on Tuesday, June 12, said it approved a deal to sale 6 AH-64E Apache attack helicopters for $930 million (Rs 6,287 crore) to the Indian military. According to the US Defence Security Cooperation Agency, the helicopters are expected to enhance India’s defensive capability in order to counter ground-armoured threats and modernise its armed forces. The Agency further said India will not face any difficulty to absorb the helicopters and support equipment into its armed forces.
The Apache is manufactured by Boeing, a company that is now in partnership with Indian firm TATA to manufacture the helicopters in India. The agreement has been passed to the US Congress, but if US lawmaker raises an objection to the contract the deal will be hindered, reported AFP.
The leading contractors of the deal are US arms, aviations and engineering giants Lockheed Martin, General Electric and Raytheon. In addition to aircraft deal, the contract includes GPS guidance, night vision sensors, and hundreds of Hellfire anti-armor along with Stinger air-to-air missiles.
According to a report published by HinduBusinessLine, in 2016, India was the 9th trading partner of the US and also one of the major countries with which the US that has had a trade deficit of more than $30 billion, which is also likely to persist in 2017.
Mukesh Aghi, President of the US India Strategic and Partnership Forum (USISPF) said in an interview to PTI, that in 2017 India’s trade with the US bounced from $118 billion.