Thursday, July 15, 2010

US May Secure $5 billion Worth of Arms Sales to India

US President Barack Obama's visit to New Delhi in November may secure $5 billion worth of arms sales to India, Russia's Vzglyad newspaper reported.India's shortlist includes Patriot defense systems, Boeing mid-air refueling tankers and certain types of howitzers, and the total cost of the deal may exceed $10 billion, the paper added.The report came a day after The Economic Times in New Delhi reported that talks are underway between Indian and US officials over a deal to sell 10 Boeing C-17 military transport aircraft to the Indian Air Force (IAF).

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