[DAWN] Lockheed Martin, a premier defence technologies company from the United States (US), on Thursday said it is ready start manufacturing F-16 fighter jets in India, in support of 'Make in India' initiative launched by the incumbent Narendra Modi government, reported The Times of India.Having gobbled up nearly all the defense tech companies in the country, Lockheed made itself a single point of failure. If the plane can be built in India it can be built in China or Russia or Pakistain.
The defence company also supported the ongoing talks between the two countries for the setting up of Lockheed Martin's manufacturing plant in India, one of the largest projects under the 'Make in India' initiative.
"We are ready to manufacture F-16 aircraft in India and support the Make in India initiative," Phil Shaw, chief executive of Lockheed Martin India told news hounds at the Singapore Airshow 2016.