Boeing placing $600 mln defence orders with India


US aircraft manufacturer Boeing Co said it has started sourcing equipment worth more than $600 million from Indian firms for anti-submarine warfare planes that it is manufacturing for India.

“We have started to place contracts worth over $600 million with Indian companies for supply of indigenous equipment for manufacturing the P-8I planes,” Vivek Lall, India country head of Boeing’s Integrated Defense Systems said.

India signed a $2.1 billion contract with Boeing in January to procure eight P-8I aircraft for its navy.