Lockheed Bags R100-Crore Deal For IAF Bombs

NEW DELHI: US defence major Lockheed Martin has bagged a deal expected to be worth over R100 crore for supplying laser-guided bombs (LGBs) for the Jaguar fighter aircraft fleet in the Indian Air Force (IAF).
The IAF plans to induct more than 100 bunker-buster LGBs for its Jaguar warplanes to destroy strongly fortified enemy targets. The IAF had issued a global request for proposal for the purpose last year.
“We have emerged as the lowest bidders in the deal for supplying LGBs to the IAF. We have offered our Paveway II LGBs for the Jaguars and contract negotiations are on,” Lockheed Martin India head Roger Rose said.