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Saab, Adani Tie Up To Bid For Defence Deals

The partnership will compete with US defence giant Lockheed Martin in a two horse-race to win a potential order from the military.

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Saab, Adani Tie Up To Bid For Defence Deals

The potential military order is for single-engine jets that will be produced in India.


New Delhi: Sweden's Saab is tying up with the Adani Group to bid for defence deals in India, with a focus on its Gripen fighter jet aircraft, its chief executive Hakan Buskhe told reporters in New Delhi on Friday.

The partnership will compete with US defence giant Lockheed Martin in a two horse-race to win a potential order from the military for single-engine jets that will be produced locally under Prime Minister Narendra Modi's "Make-in-India" initiative.
© Thomson Reuters 2017


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