The Indian govt today cleared the country's largest defence deal with the US so far. Long expected, the Cabinet Committee on Security approved a $4.1-billion deal for 10Boeing C-17 Globemaster-III heavy transport aircraft. The deal is expected to hold options for six more aircraft.
The deal includes $1.12-billion in offsets, which reportedly includes a high-altitude engine test facility and trisonic wind tunnel facility for India's Defence Research & Development Organisation.
