Indian Prime Minister Narendra Modi is expected to wrap up major defense deals with General Dynamics (GD, Financial) and General Electric (GE, Financial) during his visit to Washington this week.
The trip, which follows a stop in France, is aimed at strengthening trade and security ties with the U.S. while easing trade tensions with President Donald Trump. A key focus will be India's co-production of Stryker combat vehicles with General Dynamics, making it the first foreign country to manufacture them.
Talks have been ongoing since the Indian Army tested the vehicles last year, and India is expected to order several hundred. Meanwhile, GE Aerospace's F414 jet engines, set to power India's Tejas Mk2 Light Combat Aircraft, are also on the table. The deal was initially struck in 2023, with final approvals expected by March. “This visit will be an opportunity to further elevate and deepen our partnership,” Modi said ahead of the trip.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。