American companies are "well-positioned" to compete for Indian defense contracts over the next several years, despite the elimination of two U.S. fighter aircraft from India's Medium Multi-Role Combat Aircraft competition, a State Department official said today. U.S Assistant Secretary of State for South and Central Asian Affairs Robert Blake called the elimination of Lockheed Martin's F-16 and Boeing's F/A-18E/F from the MMRCA competition a "great disappointment." India plans to spend more than $10 billion on 126 MMRCAs. "But I think...
