Three Indian Policies Effecting Defense Trade: U.S. Industry

This is the fifth request for an extension and thus beyond internationally acceptable standard for timely action, it said, adding the BAE Systems still does not have a signed LOA for an order of 145 M777 lightweight howitzers, despite India's ministry of defense having had an LOA in its possession since early March.
In the letter, obtained by PTI, USIBC said India has asked both Lockheed Martin and BAE Systems to hold price and delivery schedules beyond that which is considered internationally acceptable or fiscally feasible for the contractor to sustain.
"While there is no question surrounding the reliability and technological superiority of US defense equipment, there is no justifiable rationale or reason given to our industry partners on why LOAs are being delayed or not signed," it said, adding this has also called into question whether US industry can continue to shoulder the significant cost required to reserve critical production capacity indefinitely in anticipation of a signed LOA from India.
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