Embraer, Lockheed Martin vie for India’s $10.5B military transport aircraft deal

NEW DELHI — Global aerospace companies Embraer from Brazil and Lockheed Martin from the United States are offering to expand aircraft manufacturing facilities in India as they pursue an approximately $10.5 billion contract for 60 medium transport aircraft for the Indian Air Force. Embraer’s C-390 Millennium is competing with Lockheed Martin’s C-130J Super Hercules as India seeks to replace its aging military transport fleet that includes the Soviet-era Antonov An-32. The formal race for one of India’s biggest military aviation contracts set off in August when India issued a Request for…