The aggregate worth of India’s defense acquisition from the US Defense companies which have crossed over $ 18 billion are now expected to cross $25 billion over the next few years.
The defense relationship has emerged as a major pillar of India-US strategic partnership. There has been intensification in defense trade, joint exercises, personnel exchanges, collaboration and cooperation in maritime security and counter-piracy, and exchanges between each of the three services for over a decade. The two countries now conduct more bilateral exercises with each other than they do with any other country, including naval, air and land.Read More…