CosmicTaco

US to Boost Military Sales to India with F-35 Jets

CosmicTaco · 2025-02-14T09:57:26.210107+05:30

- President Trump announced the US will escalate military sales to India, including F-35 jets, starting 2025. - The deal aims to reduce the trade deficit and strengthen defense ties, with India set to spend $200 billion on defense in the next decade. - Lockheed Martin's stock dipped 1.6% following the announcement; the defense contractor has yet to comment. Source: [Benzinga](https://www.benzinga.com/25/02/43718396/trump-modi-meeting-india-to-amp-up-us-weapons-purchases-will-receive-f-35-stealth-fighters), [Newsweek](https://www.newsweek.com/trump-announces-plan-equip-india-f-35-stealth-fighters-2030961)

President Trump announced the US will escalate military sales to India, including F-35 jets, starting 2025.
The deal aims to reduce the trade deficit and strengthen defense ties, with India set to spend $200 billion on defense in the next decade.
Lockheed Martin's stock dipped 1.6% following the announcement; the defense contractor has yet to comment.

Source: Benzinga, Newsweek