The company wants to make F 16-Block 70 "for India, from India and export to the world".
Group Captain Murli Menon (retd) reveals how India can neutralise the Pakistan air force's combat capabilities without firing a shot.
Here is an explainer and a timeline relating to India's purchase of 36 combat jets.
The Raksha Mantri was unable to address media queries about how much the Modi government was paying for 36 Rafales compared to what the UPA government had negotiated.
Boeing expects the IAF to soon place an inquiry for twin-engine fighter jets to bridge a 200-aircraft gap in its armoury. And the Super Hornet is ready to fly in.
Along with HAL, Boeing intends to involve the Mahindra Group in building Super Hornets in India.
'For a show that has been going on since 1948 one expected a certain standard of showcasing and showmanship, besides variety and a show of skill.' 'At the same time one felt pretty good about the standards of our own efforts -- Aero India -- at Bangalore once every four years and in business only since 1996,' says Group Captain Murli Menon (retd) after a visit to the Farnborough Airshow.
The contracts with Israel Aerospace Industries will condemn the Tejas Light Combat Aircraft to a marginal presence in the IAF's future fleet.
Defence Minister Manohar Parrikar says global aircraft makers will have to get approval from their own governments to transfer technology and build jets in India.
Production in India would be open for companies other than HAL
'India placed the order, primarily due to the IAF's 'critical operational necessity'.' 'The complexity of the IAF's requirements delayed the process for months.' 'It is these requirements which cannot be made public.' 'Can you image Indian politicians publicly discussing the pros and the cons of such military equipment?' 'It would provide India's enemies with indications about the IAF's tactical plans in case of a conflict.' 'It is crucial that they should remain secret to protect India's defence preparedness,' explains Claude Arpi.
Lockheed Martin's offer involves transferring the world's only F-16 production line from Fort Worth, Texas, to India. Thereafter, every F-16 built, and a large share of the spare parts and sub-systems for every F-16 flying across the globe would come from India.
There is considerable discomfort within the defence ministry about the Rafale deal.
'His secretary of defence nominee, General James Mattis, says he expects Pakistan to take action against terrorists operating from its soil.' 'Any pressure the US can bring on the Pakistani regime terror-wise would pay dividends for India.'
Nelson Mandela's remains arrived in his childhood village in eastern South Africa on Saturday for a traditional burial on Sunday, bringing down the curtain on 10 days of national mourning and memorial events for the anti-apartheid icon.
In the light of India's increasingly 'darkening' threat environment and the convergence of strategic interests between China and Pakistan, the IAF's declining combat capabilities are a cause for concern, says Brigadier Gurmeet Kanwal (retd).
Even as three Rafale fighters line up in Bengaluru for eye-popping aerobatics displays at the Aero India 2015 exhibition this week, senior ministry of defence sources say the proposal to buy the French fighter is "effectively dead".
India's enemies be warned: The Rafale deal will bring a sea change in India's defence preparedness.
While the Rafale deal seems to be the main order of business during French President Francois Hollande's visit, other aspects could help sweeten the deal, says Claude Arpi.
'Narendra Modi knows how to calculate and remain pragmatic. Take the unexpected Rafale deal - perhaps the first time a PM has considered the country's defence procurement as a priority, over the considerations of the babus... and over his own pet project 'Make in India',' says Claude Arpi.
'IAF is expanding at a rapid pace'