Lockheed Martin Eyes New Investment Opportunities in Telangana

Tim Riffle, MD of Tata Lockheed Martin Aerostructures Limited, visited Telangana's Chief Minister A Revanth Reddy. He expressed interest in investment opportunities within the state. Lockheed Martin plans to set up a C-130J Super Hercules assembly line in India, strengthening ties between Tata Advanced Systems and Lockheed Martin.

In an effort to explore potential investment opportunities, Tim Riffle, Managing Director of Tata Lockheed Martin Aerostructures Limited, paid a visit to Telangana Chief Minister A Revanth Reddy on Wednesday.

According to a press release, Riffle expressed a keen interest in expanding Lockheed Martin's presence in India. The US defence giant is planning to establish a C-130J Super Hercules final assembly line in the country, a move that signifies strong industrial collaboration.

This development is part of a joint venture between Tata Advanced Systems Limited and Lockheed Martin, showcasing the evolving partnership between these two industry leaders.

(With inputs from agencies.)