USIBC Prepares Executive Defense Mission to DefExpo 2020
WASHINGTON, D.C., Jan 29, 2020: The U.S.-India Business Council (USIBC) will lead its 17th Defense Executive Mission to DefExpo 2020 (February 5-8), showcasing the continuing vibrance and importance of the U.S.-India defense partnership. The mission will be co-led by Dennis Swanson, Vice President, International Sales, Global Sales and Marketing, and Defense, Space & Security, Boeing Global Services and David Sutton, Director for the Indo-Pacific, Lockheed Martin International. It follows a successful U.S.-India 2+2 Ministerial Dialogue, which featured the signing of defense agreements including the Industrial Security Annex (ISA).
“Defense trade is a key part of the U.S-India commercial partnership,” said USIBC President Nisha Biswal. “With the signing of the ISA and agreements to operationalize the Defence Trade and Technology Initiative (DTTI) in December, we anticipate opportunities for deeper industry collaboration and DefExpo is an important venue for strengthening these ties.” Bilateral defense trade reached $18 billion in 2019, up from less than $1 billion in 2008.
The mission includes executives from over a dozen top U.S. aerospace and defense companies seeking to enhance partnerships within India’s rapidly growing defense ecosystem. The delegation will include representatives from BAE, Continental Carriers, General Atomics, Jacobs, L3Harris, Northrop Grumman, Raytheon, Telephonics and Textron, among others.
“We have seen great positive energy and strong engagement between both governments and industry, leading to clarity in policy and the creation of a business-friendly climate to attract investment and spur growth,” said mission co-chair Dennis Swanson. “The expanded defense partnership between the U.S. and India serves as an engine for growth and innovation, and we’re excited about the future potential of the relationship.”
Mission co-chair David Sutton similarly noted, “we are encouraged by positive developments in U.S.-India relations, especially on the defense-industrial partnership front. With a presence of over 30 years in country, Lockheed Martin is privileged to have contributed to Indian defense operations as well as the evolution of indigenous defense manufacturing. We’re excited to be back at DefExpo and showcase our ‘Make in India’ legacy and present-day activities to the largest gathering of defense and aerospace partners in the country. We look forward to expanded collaboration with local industry to advance India’s strategic security and industrial capabilities.”
In collaboration with the Government of India’s Department of Defense Production, USIBC will also host an industry session at DefExpo 2020 on February 6, focused on the U.S. defense industry’s contributions towards ‘Make in India.’ The session will explore the investment environment in India’s defense sector and opportunities for collaboration between U.S. and Indian defense companies.
The U.S.-India Business Council represents top global companies operating across the United States, India, and the Indo-Pacific. Amid dynamic growth within the U.S.-India commercial partnership, the Council serves as the premier voice of industry and creates connections between businesses and governments across both countries. Through flagship Washington, D.C. and New Delhi offices, as well as presences in Mumbai, San Francisco, Chicago, Boston and New York, we work with members to identify and advance key policy priorities. Recognizing that U.S.-India trade is increasingly driven by new business hubs, USIBC is also focused on strengthening connections between cities and states.