EADS might get involved with offering the A400M, will there be a competition similar to the MMRCA?Who else if not HAL ? 3 conglomerates with some serious financial backing come into my mind.
1. Mahindra Aerospace, part of the Mahindra group, rumoured to be considering buying Beechcraft.
2. Tata-Lockheed Martin Aero Structures, JV between Tata group and LM to manufacture C-130J components.
3. L&T Cassidian, primarily meant to supply defence electronics, may capitalize on the opportunity for a large project like this.
-Currently neither of the companies have an aircraft assembly line in India.
-All three are capable of raising large amounts of funds and enjoy a very high investor confidence.
-Tata Group and L&T have already made significant inroads in the defence sector as sub-vendors for DRDO and DPSU's and have continuously for the past decade expressed a desire to play an aggressive role in the defence equipment market should there be a policy change.
Don't see Boeing getting involved with the C-17, it just seems too heavy for what the Indians would be looking for.