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Photo: Reuters

A Boeing C-17 transport aircraft, known as the Globemaster, shown here at the Papa Air Base in Papa, Hungary, July 27, 2009.

NEW DELHI — India on Monday cleared a more than $4.0-billion deal to buy military transport planes from Boeing in the biggest ever defence deal between New Delhi and an American firm, officials said.

The agreement for the C-17 Globemaster III planes, used for transporting heavy equipment, was cleared at a meeting of the government’s cabinet committee on security affairs, a senior government official said.

The Indian defence ministry declined to comment but the official, who spoke on condition of anonymity, told AFP that the cabinet gave its clearance to buy 10 C-17 aircraft.

He said the procurement would be done as Read more…