Obama announces $1.7 billion Boeing order in India

SEATTLE (AP) - President Barack Obama had some good news for Boeing Co. during his trip to India.

Obama announced a series of commercial deals on Friday, including the purchase of 33 Boeing 737s by India's SpiceJet Airlines.

The U.S. president also announced a preliminary agreement between Boeing and the Indian Air Force to buy 10 C17 cargo jets.

Depending upon the model, the Boeing737 deal could be worth $1.7 billion to $2.9 billion. That's based on list prices, but airlines commonly negotiate discounts.
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