Airbus and Tata team up to bid for Indian Air Force planes
NEW DELHI: Europe's Airbus and Tata Sons have bid for a multibillion-dollar contract to replace the Indian Air Force's ageing fleet of Avro cargo planes, as New Delhi looks to boost the role of the local private sector in modernizing its armed forces. Under the bid, estimated by analysts to be worth at least $2 billion, Airbus's Defence and Space unit and Tata's Advanced Systems would replace the 56 Avro jets with Airbus's C295 transport planes, the European manufacturer said on Tuesday. Airbus would supply th…
Airbus Mulls India Assembly for C295 Plane in Military Pitch
Airbus Group NV (AIR), aiming to pitch its C295 plane to the Indian Air Force, said it may set up a local assembly line for the military transport aircraft as it seeks to boost business outside the U.S. and Europe. The planemaker will bid for the Indian contract next month, Christian Scherer, head of marketing and sales at Airbus Defense & Space, said by e-mail. India, the world’s largest arms importer, invited bids last year for 56 transport planes to replace its aging fleet of Avro aircraft. “Clearly at present we have minimal …
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