Finmeccanica out, US’s Sikorsky joins Navy copter acquisition race
DELHI: The infamous VVIP helicopter scandal has claimed another victim. The defence ministry has ejected the European NH-90 chopper, linked to Italian conglomerate Finmeccanica, out of the race to supply 16 multirole helicopters to the Navy. The commercial bid of the other contender in fray, American Sikorsky-70B choppers, will now be opened this month after a long delay. "Both NH-90 and Sikorsky-70B choppers had cleared the technical trials held a couple of years ago," said a MoD source. "But their commercial bids…
IAF can’t afford delay in Rafale deal : IAF Chief
Air chief marshal Arup Raha has said that it is critical to keep the $25 billion (Rs 1,50,000 crore) French Rafale fighter deal on schedule as the IAF cannot afford any more delays. Raha’s comments are significant as the Eurofighter consortium, backed by four European countries, is trying to re-enter the race to sell its Typhoon fighters to India. The Germany-led consortium has come up with a revised proposal -- sweetened with a discount -- to sell 126 Typhoons to India, despite losing the world’s biggest fighter contract to Dassault …
Thales, BEL to form Joint Venture Company for Radars
The French aerospace company Thales and India’s Bharat Electronics Ltd. (BEL) have announced a joint venture to produce civil and military applications radars. According to a press statement issued by the two companies Aug 29, the two companies have taken this decision as a follow-up to the bilateral Memorandum of Understanding (MoU) signed on 17 Nov 2009 to set up a Joint Venture Company (JVC) to manufacture radars for India and foreign markets. The JVC will be “dedicated to the design, development, marketing, supply and support of c…
India to finalise Rafale deal this fiscal year: air force
NEW DELHI (Reuters) - India will finalise a $15 billion deal to buy 126 Rafale fighter jets from France's Dassault Aviation by March 2014, an Indian air force official said on Thursday, after the deal had been held up by differences over local manufacturing. New Delhi picked the Rafale for exclusive negotiations in January 2012 after a bidding contest against Eurofighter Typhoon aircraft, made by a consortium involving EADS , Finmeccanica and BAE Systems . But there were differences over the role of India's state-run Hindus…
MMRCA deal still some way off as irritants remain
Though India and France failed to ink the much-awaited US $12-billion 126 MMRCA deal during the French defence minister's visit on Friday, the two sides discussed military cooperation, including high-technology areas involving joint research and development and transfer of technology. Though India and France failed to ink the much-awaited US $12-billion 126 MMRCA deal during the French defence minister’s visit on Friday, the two sides discussed military cooperation, including high-technology areas involving joint research and d…
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