India and France to Finalize $8.9 Billion Deal for 36 Rafales

Discussion in 'Central & South Asia' started by Pathfinder, Apr 19, 2016.

Share This Page

  1. Pathfinder

    Pathfinder Lieutenant Colonel

    Joined:
    Dec 17, 2015
    Messages:
    1,406
    Likes Received:
    2,436
    Location:
    United-States
    W1I0345-1-600x400.jpg

    NEW DELHI — After three dozen rounds of negotiations since April 2015, India will finally sign an €7.8 billion (US $8.9 billion) contract next month with France to purchase 36 Dassault Rafale fighter aircraft.

    "We are in advanced stages of negotiations and the contract will be inked soon," said a source in the Indian Ministry of Defense (MoD).

    Dassault declined comment but Dassault chairman Eric Trappier said April 13 on Radio Classique he expected a contract could be signed “in the next few days," adding “I have high hopes this contract could be signed fairly quickly.”

    "Weaponry and other modifications have been finalized based on the earlier Medium Multi Role Combat Aircraft [MMRCA] tender," the MoD source said. The French will also sign a 10-year agreement for maintenance of the aircraft for the Indian Air Force (IAF).

    More:
    http://www.defensenews.com/story/de...finalize-89-billion-deal-36-rafales/83221878/
     
    AMDR likes this.
Loading...
Tags: