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Monday, March 01, 2010

India, France to ink Rs 10,000cr deal for Mirage upgrade

Mirage 2000-5India and France are now finally close to inking the around Rs 10,000 crore project to upgrade the Mirage-2000 fighter jets in the IAF combat fleet after protracted negotiations.

The first four to six IAF Mirages will be upgraded in France, while the rest 50 will equipped with new avionics, weapon and sensor suites to enhance their combat edge by Hindustan Aeronautics Ltd in India under transfer of technology in the project.

"It (the project finalization) should happen shortly," IAF chief Air Chief Marshal P V Naik told TOI.

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